Cantor Equity Partners II Inc. $CEPT Shares Purchased by GABELLI & Co INVESTMENT ADVISERS INC.

GABELLI & Co INVESTMENT ADVISERS INC. boosted its holdings in Cantor Equity Partners II Inc. (NASDAQ:CEPT) by 239.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 96,400 shares of the company’s stock after acquiring an additional 68,000 shares during the quarter. GABELLI & Co INVESTMENT ADVISERS INC. owned about 0.32% of Cantor Equity Partners II worth $991,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Clear Street LLC purchased a new stake in Cantor Equity Partners II in the 2nd quarter worth about $119,000. Permanent Capital Management LP acquired a new position in shares of Cantor Equity Partners II in the 3rd quarter valued at about $149,000. Hunting Hill Global Capital LLC acquired a new position in shares of Cantor Equity Partners II in the second quarter worth $183,000. Gabelli Funds LLC purchased a new stake in shares of Cantor Equity Partners II during the second quarter worth $238,000. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of Cantor Equity Partners II during the second quarter worth $278,000.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e)” rating on shares of Cantor Equity Partners II in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Cantor Equity Partners II currently has a consensus rating of “Sell”.

Cantor Equity Partners II Stock Performance

Shares of CEPT opened at $11.06 on Friday. Cantor Equity Partners II Inc. has a 12-month low of $10.32 and a 12-month high of $13.74. The stock’s 50-day moving average price is $11.62 and its 200 day moving average price is $11.24.

Cantor Equity Partners II (NASDAQ:CEPT) last announced its quarterly earnings data on Friday, March 6th. The company reported ($0.19) earnings per share (EPS) for the quarter. The firm had revenue of $2.39 million for the quarter.

Cantor Equity Partners II Profile

Cantor Equity Partners II (NASDAQ: CEPT) is a closed-end management investment company that focuses on providing customized capital solutions to private, middle-market companies in the United States. Listed on the Nasdaq, CEPT seeks to deliver attractive risk-adjusted returns by investing across a spectrum of debt and equity instruments. Its portfolio may include senior secured loans, subordinated and mezzanine debt, preferred equity, and common equity, allowing it to tailor financing structures to meet the specific growth, acquisition or recapitalization needs of its portfolio companies.

As a business development company registered under the Investment Company Act of 1940, CEPT targets U.S.