DLD Asset Management LP Buys 52,120 Shares of Cantor Equity Partners II Inc. $CEPT

DLD Asset Management LP lifted its position in Cantor Equity Partners II Inc. (NASDAQ:CEPT) by 44.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 169,822 shares of the company’s stock after purchasing an additional 52,120 shares during the quarter. DLD Asset Management LP owned 0.56% of Cantor Equity Partners II worth $1,785,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Clear Street LLC acquired a new stake in Cantor Equity Partners II in the 2nd quarter valued at about $119,000. Permanent Capital Management LP bought a new position in Cantor Equity Partners II in the 3rd quarter worth approximately $149,000. Hunting Hill Global Capital LLC bought a new position in Cantor Equity Partners II in the 2nd quarter worth approximately $183,000. Gabelli Funds LLC acquired a new position in Cantor Equity Partners II during the 2nd quarter worth $238,000. Finally, Qube Research & Technologies Ltd bought a new position in Cantor Equity Partners II in the 2nd quarter valued at $278,000.

Cantor Equity Partners II Trading Down 0.4%

Shares of NASDAQ:CEPT opened at $11.06 on Monday. Cantor Equity Partners II Inc. has a one year low of $10.32 and a one year high of $13.74. The company has a 50 day moving average of $11.62 and a 200-day moving average of $11.25.

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued 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, the company has a consensus rating of “Sell”.

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.