Alpine Global Management LLC Has $908,000 Stock Holdings in Cantor Equity Partners, Inc. $CEPO

Alpine Global Management LLC decreased its position in Cantor Equity Partners, Inc. (NASDAQ:CEPO) by 50.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 86,849 shares of the company’s stock after selling 86,711 shares during the period. Alpine Global Management LLC owned approximately 0.34% of Cantor Equity Partners worth $908,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in CEPO. Pantera Capital Partners LP acquired a new stake in Cantor Equity Partners during the 3rd quarter worth $15,690,000. Harraden Circle Investments LLC grew its stake in Cantor Equity Partners by 21.8% in the second quarter. Harraden Circle Investments LLC now owns 2,298,679 shares of the company’s stock valued at $27,354,000 after acquiring an additional 412,079 shares during the period. Fortress Investment Group LLC acquired a new position in Cantor Equity Partners in the second quarter valued at about $4,412,000. Millennium Management LLC bought a new stake in shares of Cantor Equity Partners in the first quarter worth about $4,085,000. Finally, Jane Street Group LLC bought a new stake in shares of Cantor Equity Partners in the second quarter worth about $3,859,000.

Cantor Equity Partners Stock Down 0.2%

Shares of CEPO stock opened at $10.48 on Wednesday. The firm has a fifty day moving average of $10.46 and a 200-day moving average of $10.45. Cantor Equity Partners, Inc. has a 12-month low of $10.12 and a 12-month high of $16.50. The company has a market capitalization of $267.24 million, a price-to-earnings ratio of -38.81 and a beta of -0.23.

Cantor Equity Partners (NASDAQ:CEPO) last issued its quarterly earnings data on Friday, February 27th. The company reported ($0.44) EPS for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Cantor Equity Partners in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Cantor Equity Partners Profile

Cantor Equity Partners, Inc is a special purpose acquisition company (SPAC) incorporated in Delaware and listed on the NASDAQ under the ticker CEPO. As a blank‐check entity, Cantor Equity Partners seeks to raise capital through an IPO and use the proceeds to effect a merger, share exchange, asset acquisition or similar business combination with one or more target companies. The company does not engage in commercial operations of its own until it completes a qualifying transaction.

The firm’s sponsor, Cantor Equity Opportunities Sponsor, LLC, is an affiliate of Cantor Fitzgerald, L.P., a well-established global financial services firm known for its capital markets, investment banking and brokerage activities.