115,000 Shares in Cantor Equity Partners III, Inc. $CAEP Acquired by Wolverine Asset Management LLC

Wolverine Asset Management LLC purchased a new position in Cantor Equity Partners III, Inc. (NASDAQ:CAEP) during the 2nd quarter, HoldingsChannel reports. The fund purchased 115,000 shares of the company’s stock, valued at approximately $1,213,000.

Several other institutional investors have also recently made changes to their positions in CAEP. FNY Investment Advisers LLC bought a new position in shares of Cantor Equity Partners III in the second quarter worth $87,000. Cannon Global Investment Management LLC bought a new position in shares of Cantor Equity Partners III in the second quarter worth $127,000. Finally, Tuttle Capital Management LLC bought a new position in shares of Cantor Equity Partners III in the second quarter worth $316,000.

Cantor Equity Partners III Stock Performance

Shares of NASDAQ:CAEP opened at $10.72 on Friday. The business has a fifty day moving average of $10.45. Cantor Equity Partners III, Inc. has a one year low of $10.22 and a one year high of $11.09.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CAEP. Wall Street Zen raised shares of Cantor Equity Partners III to a “hold” rating in a report on Saturday, July 5th. Weiss Ratings reissued a “sell (e)” rating on shares of Cantor Equity Partners III in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Cantor Equity Partners III Profile

We are a blank check company incorporated on November 11, 2020 as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.