249,552 Shares in Stellar V Capital Corp. $SVCC Bought by Wolverine Asset Management LLC

Wolverine Asset Management LLC acquired a new position in shares of Stellar V Capital Corp. (NASDAQ:SVCC) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 249,552 shares of the company’s stock, valued at approximately $2,553,000.

Separately, Gritstone Asset Management LLC bought a new stake in Stellar V Capital during the 2nd quarter worth $1,380,000.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Stellar V Capital in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Stellar V Capital Price Performance

Shares of SVCC opened at $10.35 on Friday. The firm has a market cap of $223.72 million and a P/E ratio of 79.62. Stellar V Capital Corp. has a 12 month low of $9.95 and a 12 month high of $10.40. The stock’s 50-day moving average is $10.32.

Stellar V Capital (NASDAQ:SVCC) last announced its earnings results on Wednesday, July 30th. The company reported $0.07 EPS for the quarter.

About Stellar V Capital

We are a blank check company incorporated on July 12, 2024 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. We have not selected any specific business combination target, and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.