Gritstone Asset Management LLC Invests $546,000 in American Exceptionalism Acquisition Corp. $AEXA

Gritstone Asset Management LLC acquired a new stake in American Exceptionalism Acquisition Corp. (NYSE:AEXA) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 50,000 shares of the company’s stock, valued at approximately $546,000. Gritstone Asset Management LLC owned 0.12% of American Exceptionalism Acquisition at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in AEXA. Syquant Capital Sas bought a new position in American Exceptionalism Acquisition during the third quarter valued at about $1,366,000. Calamos Advisors LLC bought a new position in shares of American Exceptionalism Acquisition during the 3rd quarter valued at approximately $689,000. Finally, Deltec Asset Management LLC purchased a new stake in shares of American Exceptionalism Acquisition during the 3rd quarter worth approximately $219,000.

American Exceptionalism Acquisition Stock Performance

Shares of AEXA stock opened at $11.59 on Friday. The company’s 50 day simple moving average is $11.31. American Exceptionalism Acquisition Corp. has a 12 month low of $10.49 and a 12 month high of $11.91.

Wall Street Analyst Weigh In

AEXA has been the topic of several research analyst reports. Wall Street Zen upgraded American Exceptionalism Acquisition to a “hold” rating in a research note on Monday, October 6th. Weiss Ratings reaffirmed a “sell (e)” rating on shares of American Exceptionalism Acquisition in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

American Exceptionalism Acquisition Company Profile

We are led by Chamath Palihapitiya, the founder and Managing Partner of Social Capital. Like Social Capital, the company is formed to confront the world’s hardest problems. Although these problems have evolved over the past decade, our approach remains the same—with a dedication to first principles thinking, deep technological understanding and a willingness to be contrarian to consensus. — We intend to find companies that operate in sectors that we believe will be instrumental in maintaining U.S.