Berkley W R Corp Acquires New Position in Churchill Capital Corp X $CCCX

Berkley W R Corp acquired a new stake in shares of Churchill Capital Corp X (NASDAQ:CCCX) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 230,512 shares of the company’s stock, valued at approximately $2,964,000.

A number of other large investors also recently bought and sold shares of CCCX. Group One Trading LLC acquired a new position in shares of Churchill Capital Corp X in the 3rd quarter worth approximately $52,000. ATW Spac Management LLC acquired a new stake in shares of Churchill Capital Corp X during the 3rd quarter valued at approximately $129,000. MGO One Seven LLC bought a new position in Churchill Capital Corp X during the third quarter worth $129,000. Pekin Hardy Strauss Inc. acquired a new position in Churchill Capital Corp X in the third quarter worth $356,000. Finally, Cookson Peirce & Co. Inc. acquired a new position in Churchill Capital Corp X in the third quarter worth $386,000.

Churchill Capital Corp X Price Performance

NASDAQ:CCCX opened at $13.66 on Friday. The company’s 50 day moving average is $14.90. Churchill Capital Corp X has a 52 week low of $10.03 and a 52 week high of $27.50.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Churchill Capital Corp X in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Churchill Capital Corp X Profile

Churchill Capital Corp X (NASDAQ: CCCX) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to raise capital through an initial public offering for the purpose of effecting one or more business combinations. As a SPAC, it initially holds the proceeds from its public offering in a trust account while management and the sponsor identify and negotiate a potential merger, acquisition, or other qualifying business combination that would result in the acquired company becoming publicly listed.

The company’s primary activities are sourcing, evaluating and completing a business combination with a target company.