Linden Advisors LP Cuts Stock Position in Cantor Equity Partners, Inc. $CEPO

Linden Advisors LP cut its holdings in shares of Cantor Equity Partners, Inc. (NASDAQ:CEPO) by 27.6% during the third quarter, Holdings Channel.com reports. The fund owned 434,241 shares of the company’s stock after selling 165,759 shares during the period. Linden Advisors LP’s holdings in Cantor Equity Partners were worth $4,542,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Millennium Management LLC bought a new position in shares of Cantor Equity Partners in the first quarter worth about $4,085,000. JPMorgan Chase & Co. bought a new stake in Cantor Equity Partners during the 2nd quarter valued at approximately $295,000. Graham Capital Wealth Management LLC lifted its holdings in Cantor Equity Partners by 229.1% in the 2nd quarter. Graham Capital Wealth Management LLC now owns 134,224 shares of the company’s stock worth $1,597,000 after purchasing an additional 93,437 shares in the last quarter. Jefferies Financial Group Inc. bought a new position in Cantor Equity Partners in the 2nd quarter worth approximately $696,000. Finally, DLD Asset Management LP bought a new position in Cantor Equity Partners in the 2nd quarter worth approximately $924,000.

Analyst Ratings Changes

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

Cantor Equity Partners Stock Up 0.2%

Shares of CEPO stock opened at $10.50 on Tuesday. The company’s fifty day simple moving average is $10.46 and its two-hundred day simple moving average is $10.45. Cantor Equity Partners, Inc. has a 52 week low of $10.12 and a 52 week high of $16.50. The stock has a market cap of $267.75 million, a P/E ratio of 61.76 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) earnings per share for the quarter.

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.