Live Oak Acquisition (NASDAQ:LOKV) Upgraded at Zacks Research

Live Oak Acquisition (NASDAQ:LOKV) was upgraded by equities researchers at Zacks Research to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Other research analysts have also issued reports about the stock. Weiss Ratings initiated coverage on shares of Live Oak Acquisition in a research note on Friday, May 8th. They issued a “sell (d-)” rating on the stock. Compass Point initiated coverage on shares of Live Oak Acquisition in a research note on Monday, May 11th. They issued a “buy” rating and a $13.50 target price on the stock. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Live Oak Acquisition presently has a consensus rating of “Hold” and a consensus target price of $13.50.

Live Oak Acquisition Stock Up 0.4%

LOKV opened at $10.56 on Wednesday. Live Oak Acquisition has a 1-year low of $9.88 and a 1-year high of $11.67.

Live Oak Acquisition (NASDAQ:LOKV) last released its earnings results on Monday, March 30th. The company reported ($0.57) earnings per share for the quarter. The business had revenue of ($12.99) million for the quarter. Analysts predict that Live Oak Acquisition will post -19.51 earnings per share for the current fiscal year.

Institutional Trading of Live Oak Acquisition

A hedge fund recently raised its stake in Live Oak Acquisition stock. Berkley W R Corp increased its position in shares of Live Oak Acquisition (NASDAQ:LOKV) by 71.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 647,661 shares of the company’s stock after buying an additional 270,469 shares during the quarter. Berkley W R Corp owned about 2.59% of Live Oak Acquisition worth $6,736,000 at the end of the most recent reporting period.

About Live Oak Acquisition

We are a blank check company incorporated on November 27, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, 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. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.