Context Capital Management LLC Acquires New Holdings in Apex Technology Acquisition Co. $APXT

Context Capital Management LLC acquired a new stake in shares of Apex Technology Acquisition Co. (NASDAQ:APXT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 149,800 shares of the company’s stock, valued at approximately $1,482,000. Context Capital Management LLC owned 0.34% of Apex Technology Acquisition as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Bulldog Investors LLP purchased a new position in Apex Technology Acquisition in the fourth quarter worth $425,000. Gritstone Asset Management LLC purchased a new position in Apex Technology Acquisition in the fourth quarter worth $494,000. Mint Tower Capital Management B.V. purchased a new position in Apex Technology Acquisition in the fourth quarter worth $989,000. DLD Asset Management LP purchased a new position in Apex Technology Acquisition in the fourth quarter worth $1,638,000. Finally, StoneX Group Inc. purchased a new position in Apex Technology Acquisition in the fourth quarter worth $2,196,000. 6.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings began coverage on shares of Apex Technology Acquisition in a research note on Tuesday, May 26th. They set a “sell (e+)” rating for the company. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Apex Technology Acquisition Trading Down 0.1%

NASDAQ:APXT opened at $10.03 on Friday. Apex Technology Acquisition Co. has a 12 month low of $9.87 and a 12 month high of $10.06. The firm has a fifty day simple moving average of $10.01 and a 200-day simple moving average of $9.95.

Apex Technology Acquisition (NASDAQ:APXT) last posted its quarterly earnings data on Thursday, March 26th. The company reported $0.09 EPS for the quarter.

About Apex Technology Acquisition

Apex Technology Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the software and internet technology industries. The company was incorporated in 2019 and is based in Burlingame, California. Apex Technology Acquisition Corporation is a subsidiary of Apex Technology Sponsor LLC.