Cantor Equity Partners III, Inc. $CAEP Position Boosted by Sculptor Capital LP

Sculptor Capital LP grew its holdings in shares of Cantor Equity Partners III, Inc. (NASDAQ:CAEP) by 650.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 750,000 shares of the company’s stock after purchasing an additional 650,000 shares during the period. Sculptor Capital LP owned approximately 2.14% of Cantor Equity Partners III worth $7,650,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Mercuria Capital Strategies LLC acquired a new position in shares of Cantor Equity Partners III in the fourth quarter worth about $98,000. Gabelli Funds LLC acquired a new position in shares of Cantor Equity Partners III in the second quarter worth about $118,000. FNY Investment Advisers LLC boosted its holdings in shares of Cantor Equity Partners III by 43.9% in the third quarter. FNY Investment Advisers LLC now owns 11,997 shares of the company’s stock worth $123,000 after buying an additional 3,662 shares during the period. Sandia Investment Management LP acquired a new position in shares of Cantor Equity Partners III in the second quarter worth about $194,000. Finally, L1 Global Manager Pty Ltd acquired a new position in shares of Cantor Equity Partners III in the fourth quarter worth about $255,000.

Cantor Equity Partners III Stock Down 1.5%

Shares of CAEP opened at $14.77 on Tuesday. The company’s 50 day moving average price is $12.47 and its 200 day moving average price is $11.02. Cantor Equity Partners III, Inc. has a 52 week low of $10.13 and a 52 week high of $15.30.

Cantor Equity Partners III (NASDAQ:CAEP) last posted its earnings results on Monday, March 16th. The company reported $0.01 earnings per share (EPS) for the quarter.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of Cantor Equity Partners III from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Cantor Equity Partners III presently has a consensus rating of “Sell”.

Cantor Equity Partners III Profile

Cantor Equity Partners III (NASDAQ: CAEP) is a special purpose acquisition company sponsored by Cantor Fitzgerald, a leading global financial services firm headquartered in New York City. Formed through an initial public offering in 2021, the company’s sole purpose is to identify, negotiate and complete a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Cantor Equity Partners III provides its management team with the capital base to pursue attractive acquisition targets in both public and private markets.

The company focuses on sectors where its sponsors and management team have deep expertise, including financial services, technology, healthcare and other growth industries.