Governors Lane LP bought a new stake in Cantor Equity Partners V Inc. (NASDAQ:CEPV – Free Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 971,470 shares of the company’s stock, valued at approximately $9,958,000.
Several other hedge funds have also recently made changes to their positions in the company. Boothbay Fund Management LLC bought a new stake in shares of Cantor Equity Partners V in the fourth quarter valued at $128,000. Aristeia Capital L.L.C. bought a new stake in shares of Cantor Equity Partners V in the fourth quarter valued at $5,367,000. AQR Arbitrage LLC bought a new stake in shares of Cantor Equity Partners V in the fourth quarter valued at $2,629,000. Schonfeld Strategic Advisors LLC bought a new stake in shares of Cantor Equity Partners V in the fourth quarter valued at $404,000. Finally, Polar Asset Management Partners Inc. bought a new stake in shares of Cantor Equity Partners V in the fourth quarter valued at $8,200,000.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings upgraded Cantor Equity Partners V from a “sell (e)” rating to a “sell (e+)” rating in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.
Cantor Equity Partners V Stock Performance
Shares of CEPV opened at $10.32 on Thursday. The stock’s 50-day simple moving average is $10.24 and its 200 day simple moving average is $10.21. The stock has a market capitalization of $328.10 million and a price-to-earnings ratio of 147.44. Cantor Equity Partners V Inc. has a 52-week low of $10.06 and a 52-week high of $10.36.
Cantor Equity Partners V (NASDAQ:CEPV – Get Free Report) last issued its quarterly earnings data on Tuesday, March 31st. The company reported $0.14 earnings per share (EPS) for the quarter.
About Cantor Equity Partners V
Cantor Equity Partners V (NASDAQ: CEPV) is a special purpose acquisition company (SPAC) formed to raise capital through a public offering and complete a business combination with one or more operating companies. Like other SPACs, its primary purpose is to identify and acquire a privately held company, enabling that business to become publicly listed through a merger rather than a traditional initial public offering.
The company’s core activities include managing the proceeds from its IPO held in a trust account, conducting diligence on potential target companies, negotiating a definitive business combination agreement, and seeking shareholder approval for transactions.
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Want to see what other hedge funds are holding CEPV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cantor Equity Partners V Inc. (NASDAQ:CEPV – Free Report).
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