Harraden Circle Investments LLC Has $20.68 Million Stake in Cantor Equity Partners III, Inc. $CAEP

Harraden Circle Investments LLC lifted its holdings in shares of Cantor Equity Partners III, Inc. (NASDAQ:CAEP) by 46.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,004,067 shares of the company’s stock after purchasing an additional 638,082 shares during the quarter. Cantor Equity Partners III accounts for approximately 4.0% of Harraden Circle Investments LLC’s portfolio, making the stock its 10th largest position. Harraden Circle Investments LLC owned about 5.71% of Cantor Equity Partners III worth $20,682,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Waratah Capital Advisors Ltd. purchased a new position in Cantor Equity Partners III in the 2nd quarter worth approximately $106,000. Fort Baker Capital Management LP purchased a new position in Cantor Equity Partners III in the second quarter worth $106,000. Gabelli Funds LLC purchased a new position in Cantor Equity Partners III in the second quarter worth $118,000. GABELLI & Co INVESTMENT ADVISERS INC. bought a new position in Cantor Equity Partners III in the second quarter valued at $146,000. Finally, Sandia Investment Management LP purchased a new stake in Cantor Equity Partners III during the second quarter valued at about $194,000.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Cantor Equity Partners III in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Cantor Equity Partners III Trading Down 0.1%

Shares of NASDAQ:CAEP opened at $10.24 on Thursday. The company’s fifty day moving average is $10.23 and its 200 day moving average is $10.31. Cantor Equity Partners III, Inc. has a 52 week low of $10.17 and a 52 week high of $11.09.

About Cantor Equity Partners III

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.