Wealthspring Capital LLC Sells 224,028 Shares of Cantor Equity Partners, Inc. $CEPO

Wealthspring Capital LLC decreased its holdings in shares of Cantor Equity Partners, Inc. (NASDAQ:CEPO) by 73.9% in the third quarter, Holdings Channel reports. The firm owned 78,952 shares of the company’s stock after selling 224,028 shares during the quarter. Wealthspring Capital LLC’s holdings in Cantor Equity Partners were worth $826,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in CEPO. Harraden Circle Investments LLC grew its stake in shares of Cantor Equity Partners by 21.8% in the 2nd quarter. Harraden Circle Investments LLC now owns 2,298,679 shares of the company’s stock valued at $27,354,000 after purchasing an additional 412,079 shares during the period. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new stake in Cantor Equity Partners in the 1st quarter valued at $12,991,000. AQR Arbitrage LLC bought a new stake in Cantor Equity Partners in the first quarter valued at $12,294,000. HGC Investment Management Inc. acquired a new position in Cantor Equity Partners during the first quarter worth $10,245,000. Finally, Linden Advisors LP bought a new position in shares of Cantor Equity Partners during the first quarter valued at $6,147,000.

Insider Transactions at Cantor Equity Partners

In related news, major shareholder Harraden Circle Investments, L sold 250,000 shares of the firm’s stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $10.43, for a total value of $2,607,500.00. Following the transaction, the insider owned 2,048,679 shares in the company, valued at $21,367,721.97. This trade represents a 10.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Cantor Equity Partners Stock Down 0.3%

Cantor Equity Partners stock opened at $10.41 on Wednesday. Cantor Equity Partners, Inc. has a 12-month low of $10.04 and a 12-month high of $16.50. The stock has a 50-day simple moving average of $10.45 and a 200 day simple moving average of $10.94. The stock has a market capitalization of $265.46 million and a price-to-earnings ratio of 61.24.

Cantor Equity Partners (NASDAQ:CEPO) last issued its quarterly earnings results on Friday, November 14th. The company reported $0.05 earnings per share for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Cantor Equity Partners in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

About Cantor Equity Partners

Cantor Equity Partners, Inc is a special purpose acquisition company (SPAC) incorporated in Delaware and listed on the NASDAQ under the ticker CEPO. As a blank‐check entity, Cantor Equity Partners seeks to raise capital through an IPO and use the proceeds to effect a merger, share exchange, asset acquisition or similar business combination with one or more target companies. The company does not engage in commercial operations of its own until it completes a qualifying transaction.

The firm’s sponsor, Cantor Equity Opportunities Sponsor, LLC, is an affiliate of Cantor Fitzgerald, L.P., a well-established global financial services firm known for its capital markets, investment banking and brokerage activities.