Shares of Target Global Acquisition I Corp. (NASDAQ:TGAA – Get Free Report) shot up 0.1% during mid-day trading on Thursday . The stock traded as high as $11.23 and last traded at $11.23. 102 shares were traded during mid-day trading, a decline of 100% from the average session volume of 23,536 shares. The stock had previously closed at $11.22.
Target Global Acquisition I Price Performance
The firm’s 50 day simple moving average is $11.14 and its 200-day simple moving average is $11.06.
Hedge Funds Weigh In On Target Global Acquisition I
A number of institutional investors have recently added to or reduced their stakes in TGAA. Virtu Financial LLC bought a new stake in shares of Target Global Acquisition I in the 4th quarter valued at $202,000. Kohlberg Kravis Roberts & Co. L.P. bought a new stake in Target Global Acquisition I during the first quarter valued at approximately $248,000. UBS Group AG raised its stake in shares of Target Global Acquisition I by 2,273.8% during the second quarter. UBS Group AG now owns 26,112 shares of the company’s stock worth $259,000 after acquiring an additional 25,012 shares in the last quarter. Basso Capital Management L.P. purchased a new position in shares of Target Global Acquisition I in the first quarter worth $313,000. Finally, Radcliffe Capital Management L.P. increased its position in Target Global Acquisition I by 13.6% during the 3rd quarter. Radcliffe Capital Management L.P. now owns 32,398 shares of the company’s stock valued at $352,000 after purchasing an additional 3,868 shares during the period. 92.13% of the stock is currently owned by institutional investors and hedge funds.
About Target Global Acquisition I
Target Global Acquisition I Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on the consumer internet, mobility, and financial technology sectors.
Recommended Stories
- Five stocks we like better than Target Global Acquisition I
- What Are Growth Stocks and Investing in Them
- MarketBeat Week in Review – 4/15 – 4/19
- What Are Dividend Contenders? Investing in Dividend Contenders
- Comprehensive Analysis of PayPal Stock
- Consumer Discretionary Stocks Explained
- Intuitive Surgical Stock Can Trend Much Higher This Year
Receive News & Ratings for Target Global Acquisition I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Target Global Acquisition I and related companies with MarketBeat.com's FREE daily email newsletter.
