Keystone Financial Group Inc. Takes $51,000 Position in GSR III Acquisition Corp. – Ordinary Shares $GSRT

Keystone Financial Group Inc. purchased a new stake in GSR III Acquisition Corp. – Ordinary Shares (NASDAQ:GSRT) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 4,570 shares of the company’s stock, valued at approximately $51,000.

Several other large investors have also modified their holdings of GSRT. Mizuho Securities USA LLC acquired a new position in shares of GSR III Acquisition Corp. – Ordinary Shares in the 1st quarter valued at $514,000. Virtu Financial LLC acquired a new position in shares of GSR III Acquisition Corp. – Ordinary Shares in the 1st quarter valued at $621,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of GSR III Acquisition Corp. – Ordinary Shares in the 1st quarter valued at $651,000. Picton Mahoney Asset Management acquired a new position in shares of GSR III Acquisition Corp. – Ordinary Shares in the 1st quarter valued at $5,005,000. Finally, Context Capital Management LLC acquired a new position in shares of GSR III Acquisition Corp. – Ordinary Shares in the 1st quarter valued at $5,005,000.

GSR III Acquisition Corp. – Ordinary Shares Price Performance

GSRT opened at $10.27 on Friday. The stock’s 50-day moving average price is $10.42 and its 200 day moving average price is $10.45. GSR III Acquisition Corp. – Ordinary Shares has a 12-month low of $8.82 and a 12-month high of $11.49.

Wall Street Analysts Forecast Growth

GSRT has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of GSR III Acquisition Corp. – Ordinary Shares in a research note on Saturday, September 27th. Benchmark started coverage on GSR III Acquisition Corp. – Ordinary Shares in a research note on Tuesday, August 12th. They set a “buy” rating and a $19.00 target price on the stock. Finally, Roth Capital started coverage on GSR III Acquisition Corp. – Ordinary Shares in a research note on Tuesday, September 23rd. They set a “buy” rating and a $20.00 target price on the stock. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, GSR III Acquisition Corp. – Ordinary Shares presently has a consensus rating of “Hold” and a consensus price target of $19.50.

GSR III Acquisition Corp. – Ordinary Shares Company Profile

GSR III Acquisition Corp engages in the merger, share exchange, asset acquisition, share purchase or reorganization with one or more businesses. The company was founded on May 10, 2023 and is headquartered in Austin, Texas.