Meteora Capital LLC Buys New Shares in Cantor Equity Partners III, Inc. $CAEP

Meteora Capital LLC purchased a new position in shares of Cantor Equity Partners III, Inc. (NASDAQ:CAEPFree Report) in the second quarter, HoldingsChannel reports. The fund purchased 1,278,574 shares of the company’s stock, valued at approximately $13,489,000. Cantor Equity Partners III comprises 2.6% of Meteora Capital LLC’s portfolio, making the stock its 11th biggest holding.

Other large investors have also added to or reduced their stakes in the company. Tuttle Capital Management LLC acquired a new position in shares of Cantor Equity Partners III in the second quarter valued at about $316,000. Cannon Global Investment Management LLC purchased a new stake in Cantor Equity Partners III in the second quarter valued at approximately $127,000. FNY Investment Advisers LLC purchased a new stake in Cantor Equity Partners III in the second quarter valued at approximately $87,000. Wolverine Asset Management LLC acquired a new position in Cantor Equity Partners III in the 2nd quarter worth approximately $1,213,000. Finally, Timelo Investment Management Inc. purchased a new position in Cantor Equity Partners III during the 2nd quarter worth approximately $106,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Cantor Equity Partners III in a report on Monday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

Read Our Latest Stock Analysis on CAEP

Cantor Equity Partners III Stock Performance

Shares of CAEP opened at $10.19 on Friday. Cantor Equity Partners III, Inc. has a 52 week low of $10.17 and a 52 week high of $11.09. The business has a 50-day moving average of $10.41.

Cantor Equity Partners III (NASDAQ:CAEPGet Free Report) last announced its quarterly earnings results on Friday, November 14th. The company reported $0.08 earnings per share (EPS) for the quarter.

Cantor Equity Partners III Profile

(Free Report)

We are a blank check company incorporated on November 11, 2020 as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.

See Also

Want to see what other hedge funds are holding CAEP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cantor Equity Partners III, Inc. (NASDAQ:CAEPFree Report).

Institutional Ownership by Quarter for Cantor Equity Partners III (NASDAQ:CAEP)

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