Linden Advisors LP Takes Position in Cantor Equity Partners III, Inc. $CAEP

Linden Advisors LP purchased a new position in shares of Cantor Equity Partners III, Inc. (NASDAQ:CAEP) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 500,000 shares of the company’s stock, valued at approximately $5,275,000. Linden Advisors LP owned about 1.64% of Cantor Equity Partners III as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. FNY Investment Advisers LLC acquired a new stake in Cantor Equity Partners III during the second quarter valued at approximately $87,000. Waratah Capital Advisors Ltd. bought a new stake in shares of Cantor Equity Partners III in the 2nd quarter valued at approximately $106,000. Timelo Investment Management Inc. bought a new stake in shares of Cantor Equity Partners III in the 2nd quarter valued at approximately $106,000. Fort Baker Capital Management LP acquired a new stake in shares of Cantor Equity Partners III during the 2nd quarter valued at approximately $106,000. Finally, Gabelli Funds LLC bought a new position in Cantor Equity Partners III during the second quarter worth $118,000.

Cantor Equity Partners III Stock Performance

Shares of NASDAQ CAEP opened at $10.20 on Friday. Cantor Equity Partners III, Inc. has a 12-month low of $10.17 and a 12-month high of $11.09. The business has a 50 day moving average of $10.41.

Cantor Equity Partners III (NASDAQ:CAEP) last issued its quarterly earnings data on Friday, November 14th. The company reported $0.08 EPS for the quarter.

Wall Street Analysts Forecast Growth

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

About Cantor Equity Partners III

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.