Haymaker Acquisition Corp. 4 (NYSE:HYAC) Announces Quarterly Earnings Results

Haymaker Acquisition Corp. 4 (NYSE:HYAC) released its quarterly earnings data on Monday. The company reported ($0.27) earnings per share for the quarter, reports. The business had revenue of $2.47 million for the quarter.

Haymaker Acquisition Corp. 4 Price Performance

Shares of NYSE:HYAC opened at $11.16 on Wednesday. The business has a 50-day simple moving average of $11.45 and a two-hundred day simple moving average of $11.38. Haymaker Acquisition Corp. 4 has a fifty-two week low of $10.22 and a fifty-two week high of $12.54.

Institutional Investors Weigh In On Haymaker Acquisition Corp. 4

Several institutional investors have recently made changes to their positions in HYAC. Berkley W R Corp increased its stake in Haymaker Acquisition Corp. 4 by 16.9% in the 4th quarter. Berkley W R Corp now owns 1,964,207 shares of the company’s stock worth $22,353,000 after buying an additional 284,195 shares during the period. Wolverine Asset Management LLC increased its stake in shares of Haymaker Acquisition Corp. 4 by 1.2% during the fourth quarter. Wolverine Asset Management LLC now owns 1,459,677 shares of the company’s stock valued at $16,611,000 after buying an additional 17,245 shares during the period. Radcliffe Capital Management L.P. raised its holdings in shares of Haymaker Acquisition Corp. 4 by 665.5% in the third quarter. Radcliffe Capital Management L.P. now owns 76,631 shares of the company’s stock valued at $869,000 after acquiring an additional 66,620 shares in the last quarter. Finally, JPMorgan Chase & Co. purchased a new stake in Haymaker Acquisition Corp. 4 in the second quarter worth about $1,110,000. Institutional investors own 71.07% of the company’s stock.

Analyst Upgrades and Downgrades

HYAC has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of Haymaker Acquisition Corp. 4 in a report on Friday. Zacks Research upgraded shares of Haymaker Acquisition Corp. 4 to a “hold” rating in a report on Thursday, March 5th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Haymaker Acquisition Corp. 4 has a consensus rating of “Reduce”.

About Haymaker Acquisition Corp. 4

Haymaker Acquisition Corp. 4, launched in 2021, is a special purpose acquisition company incorporated in Delaware. The company’s sole purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It is listed on the New York Stock Exchange under the ticker symbol HYAC.

The sponsor of the company is Haymaker Capital Investments, a US-based investment management firm that focuses on equity investments across a range of industries.