Highbridge Capital Management LLC Acquires New Holdings in Cantor Equity Partners II Inc. $CEPT

Highbridge Capital Management LLC acquired a new stake in shares of Cantor Equity Partners II Inc. (NASDAQ:CEPT) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,321,945 shares of the company’s stock, valued at approximately $14,885,000. Highbridge Capital Management LLC owned approximately 4.32% of Cantor Equity Partners II as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. FNY Investment Advisers LLC raised its position in Cantor Equity Partners II by 518.7% during the fourth quarter. FNY Investment Advisers LLC now owns 193,852 shares of the company’s stock valued at $2,182,000 after acquiring an additional 162,520 shares in the last quarter. JPMorgan Chase & Co. raised its position in Cantor Equity Partners II by 0.7% during the third quarter. JPMorgan Chase & Co. now owns 150,772 shares of the company’s stock valued at $1,591,000 after acquiring an additional 1,004 shares in the last quarter. Meteora Capital LLC raised its position in Cantor Equity Partners II by 15.8% during the third quarter. Meteora Capital LLC now owns 1,289,164 shares of the company’s stock valued at $13,549,000 after acquiring an additional 176,079 shares in the last quarter. Verition Fund Management LLC raised its position in Cantor Equity Partners II by 8.3% during the third quarter. Verition Fund Management LLC now owns 162,434 shares of the company’s stock valued at $1,714,000 after acquiring an additional 12,434 shares in the last quarter. Finally, Prelude Capital Management LLC bought a new position in Cantor Equity Partners II during the third quarter valued at approximately $238,000.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Benchmark assumed coverage on shares of Cantor Equity Partners II in a research report on Tuesday, March 31st. They set a “buy” rating and a $16.00 price objective on the stock. Weiss Ratings raised shares of Cantor Equity Partners II from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $16.00.

Cantor Equity Partners II Stock Down 3.8%

NASDAQ:CEPT opened at $12.14 on Friday. Cantor Equity Partners II Inc. has a 12 month low of $10.32 and a 12 month high of $14.05. The firm has a market cap of $371.24 million and a price-to-earnings ratio of -110.36. The company’s 50 day moving average is $11.78 and its 200-day moving average is $11.46.

Cantor Equity Partners II (NASDAQ:CEPT) last released its quarterly earnings results on Friday, May 8th. The company reported $0.08 EPS for the quarter. The firm had revenue of $3.88 million during the quarter.

About Cantor Equity Partners II

Cantor Equity Partners II (NASDAQ: CEPT) is a closed-end management investment company that focuses on providing customized capital solutions to private, middle-market companies in the United States. Listed on the Nasdaq, CEPT seeks to deliver attractive risk-adjusted returns by investing across a spectrum of debt and equity instruments. Its portfolio may include senior secured loans, subordinated and mezzanine debt, preferred equity, and common equity, allowing it to tailor financing structures to meet the specific growth, acquisition or recapitalization needs of its portfolio companies.

As a business development company registered under the Investment Company Act of 1940, CEPT targets U.S.