Sculptor Capital LP trimmed its stake in D. Boral ARC Acquisition I Corp. (NASDAQ:BCAR – Free Report) by 33.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 500,000 shares of the company’s stock after selling 250,000 shares during the period. Sculptor Capital LP’s holdings in D. Boral ARC Acquisition I were worth $5,060,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the stock. Radcliffe Capital Management L.P. lifted its holdings in D. Boral ARC Acquisition I by 20.7% during the 4th quarter. Radcliffe Capital Management L.P. now owns 549,672 shares of the company’s stock worth $5,513,000 after buying an additional 94,323 shares during the period. Wolverine Asset Management LLC increased its stake in shares of D. Boral ARC Acquisition I by 33.5% in the fourth quarter. Wolverine Asset Management LLC now owns 1,134,863 shares of the company’s stock valued at $11,383,000 after buying an additional 284,863 shares during the period. DLD Asset Management LP raised its position in shares of D. Boral ARC Acquisition I by 200.0% during the first quarter. DLD Asset Management LP now owns 400,000 shares of the company’s stock worth $4,048,000 after acquiring an additional 266,667 shares during the last quarter. Magnetar Financial LLC bought a new position in shares of D. Boral ARC Acquisition I during the fourth quarter worth about $4,764,000. Finally, HighTower Advisors LLC acquired a new position in shares of D. Boral ARC Acquisition I in the fourth quarter worth approximately $1,694,000. 4.33% of the stock is owned by institutional investors.
D. Boral ARC Acquisition I Price Performance
Shares of D. Boral ARC Acquisition I stock opened at $10.35 on Monday. The company has a 50-day moving average price of $10.57. D. Boral ARC Acquisition I Corp. has a one year low of $9.88 and a one year high of $11.17.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of D. Boral ARC Acquisition I in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, D. Boral ARC Acquisition I currently has a consensus rating of “Sell”.
Read Our Latest Research Report on D. Boral ARC Acquisition I
D. Boral ARC Acquisition I Profile
D. Boral ARC Acquisition I (NASDAQ: BCAR) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to raise capital through a public offering and to effect a merger, share exchange, asset acquisition or similar business combination with one or more operating businesses. As a SPAC, its primary activity is identifying and negotiating a business combination rather than conducting commercial operations itself.
Publicly available disclosures do not identify a confirmed target company, a specific industry focus or detailed information about the company’s leadership and sponsors in widely accessible sources.
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