Cohen Circle Acquisition Corp. II $CCII Stock: Context Capital Management LLC Reduces Stake

Context Capital Management LLC decreased its position in shares of Cohen Circle Acquisition Corp. II (NASDAQ:CCII) by 11.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 400,000 shares of the company’s stock after selling 50,000 shares during the period. Context Capital Management LLC’s holdings in Cohen Circle Acquisition Corp. II were worth $4,120,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Readystate Asset Management LP bought a new stake in shares of Cohen Circle Acquisition Corp. II during the second quarter valued at approximately $259,000. SkyView Investment Advisors LLC bought a new position in Cohen Circle Acquisition Corp. II in the 2nd quarter valued at approximately $515,000. Finally, Sona Asset Management US LLC bought a new position in Cohen Circle Acquisition Corp. II in the 1st quarter valued at approximately $3,577,000.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Weiss Ratings upgraded Cohen Circle Acquisition Corp. II from a “sell (d-)” rating to a “sell (d)” rating in a research note on Tuesday, September 1st. Wall Street Zen upgraded Cohen Circle Acquisition Corp. II to a “hold” rating in a research note on Saturday, October 24th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock has an average rating of “Sell”.

Cohen Circle Acquisition Corp. II Trading Up 0.0%

Shares of CCII stock opened at $10.38 on Wednesday. The company has a 50 day moving average price of $10.31 and a 200-day moving average price of $10.30. Cohen Circle Acquisition Corp. II has a 52 week low of $10.11 and a 52 week high of $10.50.

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) last released its quarterly earnings data on Tuesday, November 10th. The company reported $0.06 earnings per share for the quarter.

Cohen Circle Acquisition Corp. II Company Profile

Cohen Circle Acquisition Corp. II (NASDAQ: CCII) is a special purpose acquisition company, or SPAC. The company was formed to identify and complete a business combination with one or more private businesses, which may include a merger, acquisition, share exchange, or similar transaction. As a SPAC, Cohen Circle Acquisition Corp. II does not currently operate a commercial business or offer products and services of its own. Its principal activities involve evaluating potential target companies, conducting due diligence, and seeking approval for a proposed transaction.