American Exceptionalism Acquisition (NYSE:AEXA) Posts Earnings Results

American Exceptionalism Acquisition (NYSE:AEXA) issued its earnings results on Friday. The company reported $0.06 EPS for the quarter, FiscalAI reports.

American Exceptionalism Acquisition Stock Performance

AEXA traded up $0.04 on Friday, reaching $10.79. The company had a trading volume of 358,713 shares, compared to its average volume of 145,040. American Exceptionalism Acquisition has a fifty-two week low of $10.49 and a fifty-two week high of $11.99. The stock has a market cap of $533.43 million, a P/E ratio of 89.88 and a beta of 0.47. The company’s fifty day moving average is $10.97 and its 200 day moving average is $11.28.

Institutional Investors Weigh In On American Exceptionalism Acquisition

Institutional investors have recently made changes to their positions in the company. Kestra Advisory Services LLC lifted its holdings in American Exceptionalism Acquisition by 9.4% during the 3rd quarter. Kestra Advisory Services LLC now owns 57,150 shares of the company’s stock worth $637,000 after purchasing an additional 4,900 shares during the last quarter. Lineage Point Capital LP grew its holdings in American Exceptionalism Acquisition by 12.4% in the 2nd quarter. Lineage Point Capital LP now owns 60,132 shares of the company’s stock valued at $711,000 after buying an additional 6,611 shares in the last quarter. DLD Asset Management LP raised its stake in American Exceptionalism Acquisition by 31.7% in the 1st quarter. DLD Asset Management LP now owns 111,841 shares of the company’s stock worth $1,211,000 after purchasing an additional 26,889 shares in the last quarter. Berkley W R Corp raised its stake in American Exceptionalism Acquisition by 7.5% in the 1st quarter. Berkley W R Corp now owns 421,159 shares of the company’s stock worth $4,561,000 after purchasing an additional 29,445 shares in the last quarter. Finally, Graham Capital Wealth Management LLC boosted its holdings in American Exceptionalism Acquisition by 18.6% in the 3rd quarter. Graham Capital Wealth Management LLC now owns 1,114,015 shares of the company’s stock valued at $12,410,000 after purchasing an additional 174,672 shares during the period.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded American Exceptionalism Acquisition from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, August 20th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock currently has an average rating of “Sell”.

About American Exceptionalism Acquisition

American Exceptionalism Acquisition is a special purpose acquisition company, or SPAC, formed to pursue a business combination with one or more operating businesses. Its primary purpose is to identify and complete a merger, acquisition, or similar transaction. Like other SPACs, the company does not have an established portfolio of products or services of its own. Its business activities are centered on evaluating potential acquisition candidates and negotiating a transaction. Information about a completed business combination, specific target industries, operating geographies, or company leadership was not available to include here.