Wealthspring Capital LLC bought a new position in shares of Aldel Financial II Inc. (NASDAQ:ALDF – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 712,513 shares of the company’s stock, valued at approximately $7,717,000. Aldel Financial II makes up about 1.7% of Wealthspring Capital LLC’s holdings, making the stock its 11th biggest holding.
Separately, Sona Asset Management US LLC bought a new position in shares of Aldel Financial II in the first quarter valued at approximately $591,000.
Analysts Set New Price Targets
Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Aldel Financial II in a research report on Wednesday, October 21st. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company has an average rating of “Sell”.
Check Out Our Latest Research Report on ALDF
Aldel Financial II Price Performance
Shares of NASDAQ:ALDF opened at $10.75 on Monday. The company’s 50-day moving average is $10.83 and its 200 day moving average is $10.69. Aldel Financial II Inc. has a fifty-two week low of $10.48 and a fifty-two week high of $10.98.
Aldel Financial II (NASDAQ:ALDF – Get Free Report) last posted its quarterly earnings results on Tuesday, November 3rd. The company reported $0.06 earnings per share for the quarter.
About Aldel Financial II
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