Wealthspring Capital LLC lessened its position in shares of NewHold Investment Corp IV (NASDAQ:NHIV – Free Report) by 9.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 521,656 shares of the company’s stock after selling 53,393 shares during the period. NewHold Investment Corp IV comprises 1.2% of Wealthspring Capital LLC’s holdings, making the stock its 24th largest position. Wealthspring Capital LLC owned approximately 2.51% of NewHold Investment Corp IV worth $5,243,000 as of its most recent filing with the Securities and Exchange Commission.
Separately, Moore Capital Management LP bought a new stake in shares of NewHold Investment Corp IV in the second quarter valued at about $7,000,000.
NewHold Investment Corp IV Price Performance
NewHold Investment Corp IV stock opened at $9.97 on Monday. The business’s 50-day simple moving average is $10.10. NewHold Investment Corp IV has a one year low of $9.80 and a one year high of $11.50.
Analysts Set New Price Targets
Separately, Weiss Ratings initiated coverage on NewHold Investment Corp IV in a research report on Tuesday, September 1st. They issued a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, NewHold Investment Corp IV currently has a consensus rating of “Sell”.
Check Out Our Latest Analysis on NHIV
NewHold Investment Corp IV Company Profile
NewHold Investment Corp IV (NASDAQ: NHIV) is a special purpose acquisition company (SPAC) formed to identify and complete a merger, acquisition, or similar business combination with one or more operating companies.
As a blank-check company, NewHold Investment Corp IV does not operate a traditional business and does not offer products or services to customers. Its activities are primarily focused on evaluating potential acquisition targets and pursuing a transaction that could result in a combined operating company.
Publicly available information about the company’s target industry, geographic focus, completed transactions, and leadership is limited.
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