Lineage Point Capital LP Buys New Position in SPACSphere Acquisition Corp. $SSAC

Lineage Point Capital LP purchased a new position in shares of SPACSphere Acquisition Corp. (NASDAQ:SSACFree Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 763,000 shares of the company’s stock, valued at approximately $7,615,000. SPACSphere Acquisition makes up approximately 1.6% of Lineage Point Capital LP’s holdings, making the stock its 7th biggest holding.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of SPACSphere Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

View Our Latest Report on SPACSphere Acquisition

SPACSphere Acquisition Stock Up 0.1%

NASDAQ:SSAC opened at $10.10 on Friday. SPACSphere Acquisition Corp. has a 52 week low of $9.85 and a 52 week high of $10.10. The company has a 50-day moving average price of $10.04.

SPACSphere Acquisition Profile

(Free Report)

SPACSphere Acquisition Corp is a blank check company.

Further Reading

Want to see what other hedge funds are holding SSAC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPACSphere Acquisition Corp. (NASDAQ:SSACFree Report).

Receive News & Ratings for SPACSphere Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPACSphere Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.