Ursa Fund Management LLC Invests $1.30 Million in Screaming Eagle Acquisition Corp. (NASDAQ:SCRM)

Ursa Fund Management LLC bought a new stake in Screaming Eagle Acquisition Corp. (NASDAQ:SCRM) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 122,500 shares of the company’s stock, valued at approximately $1,298,000. Screaming Eagle Acquisition makes up approximately 2.3% of Ursa Fund Management LLC’s holdings, making the stock its 10th biggest holding. Ursa Fund Management LLC owned approximately 0.13% of Screaming Eagle Acquisition at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of SCRM. Westchester Capital Management LLC lifted its position in Screaming Eagle Acquisition by 35.1% in the 3rd quarter. Westchester Capital Management LLC now owns 5,025,580 shares of the company’s stock valued at $52,568,000 after acquiring an additional 1,304,403 shares in the last quarter. Aristeia Capital LLC raised its stake in Screaming Eagle Acquisition by 16.0% in the third quarter. Aristeia Capital LLC now owns 6,969,273 shares of the company’s stock valued at $72,899,000 after buying an additional 962,946 shares during the period. Cowen AND Company LLC boosted its stake in shares of Screaming Eagle Acquisition by 71.3% during the 3rd quarter. Cowen AND Company LLC now owns 1,217,211 shares of the company’s stock worth $12,732,000 after acquiring an additional 506,693 shares during the period. Schechter Investment Advisors LLC raised its stake in Screaming Eagle Acquisition by 13.7% in the 3rd quarter. Schechter Investment Advisors LLC now owns 2,964,676 shares of the company’s stock valued at $31,011,000 after acquiring an additional 357,562 shares during the period. Finally, Nomura Holdings Inc. lifted its holdings in Screaming Eagle Acquisition by 46.4% during the 3rd quarter. Nomura Holdings Inc. now owns 833,634 shares of the company’s stock valued at $8,720,000 after purchasing an additional 264,050 shares during the last quarter. 73.98% of the stock is currently owned by institutional investors and hedge funds.

Screaming Eagle Acquisition Price Performance

Shares of NASDAQ:SCRM traded up $0.01 on Wednesday, hitting $10.78. The company had a trading volume of 35,904 shares, compared to its average volume of 807,898. The stock has a 50 day moving average price of $10.69 and a 200 day moving average price of $10.61. Screaming Eagle Acquisition Corp. has a 1-year low of $10.06 and a 1-year high of $11.07.

Insider Buying and Selling at Screaming Eagle Acquisition

In other Screaming Eagle Acquisition news, major shareholder Alberta Investment Management sold 1,250,000 shares of the company’s stock in a transaction on Friday, April 19th. The stock was sold at an average price of $10.78, for a total value of $13,475,000.00. Following the transaction, the insider now directly owns 1,325,000 shares of the company’s stock, valued at approximately $14,283,500. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other Screaming Eagle Acquisition news, major shareholder Alberta Investment Management sold 1,250,000 shares of the firm’s stock in a transaction dated Friday, April 19th. The shares were sold at an average price of $10.78, for a total value of $13,475,000.00. Following the transaction, the insider now directly owns 1,325,000 shares of the company’s stock, valued at approximately $14,283,500. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Flow State Investments, L.P. sold 500,000 shares of the company’s stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of $10.76, for a total transaction of $5,380,000.00. Following the sale, the insider now directly owns 1,591,821 shares of the company’s stock, valued at approximately $17,127,993.96. The disclosure for this sale can be found here.

Screaming Eagle Acquisition Profile

Screaming Eagle Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.