Wolverine Asset Management LLC Acquires 776,860 Shares of K&F GROWTH ACQUISITION CORP. II $KFII

Wolverine Asset Management LLC boosted its holdings in K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) by 188.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,189,395 shares of the company’s stock after acquiring an additional 776,860 shares during the quarter. Wolverine Asset Management LLC’s holdings in K&F GROWTH ACQUISITION CORP. II were worth $12,150,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Hudson Bay Capital Management LP boosted its stake in shares of K&F GROWTH ACQUISITION CORP. II by 2.0% in the 2nd quarter. Hudson Bay Capital Management LP now owns 1,257,080 shares of the company’s stock valued at $12,797,000 after purchasing an additional 25,000 shares in the last quarter. Sculptor Capital LP bought a new position in K&F GROWTH ACQUISITION CORP. II in the 2nd quarter valued at approximately $10,180,000. Radcliffe Capital Management L.P. acquired a new stake in K&F GROWTH ACQUISITION CORP. II in the second quarter valued at approximately $3,556,000. Moore Capital Management LP bought a new stake in shares of K&F GROWTH ACQUISITION CORP. II during the second quarter worth $5,090,000. Finally, Berkley W R Corp grew its stake in shares of K&F GROWTH ACQUISITION CORP. II by 63.7% during the second quarter. Berkley W R Corp now owns 975,455 shares of the company’s stock worth $9,930,000 after buying an additional 379,695 shares during the last quarter.

K&F GROWTH ACQUISITION CORP. II Stock Performance

KFII opened at $10.33 on Friday. K&F GROWTH ACQUISITION CORP. II has a fifty-two week low of $9.90 and a fifty-two week high of $10.50. The stock’s 50 day simple moving average is $10.31.

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) last issued its quarterly earnings results on Wednesday, November 12th. The company reported $0.08 EPS for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of K&F GROWTH ACQUISITION CORP. II in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

About K&F GROWTH ACQUISITION CORP. II

K&F Growth Acquisition Corp. II is a Delaware-incorporated special purpose acquisition company (SPAC) that completed its initial public offering in late 2021. As a blank-check vehicle, the company was formed for the purpose of identifying and consummating a business combination with one or more operating businesses, thereby taking a target company public. It holds the proceeds of its IPO in a trust account pending the completion of a merger, share exchange, asset acquisition, stock purchase, recapitalization or similar business combination.

The sponsor of K&F Growth Acquisition Corp.