SilverBox Corp IV $SBXD Shares Acquired by Berkley W R Corp

Berkley W R Corp increased its holdings in SilverBox Corp IV (NYSE:SBXD) by 184.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 171,191 shares of the company’s stock after acquiring an additional 110,952 shares during the quarter. Berkley W R Corp’s holdings in SilverBox Corp IV were worth $1,792,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Wolverine Asset Management LLC boosted its stake in SilverBox Corp IV by 1,163.0% during the 3rd quarter. Wolverine Asset Management LLC now owns 672,612 shares of the company’s stock worth $7,042,000 after purchasing an additional 619,358 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in SilverBox Corp IV by 200.0% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 600,000 shares of the company’s stock worth $6,361,000 after purchasing an additional 400,000 shares during the last quarter. Mangrove Partners IM LLC acquired a new position in SilverBox Corp IV in the third quarter valued at $1,640,000. Radcliffe Capital Management L.P. purchased a new stake in shares of SilverBox Corp IV in the second quarter valued at about $1,699,000. Finally, Federated Hermes Inc. purchased a new stake in shares of SilverBox Corp IV in the second quarter valued at about $1,081,000.

SilverBox Corp IV Trading Down 0.0%

NYSE:SBXD opened at $10.67 on Friday. SilverBox Corp IV has a 12-month low of $10.16 and a 12-month high of $11.64. The stock’s 50 day simple moving average is $10.64 and its 200-day simple moving average is $10.56. The firm has a market cap of $271.48 million, a P/E ratio of 62.74 and a beta of 0.10.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of SilverBox Corp IV in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, SilverBox Corp IV currently has an average rating of “Sell”.

SilverBox Corp IV Company Profile

SilverBox Corp IV is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering and to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a blank-check vehicle, the company does not engage in any commercial operations until it completes its business combination.

The company was organized under the laws of the State of Delaware and is sponsored by SilverBox Capital Partners, a private investment firm that focuses on partnering with founder-led companies across technology, healthcare, consumer and business services sectors.