Wolverine Asset Management LLC purchased a new position in GigInternational1, Inc. (NASDAQ:GIW – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 386,643 shares of the company’s stock, valued at approximately $3,824,000. Wolverine Asset Management LLC owned approximately 1.43% of GigInternational1 at the end of the most recent quarter.
Separately, Gritstone Asset Management LLC purchased a new position in GigInternational1 during the 4th quarter valued at about $494,000. 14.01% of the stock is owned by institutional investors.
GigInternational1 Price Performance
NASDAQ:GIW opened at $10.02 on Tuesday. GigInternational1, Inc. has a fifty-two week low of $9.87 and a fifty-two week high of $10.05. The stock’s 50-day moving average is $9.99 and its two-hundred day moving average is $9.97.
Wall Street Analyst Weigh In
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About GigInternational1
GigInternational1, Inc, does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to focus its search on companies in the technology, media, telecommunications, aerospace and defense, and mobility and semiconductor industries. The company was incorporated in 2021 and is based in Palo Alto, California.
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