Wealthspring Capital LLC Reduces Stock Holdings in Cantor Equity Partners II Inc. $CEPT

Wealthspring Capital LLC reduced its stake in shares of Cantor Equity Partners II Inc. (NASDAQ:CEPT) by 71.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 113,966 shares of the company’s stock after selling 280,134 shares during the quarter. Wealthspring Capital LLC owned 0.37% of Cantor Equity Partners II worth $1,283,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Clear Street Group Inc. acquired a new stake in Cantor Equity Partners II during the 3rd quarter valued at approximately $119,000. Hunting Hill Global Capital LLC grew its stake in Cantor Equity Partners II by 9.0% during the 3rd quarter. Hunting Hill Global Capital LLC now owns 18,105 shares of the company’s stock valued at $190,000 after purchasing an additional 1,500 shares in the last quarter. Gabelli Funds LLC acquired a new stake in Cantor Equity Partners II during the 2nd quarter valued at approximately $238,000. Prelude Capital Management LLC acquired a new stake in Cantor Equity Partners II during the 3rd quarter valued at approximately $238,000. Finally, Qube Research & Technologies Ltd acquired a new position in shares of Cantor Equity Partners II in the 2nd quarter worth approximately $278,000.

Wall Street Analyst Weigh In

CEPT has been the subject of several research reports. Benchmark initiated coverage on Cantor Equity Partners II in a research report on Tuesday, March 31st. They issued a “buy” rating and a $16.00 target price for the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Cantor Equity Partners II in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Cantor Equity Partners II currently has an average rating of “Hold” and an average price target of $16.00.

Cantor Equity Partners II Trading Up 1.1%

Shares of CEPT opened at $12.31 on Thursday. The firm has a market cap of $376.44 million and a price-to-earnings ratio of -64.79. The stock has a 50 day moving average of $11.18 and a 200-day moving average of $11.32. Cantor Equity Partners II Inc. has a 52 week low of $10.32 and a 52 week high of $13.74.

Cantor Equity Partners II (NASDAQ:CEPT) last released its quarterly earnings data on Friday, May 8th. The company reported $0.08 earnings per share (EPS) for the quarter. The company had revenue of $3.88 million for the quarter.

Cantor Equity Partners II Profile

Cantor Equity Partners II (NASDAQ: CEPT) is a closed-end management investment company that focuses on providing customized capital solutions to private, middle-market companies in the United States. Listed on the Nasdaq, CEPT seeks to deliver attractive risk-adjusted returns by investing across a spectrum of debt and equity instruments. Its portfolio may include senior secured loans, subordinated and mezzanine debt, preferred equity, and common equity, allowing it to tailor financing structures to meet the specific growth, acquisition or recapitalization needs of its portfolio companies.

As a business development company registered under the Investment Company Act of 1940, CEPT targets U.S.