Highbridge Capital Management LLC Acquires Shares of 710,419 Cantor Equity Partners III, Inc. $CAEP

Highbridge Capital Management LLC acquired a new stake in shares of Cantor Equity Partners III, Inc. (NASDAQ:CAEP) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 710,419 shares of the company’s stock, valued at approximately $7,246,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC boosted its holdings in Cantor Equity Partners III by 43.9% during the third quarter. FNY Investment Advisers LLC now owns 11,997 shares of the company’s stock valued at $123,000 after purchasing an additional 3,662 shares in the last quarter. Parallax Volatility Advisers L.P. boosted its holdings in Cantor Equity Partners III by 28.6% during the third quarter. Parallax Volatility Advisers L.P. now owns 45,000 shares of the company’s stock valued at $464,000 after purchasing an additional 10,000 shares in the last quarter. Gabelli Funds LLC acquired a new stake in Cantor Equity Partners III during the second quarter valued at approximately $118,000. Sandia Investment Management LP acquired a new stake in Cantor Equity Partners III during the second quarter valued at approximately $194,000. Finally, Radcliffe Capital Management L.P. boosted its holdings in Cantor Equity Partners III by 7.7% during the third quarter. Radcliffe Capital Management L.P. now owns 323,190 shares of the company’s stock valued at $3,335,000 after purchasing an additional 23,190 shares in the last quarter.

Cantor Equity Partners III Stock Down 1.5%

NASDAQ:CAEP opened at $14.77 on Friday. The stock’s fifty day moving average price is $11.93 and its two-hundred day moving average price is $10.82. Cantor Equity Partners III, Inc. has a 52-week low of $10.13 and a 52-week high of $15.30.

Cantor Equity Partners III (NASDAQ:CAEP) last posted its quarterly earnings data on Monday, March 16th. The company reported $0.01 earnings per share (EPS) for the quarter.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Cantor Equity Partners III from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

About Cantor Equity Partners III

Cantor Equity Partners III (NASDAQ: CAEP) is a special purpose acquisition company sponsored by Cantor Fitzgerald, a leading global financial services firm headquartered in New York City. Formed through an initial public offering in 2021, the company’s sole purpose is to identify, negotiate and complete a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Cantor Equity Partners III provides its management team with the capital base to pursue attractive acquisition targets in both public and private markets.

The company focuses on sectors where its sponsors and management team have deep expertise, including financial services, technology, healthcare and other growth industries.