Radcliffe Capital Management L.P. lifted its holdings in Stellar V Capital Corp. (NASDAQ:SVCC – Free Report) by 84.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 213,002 shares of the company’s stock after purchasing an additional 97,687 shares during the period. Radcliffe Capital Management L.P.’s holdings in Stellar V Capital were worth $2,208,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Verition Fund Management LLC increased its stake in Stellar V Capital by 26.5% in the 4th quarter. Verition Fund Management LLC now owns 202,411 shares of the company’s stock valued at $2,098,000 after buying an additional 42,394 shares during the last quarter. Clear Street Group Inc. boosted its stake in shares of Stellar V Capital by 5,916.0% during the 4th quarter. Clear Street Group Inc. now owns 117,853 shares of the company’s stock worth $1,222,000 after buying an additional 115,894 shares during the last quarter. L1 Global Manager Pty Ltd bought a new position in shares of Stellar V Capital in the 4th quarter valued at about $2,850,000. Jain Global LLC grew its holdings in shares of Stellar V Capital by 46.9% in the 3rd quarter. Jain Global LLC now owns 324,658 shares of the company’s stock valued at $3,344,000 after acquiring an additional 103,600 shares in the last quarter. Finally, MMCAP International Inc. SPC acquired a new stake in shares of Stellar V Capital in the third quarter valued at about $2,884,000.
Stellar V Capital Trading Up 0.2%
NASDAQ SVCC opened at $10.57 on Wednesday. The firm has a market capitalization of $228.42 million, a P/E ratio of 40.66 and a beta of 0.03. The firm’s fifty day moving average price is $10.51 and its two-hundred day moving average price is $10.44. Stellar V Capital Corp. has a 1 year low of $10.18 and a 1 year high of $10.57.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Stellar V Capital in a report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.
Read Our Latest Report on Stellar V Capital
Stellar V Capital Company Profile
We are a blank check company incorporated on July 12, 2024 as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target, and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.
Recommended Stories
- Five stocks we like better than Stellar V Capital
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
Want to see what other hedge funds are holding SVCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Stellar V Capital Corp. (NASDAQ:SVCC – Free Report).
Receive News & Ratings for Stellar V Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stellar V Capital and related companies with MarketBeat.com's FREE daily email newsletter.
