D. Boral ARC Acquisition I Corp. $BCAR Shares Acquired by FNY Investment Advisers LLC

FNY Investment Advisers LLC lifted its position in shares of D. Boral ARC Acquisition I Corp. (NASDAQ:BCAR) by 218.6% in the 2nd quarter, Holdings Channel.com reports. The firm owned 288,889 shares of the company’s stock after purchasing an additional 198,218 shares during the period. D. Boral ARC Acquisition I comprises about 1.1% of FNY Investment Advisers LLC’s holdings, making the stock its 14th largest position. FNY Investment Advisers LLC’s holdings in D. Boral ARC Acquisition I were worth $3,013,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wolverine Asset Management LLC increased its holdings in D. Boral ARC Acquisition I by 33.5% in the fourth quarter. Wolverine Asset Management LLC now owns 1,134,863 shares of the company’s stock valued at $11,383,000 after buying an additional 284,863 shares during the last quarter. ABC Arbitrage SA purchased a new stake in D. Boral ARC Acquisition I during the 4th quarter worth about $351,000. HighTower Advisors LLC purchased a new stake in D. Boral ARC Acquisition I during the 4th quarter worth about $1,694,000. Picton Mahoney Asset Management acquired a new position in shares of D. Boral ARC Acquisition I during the 4th quarter worth about $2,758,000. Finally, StoneX Group Inc. increased its holdings in shares of D. Boral ARC Acquisition I by 4.5% in the 4th quarter. StoneX Group Inc. now owns 78,393 shares of the company’s stock valued at $786,000 after acquiring an additional 3,393 shares during the last quarter. Institutional investors and hedge funds own 4.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut D. Boral ARC Acquisition I from a “sell (e+)” rating to a “sell (e)” rating in a research note on Tuesday, July 28th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

D. Boral ARC Acquisition I Stock Performance

Shares of D. Boral ARC Acquisition I stock opened at $4.75 on Friday. The firm has a fifty day simple moving average of $9.57. D. Boral ARC Acquisition I Corp. has a 12 month low of $4.00 and a 12 month high of $11.17.

D. Boral ARC Acquisition I (NASDAQ:BCAR) last issued its quarterly earnings results on Friday, May 15th. The company reported $0.07 earnings per share for the quarter.

D. Boral ARC Acquisition I Company Profile

D. Boral ARC Acquisition I (NASDAQ: BCAR) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to raise capital through a public offering and to effect a merger, share exchange, asset acquisition or similar business combination with one or more operating businesses. As a SPAC, its primary activity is identifying and negotiating a business combination rather than conducting commercial operations itself.

Publicly available disclosures do not identify a confirmed target company, a specific industry focus or detailed information about the company’s leadership and sponsors in widely accessible sources.