Lineage Point Capital LP acquired a new position in Quantum Leap Acquisition Corp (NYSE:QLEP – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 650,000 shares of the company’s stock, valued at approximately $6,454,000. Quantum Leap Acquisition comprises 1.3% of Lineage Point Capital LP’s investment portfolio, making the stock its 13th largest holding.
Quantum Leap Acquisition Trading Up 0.2%
NYSE QLEP opened at $10.02 on Friday. The company’s 50-day moving average price is $9.99. Quantum Leap Acquisition Corp has a twelve month low of $9.93 and a twelve month high of $10.10.
Analysts Set New Price Targets
Separately, Wall Street Zen raised shares of Quantum Leap Acquisition to a “hold” rating in a research note on Saturday, June 27th.
Quantum Leap Acquisition Company Profile
Quantum Leap Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Quantum Leap Acquisition Corp. is based in Menlo Park, California.
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