SkyView Investment Advisors LLC Takes $515,000 Position in Cohen Circle Acquisition Corp. II $CCII

SkyView Investment Advisors LLC acquired a new position in Cohen Circle Acquisition Corp. II (NASDAQ:CCII) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 50,000 shares of the company’s stock, valued at approximately $515,000.

Several other institutional investors have also added to or reduced their stakes in CCII. Readystate Asset Management LP acquired a new stake in Cohen Circle Acquisition Corp. II during the 2nd quarter valued at approximately $259,000. L1 Global Manager Pty Ltd acquired a new stake in shares of Cohen Circle Acquisition Corp. II during the fourth quarter worth $512,000. Lineage Point Capital LP bought a new position in Cohen Circle Acquisition Corp. II during the fourth quarter worth $717,000. Governors Lane LP raised its stake in Cohen Circle Acquisition Corp. II by 9.7% during the fourth quarter. Governors Lane LP now owns 329,018 shares of the company’s stock worth $3,369,000 after buying an additional 29,018 shares during the last quarter. Finally, Sona Asset Management US LLC acquired a new position in Cohen Circle Acquisition Corp. II in the first quarter valued at $3,577,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded Cohen Circle Acquisition Corp. II from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, September 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Cohen Circle Acquisition Corp. II has an average rating of “Sell”.

Cohen Circle Acquisition Corp. II Price Performance

CCII stock opened at $10.31 on Tuesday. The company’s 50-day moving average is $10.33 and its 200-day moving average is $10.29. Cohen Circle Acquisition Corp. II has a 1 year low of $10.09 and a 1 year high of $10.50.

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) last released its quarterly earnings data on Tuesday, August 11th. The company reported $0.06 EPS for the quarter.

Cohen Circle Acquisition Corp. II Company Profile

Cohen Circle Acquisition Corp. II is a blank-check company, also known as a special purpose acquisition company (SPAC). It was formed to identify and combine with one or more businesses through a merger, acquisition, stock purchase, recapitalization, reorganization or similar transaction.

The company does not currently operate a commercial business or offer products and services to customers. Its activities are focused on evaluating potential acquisition targets and completing an initial business combination.