50,000 Shares of Texas Ventures Acquisition III Corp $TVA Bought by Lincoln Capital Corp

Lincoln Capital Corp acquired a new position in Texas Ventures Acquisition III Corp (NASDAQ:TVA) in the 3rd quarter, HoldingsChannel reports. The fund acquired 50,000 shares of the company’s stock, valued at approximately $529,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Yorkville Advisors Global LP purchased a new stake in Texas Ventures Acquisition III during the first quarter valued at about $10,910,000. SkyView Investment Advisors LLC bought a new position in Texas Ventures Acquisition III during the second quarter worth about $2,021,000. DLD Asset Management LP increased its stake in shares of Texas Ventures Acquisition III by 106.9% in the first quarter. DLD Asset Management LP now owns 197,072 shares of the company’s stock worth $2,048,000 after purchasing an additional 101,805 shares in the last quarter. Governors Lane LP increased its stake in shares of Texas Ventures Acquisition III by 11.5% in the fourth quarter. Governors Lane LP now owns 468,058 shares of the company’s stock worth $4,985,000 after purchasing an additional 48,258 shares in the last quarter. Finally, Harraden Circle Investments LLC increased its stake in shares of Texas Ventures Acquisition III by 1.7% in the second quarter. Harraden Circle Investments LLC now owns 1,001,393 shares of the company’s stock worth $10,565,000 after purchasing an additional 16,393 shares in the last quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Texas Ventures Acquisition III in a research report on Thursday, August 27th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company has an average rating of “Sell”.

Texas Ventures Acquisition III Price Performance

TVA remained flat at $10.60 during trading on Tuesday. The company had a trading volume of 674,347 shares, compared to its average volume of 127,114. Texas Ventures Acquisition III Corp has a 1-year low of $10.31 and a 1-year high of $11.86. The firm’s 50 day moving average is $10.55 and its 200-day moving average is $10.51.

Texas Ventures Acquisition III (NASDAQ:TVA) last issued its quarterly earnings results on Thursday, August 13th. The company reported $0.05 earnings per share (EPS) for the quarter.

Texas Ventures Acquisition III Company Profile

Texas Ventures Acquisition III Corp. (NASDAQ: TVA) is a special purpose acquisition company (SPAC). The company was formed to identify and complete a business combination, such as a merger, capital stock exchange, asset acquisition, or similar transaction, with an operating business.

As a blank-check company, Texas Ventures Acquisition III does not appear to have significant ongoing operating activities, products, or services of its own. Its primary objective is to seek a suitable target company and complete a transaction that would allow the target to become a publicly traded business.

Publicly available information about the company’s specific target, geographic focus, operating history, and leadership is limited.