Picton Mahoney Asset Management Has $366,000 Stake in Cantor Equity Partners, Inc. $CEPO

Picton Mahoney Asset Management reduced its position in Cantor Equity Partners, Inc. (NASDAQ:CEPO) by 76.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,000 shares of the company’s stock after selling 115,000 shares during the period. Picton Mahoney Asset Management’s holdings in Cantor Equity Partners were worth $366,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Whalen Wealth Management Inc. acquired a new stake in Cantor Equity Partners in the 3rd quarter valued at $140,000. Qube Research & Technologies Ltd acquired a new position in Cantor Equity Partners during the second quarter worth $155,000. Penserra Capital Management LLC acquired a new position in Cantor Equity Partners during the second quarter worth $219,000. Pekin Hardy Strauss Inc. bought a new position in shares of Cantor Equity Partners in the second quarter valued at $232,000. Finally, JPMorgan Chase & Co. bought a new position in shares of Cantor Equity Partners in the second quarter valued at $295,000.

Cantor Equity Partners Stock Up 0.2%

CEPO stock opened at $10.50 on Friday. The firm has a market capitalization of $267.75 million, a PE ratio of 61.76 and a beta of -0.23. Cantor Equity Partners, Inc. has a twelve month low of $10.09 and a twelve month high of $16.50. The stock’s 50 day moving average is $10.45 and its 200-day moving average is $10.45.

Cantor Equity Partners (NASDAQ:CEPO) last announced its earnings results on Friday, February 27th. The company reported ($0.44) earnings per share (EPS) for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Cantor Equity Partners in a report on Friday, January 9th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Cantor Equity Partners Company Profile

Cantor Equity Partners, Inc is a special purpose acquisition company (SPAC) incorporated in Delaware and listed on the NASDAQ under the ticker CEPO. As a blank‐check entity, Cantor Equity Partners seeks to raise capital through an IPO and use the proceeds to effect a merger, share exchange, asset acquisition or similar business combination with one or more target companies. The company does not engage in commercial operations of its own until it completes a qualifying transaction.

The firm’s sponsor, Cantor Equity Opportunities Sponsor, LLC, is an affiliate of Cantor Fitzgerald, L.P., a well-established global financial services firm known for its capital markets, investment banking and brokerage activities.