Periscope Capital Inc. acquired a new position in Apex Technology Acquisition Co. (NASDAQ:APXT – Free Report) in the fourth quarter, Holdings Channel reports. The fund acquired 450,000 shares of the company’s stock, valued at approximately $4,450,000.
Other large investors also recently bought and sold shares of the company. Gritstone Asset Management LLC bought a new position in Apex Technology Acquisition in the fourth quarter worth approximately $494,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in Apex Technology Acquisition in the fourth quarter worth approximately $3,956,000. Wolverine Asset Management LLC bought a new position in Apex Technology Acquisition in the fourth quarter worth approximately $11,246,000. Finally, HighTower Advisors LLC bought a new position in Apex Technology Acquisition in the fourth quarter worth approximately $11,272,000. Institutional investors own 6.01% of the company’s stock.
Wall Street Analyst Weigh In
Separately, Weiss Ratings started coverage on shares of Apex Technology Acquisition in a research note on Tuesday. They issued a “sell (e+)” rating for the company. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.
Apex Technology Acquisition Price Performance
Shares of NASDAQ:APXT opened at $10.05 on Friday. Apex Technology Acquisition Co. has a 52 week low of $9.87 and a 52 week high of $10.05. The firm has a 50 day moving average of $9.99 and a 200 day moving average of $10.07.
Apex Technology Acquisition (NASDAQ:APXT – Get Free Report) last issued its quarterly earnings results on Thursday, March 26th. The company reported $0.09 earnings per share (EPS) for the quarter.
Apex Technology Acquisition Company Profile
Apex Technology Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the software and internet technology industries. The company was incorporated in 2019 and is based in Burlingame, California. Apex Technology Acquisition Corporation is a subsidiary of Apex Technology Sponsor LLC.
Recommended Stories
- Five stocks we like better than Apex Technology Acquisition
- Costco’s Strong Quarter Still Leaves Investors With a Valuation Problem
- These 3 Software Stocks Are Buying Back Shares Hand Over Fist
- Gap Inc. Cuts Sales Outlook After Q1 Miss, Shares Drop 17%
- MongoDB’s AI Advantage Is Starting to Show Up in Results
Want to see what other hedge funds are holding APXT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apex Technology Acquisition Co. (NASDAQ:APXT – Free Report).
Receive News & Ratings for Apex Technology Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apex Technology Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
