Sculptor Capital LP Lowers Holdings in Artius II Acquisition Inc. $AACB

Sculptor Capital LP cut its holdings in Artius II Acquisition Inc. (NASDAQ:AACB) by 50.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 500,000 shares of the company’s stock after selling 500,000 shares during the period. Sculptor Capital LP’s holdings in Artius II Acquisition were worth $5,150,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Hudson Bay Capital Management LP bought a new stake in Artius II Acquisition in the 4th quarter worth approximately $5,665,000. Moore Capital Management LP bought a new stake in Artius II Acquisition in the 2nd quarter worth approximately $5,060,000. Mangrove Partners IM LLC bought a new stake in Artius II Acquisition in the 3rd quarter worth approximately $4,581,000. Radcliffe Capital Management L.P. increased its stake in Artius II Acquisition by 142.5% in the 3rd quarter. Radcliffe Capital Management L.P. now owns 650,000 shares of the company’s stock worth $6,598,000 after acquiring an additional 381,998 shares during the last quarter. Finally, Verition Fund Management LLC increased its stake in Artius II Acquisition by 537.0% in the 4th quarter. Verition Fund Management LLC now owns 357,357 shares of the company’s stock worth $3,681,000 after acquiring an additional 301,259 shares during the last quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Artius II Acquisition from a “sell (d-)” rating to a “sell (d)” rating in a research note on Friday, May 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Artius II Acquisition has a consensus rating of “Sell”.

Artius II Acquisition Price Performance

NASDAQ AACB opened at $10.51 on Tuesday. The business’s 50 day moving average price is $10.42 and its 200-day moving average price is $10.36. Artius II Acquisition Inc. has a fifty-two week low of $10.09 and a fifty-two week high of $10.55.

Artius II Acquisition (NASDAQ:AACB) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.01 EPS for the quarter.

Artius II Acquisition Profile

Artius II Acquisition Corp. (NASDAQ: AACB) is a blank‐check company formed in June 2020 by Artius Capital Partners. The firm’s sole purpose is to identify and complete a business combination through mergers, capital stock exchanges, asset acquisitions or similar transactions. It completed its initial public offering on the Nasdaq and its units, common shares and warrants trade under the AACB symbol.

The company is sponsored by Artius Capital Partners, a private equity and corporate finance firm based in New York with additional offices in London.