Aristeia Capital L.L.C. purchased a new position in Apex Technology Acquisition Co. (NASDAQ:APXT – Free Report) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 550,000 shares of the company’s stock, valued at approximately $5,440,000.
Several other institutional investors have also recently made changes to their positions in the stock. Bulldog Investors LLP bought a new position in shares of Apex Technology Acquisition during the 4th quarter valued at approximately $425,000. Gritstone Asset Management LLC bought a new position in shares of Apex Technology Acquisition in the fourth quarter worth approximately $494,000. Schonfeld Strategic Advisors LLC purchased a new stake in shares of Apex Technology Acquisition in the fourth quarter worth $494,000. Sculptor Capital LP purchased a new stake in shares of Apex Technology Acquisition in the fourth quarter worth $522,000. Finally, Mint Tower Capital Management B.V. bought a new stake in shares of Apex Technology Acquisition during the 4th quarter valued at $989,000. Institutional investors own 6.01% of the company’s stock.
Analysts Set New Price Targets
Separately, Weiss Ratings initiated coverage on shares of Apex Technology Acquisition in a research note on Tuesday, May 26th. They set a “sell (e+)” rating on the stock. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.
Apex Technology Acquisition Price Performance
Shares of APXT opened at $10.05 on Thursday. The business’s 50 day moving average is $10.01 and its 200 day moving average is $9.96. Apex Technology Acquisition Co. has a 12-month low of $9.87 and a 12-month high of $10.06.
Apex Technology Acquisition (NASDAQ:APXT – Get Free Report) last posted its quarterly earnings results on Thursday, March 26th. The company reported $0.09 earnings per share for the quarter.
Apex Technology Acquisition 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.
Further Reading
- Five stocks we like better than Apex Technology Acquisition
- Cheap Thrills: Why These 3 Entertainment Stocks Are Soaring
- CoreWeave Insider Sales Look Big, But Should Investors Worry?
- Critical Metals: Sizing Up This Tiny Rare-Earth Stock Making Big Moves
- Meta and Cloud Computing: Real Potential, or a Shot in the Dark?
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.
