Lineage Point Capital LP Invests $569,000 in American Exceptionalism Acquisition Corp. $AEXA

Lineage Point Capital LP bought a new position in shares of American Exceptionalism Acquisition Corp. (NYSE:AEXA) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 49,917 shares of the company’s stock, valued at approximately $569,000. Lineage Point Capital LP owned about 0.10% of American Exceptionalism Acquisition as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. purchased a new stake in American Exceptionalism Acquisition in the 3rd quarter worth $2,325,000. Alberta Investment Management Corp bought a new stake in shares of American Exceptionalism Acquisition in the third quarter worth about $12,023,000. Graham Capital Wealth Management LLC purchased a new stake in shares of American Exceptionalism Acquisition in the third quarter worth about $463,000. Highbridge Capital Management LLC purchased a new stake in shares of American Exceptionalism Acquisition in the third quarter worth about $2,323,000. Finally, MMCAP International Inc. SPC bought a new position in American Exceptionalism Acquisition during the third quarter valued at approximately $6,898,000.

American Exceptionalism Acquisition Trading Down 0.6%

Shares of NYSE:AEXA opened at $11.18 on Friday. American Exceptionalism Acquisition Corp. has a 12 month low of $10.49 and a 12 month high of $11.91. The company has a market capitalization of $552.96 million and a price-to-earnings ratio of 186.33. The firm’s 50-day moving average is $11.31 and its 200 day moving average is $11.28.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded American Exceptionalism Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday, June 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

American Exceptionalism Acquisition Profile

We are led by Chamath Palihapitiya, the founder and Managing Partner of Social Capital. Like Social Capital, the company is formed to confront the world’s hardest problems. Although these problems have evolved over the past decade, our approach remains the same—with a dedication to first principles thinking, deep technological understanding and a willingness to be contrarian to consensus. — We intend to find companies that operate in sectors that we believe will be instrumental in maintaining U.S.