American Exceptionalism Acquisition Corp. $AEXA Stock Holdings Reduced by Polar Asset Management Partners Inc.

Polar Asset Management Partners Inc. reduced its position in American Exceptionalism Acquisition Corp. (NYSE:AEXA) by 67.5% during the 1st quarter, HoldingsChannel.com reports. The firm owned 129,924 shares of the company’s stock after selling 270,076 shares during the quarter. Polar Asset Management Partners Inc.’s holdings in American Exceptionalism Acquisition were worth $1,407,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Moore Capital Management LP lifted its holdings in shares of American Exceptionalism Acquisition by 9.1% during the 4th quarter. Moore Capital Management LP now owns 1,200,000 shares of the company’s stock valued at $13,668,000 after buying an additional 100,000 shares during the last quarter. AQR Arbitrage LLC bought a new position in shares of American Exceptionalism Acquisition during the 3rd quarter valued at $10,930,000. Philosophy Capital Management LLC acquired a new stake in shares of American Exceptionalism Acquisition in the 3rd quarter valued at $10,930,000. ExodusPoint Capital Management LP boosted its holdings in American Exceptionalism Acquisition by 270.0% in the fourth quarter. ExodusPoint Capital Management LP now owns 925,000 shares of the company’s stock worth $10,536,000 after purchasing an additional 675,000 shares in the last quarter. Finally, Governors Lane LP increased its position in American Exceptionalism Acquisition by 93.0% during the fourth quarter. Governors Lane LP now owns 903,563 shares of the company’s stock worth $10,292,000 after buying an additional 435,463 shares during the last quarter.

American Exceptionalism Acquisition Price Performance

Shares of AEXA opened at $11.53 on Tuesday. The company has a market capitalization of $570.27 million and a PE ratio of 192.17. American Exceptionalism Acquisition Corp. has a one year low of $10.49 and a one year high of $11.99. The company’s fifty day moving average price is $11.52 and its 200 day moving average price is $11.37.

Analysts Set New Price Targets

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 research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus 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.