Cartesian Growth Corp III (NASDAQ:CGCT) Shares Up 4% – Time to Buy?

Posted by Latisha Jones on Sep 5th, 2026

Shares of Cartesian Growth Corp III (NASDAQ:CGCT – Get Free Report) were up 4% on Thursday . The company traded as high as $5.00 and last traded at $4.95. Approximately 253,671 shares traded hands during trading, a decline of 11% from the average daily volume of 284,359 shares. The stock had previously closed at $4.76.

Cartesian Growth Corp III Stock Performance

The stock has a market cap of $179.75 million and a P/E ratio of 21.71. The firm has a 50-day moving average price of $6.40 and a 200-day moving average price of $9.51.

Hedge Funds Weigh In On Cartesian Growth Corp III

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Evercore Wealth Management LLC purchased a new stake in shares of Cartesian Growth Corp III in the 4th quarter worth about $104,000. PenderFund Capital Management Ltd. purchased a new position in Cartesian Growth Corp III during the 4th quarter valued at about $234,000. Readystate Asset Management LP bought a new stake in Cartesian Growth Corp III during the fourth quarter worth about $257,000. Marex Group plc bought a new stake in Cartesian Growth Corp III during the fourth quarter worth about $309,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Cartesian Growth Corp III in the fourth quarter worth about $1,030,000.

About Cartesian Growth Corp III

(Get Free Report)

Cartesian Growth Corp III (NASDAQ: CGCT) is a special purpose acquisition company (SPAC), commonly referred to as a blank-check company, that is listed on the Nasdaq stock exchange. As a SPAC, Cartesian Growth Corp III was formed to raise capital through an initial public offering with the objective of identifying, negotiating and completing one or more business combinations or acquisitions. The company itself does not operate an ongoing commercial business prior to completing a business combination.

The company’s principal activities center on sourcing potential acquisition targets, conducting due diligence, arranging transaction financing and completing a business combination that would result in an operating public company.