Clear Street LLC Sells 95,967 Shares of Stellar V Capital Corp. $SVCC

Clear Street LLC decreased its position in Stellar V Capital Corp. (NASDAQ:SVCC) by 85.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,659 shares of the company’s stock after selling 95,967 shares during the period. Clear Street LLC’s holdings in Stellar V Capital were worth $170,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of SVCC. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Stellar V Capital in the second quarter valued at approximately $1,488,000. Mint Tower Capital Management B.V. purchased a new position in Stellar V Capital in the second quarter worth $2,044,000. Magnetar Financial LLC purchased a new position in Stellar V Capital in the second quarter worth $13,292,000. Alberta Investment Management Corp bought a new position in Stellar V Capital in the 2nd quarter valued at $5,115,000. Finally, Wolverine Asset Management LLC purchased a new stake in shares of Stellar V Capital during the 2nd quarter valued at $2,553,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Stellar V Capital in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Stellar V Capital Stock Up 0.2%

Shares of Stellar V Capital stock opened at $10.37 on Friday. The company has a market cap of $224.10 million and a PE ratio of 51.85. Stellar V Capital Corp. has a 52-week low of $9.95 and a 52-week high of $10.42. The firm has a 50-day moving average price of $10.36.

Stellar V Capital (NASDAQ:SVCC) last issued its earnings results on Monday, November 10th. The company reported $0.07 earnings per share for the quarter.

Stellar V Capital Company Profile

We are a blank check company incorporated on July 12, 2024 as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target, and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.