Agriculture & Natural Solutions Acquisition (NASDAQ:ANSC) Shares Up 0.2% – Still a Buy?

Agriculture & Natural Solutions Acquisition Corporation (NASDAQ:ANSC) was up 0.2% on Wednesday . The company traded as high as $11.15 and last traded at $11.15. Approximately 49,505 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 96,142 shares. The stock had previously closed at $11.13.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Agriculture & Natural Solutions Acquisition in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Agriculture & Natural Solutions Acquisition Stock Up 0.2%

The company’s 50 day simple moving average is $11.07 and its 200 day simple moving average is $10.94.

Agriculture & Natural Solutions Acquisition (NASDAQ:ANSC) last posted its quarterly earnings data on Wednesday, November 12th. The company reported $0.08 earnings per share (EPS) for the quarter.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Berkley W R Corp boosted its holdings in shares of Agriculture & Natural Solutions Acquisition by 100.6% in the 2nd quarter. Berkley W R Corp now owns 3,248,953 shares of the company’s stock valued at $35,251,000 after purchasing an additional 1,629,432 shares during the last quarter. Alberta Investment Management Corp purchased a new position in shares of Agriculture & Natural Solutions Acquisition in the 2nd quarter worth $13,020,000. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new position in shares of Agriculture & Natural Solutions Acquisition in the 2nd quarter worth $10,850,000. Fort Baker Capital Management LP acquired a new position in Agriculture & Natural Solutions Acquisition in the third quarter valued at $10,222,000. Finally, Wealthspring Capital LLC grew its position in Agriculture & Natural Solutions Acquisition by 252.2% during the second quarter. Wealthspring Capital LLC now owns 978,512 shares of the company’s stock valued at $10,617,000 after acquiring an additional 700,691 shares during the period. Institutional investors and hedge funds own 38.75% of the company’s stock.

About Agriculture & Natural Solutions Acquisition

Agriculture & Natural Solutions Acquisition Corp. operates as a blank check company. It was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded in 2021 and is headquartered in New York, NY.