AQR Arbitrage LLC Sells 444,087 Shares of Cantor Equity Partners, Inc. $CEPO

AQR Arbitrage LLC lowered its stake in shares of Cantor Equity Partners, Inc. (NASDAQ:CEPO) by 37.0% in the second quarter, Holdings Channel.com reports. The firm owned 755,913 shares of the company’s stock after selling 444,087 shares during the period. AQR Arbitrage LLC’s holdings in Cantor Equity Partners were worth $8,995,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of CEPO. Jane Street Group LLC purchased a new position in shares of Cantor Equity Partners in the 2nd quarter worth approximately $3,859,000. Harraden Circle Investments LLC increased its holdings in Cantor Equity Partners by 21.8% during the second quarter. Harraden Circle Investments LLC now owns 2,298,679 shares of the company’s stock worth $27,354,000 after buying an additional 412,079 shares during the last quarter. Qube Research & Technologies Ltd bought a new stake in Cantor Equity Partners in the second quarter worth about $155,000. Marshall Wace LLP purchased a new position in Cantor Equity Partners in the second quarter valued at about $953,000. Finally, DLD Asset Management LP bought a new position in shares of Cantor Equity Partners during the 2nd quarter valued at approximately $924,000.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Cantor Equity Partners in a report on Tuesday, October 14th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Cantor Equity Partners presently has a consensus rating of “Sell”.

Cantor Equity Partners Stock Performance

Shares of NASDAQ:CEPO opened at $10.55 on Friday. The firm has a market capitalization of $269.03 million and a PE ratio of 62.06. Cantor Equity Partners, Inc. has a 52-week low of $10.04 and a 52-week high of $16.50. The firm has a fifty day moving average of $10.46 and a 200 day moving average of $11.04.

Cantor Equity Partners (NASDAQ:CEPO) last issued its quarterly earnings results on Friday, November 14th. The company reported $0.05 EPS for the quarter.

Insider Buying and Selling

In other news, major shareholder Harraden Circle Investments, L sold 250,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $10.43, for a total value of $2,607,500.00. Following the completion of the transaction, the insider owned 2,048,679 shares in the company, valued at $21,367,721.97. This trade represents a 10.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Cantor Equity Partners Profile

Cantor Equity Partners I, Inc is a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on November 11, 2020 and is headquartered in New York, NY.