Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) Trading Up 1.5% – Still a Buy?

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC)’s stock price traded up 1.5% on Friday . The company traded as high as $11.82 and last traded at $11.61. 266,348 shares were traded during trading, an increase of 23% from the average session volume of 216,344 shares. The stock had previously closed at $11.44.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in a research note on Wednesday, October 8th. DA Davidson initiated coverage on shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in a report on Tuesday, October 7th. They issued a “buy” rating and a $15.00 price objective for the company. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $15.00.

Willow Lane Acquisition Corp. – Class A Ordinary Shares Stock Up 1.5%

The firm has a 50 day simple moving average of $12.32 and a 200 day simple moving average of $11.12.

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) last announced its quarterly earnings results on Wednesday, November 12th. The company reported $0.05 earnings per share for the quarter.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Clear Street Group Inc. purchased a new position in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares during the 3rd quarter valued at $85,000. Clear Street LLC grew its position in Willow Lane Acquisition Corp. – Class A Ordinary Shares by 108.0% during the second quarter. Clear Street LLC now owns 10,405 shares of the company’s stock worth $106,000 after buying an additional 5,403 shares in the last quarter. JPMorgan Chase & Co. bought a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the 3rd quarter worth about $172,000. Virtu Financial LLC bought a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the 1st quarter worth about $273,000. Finally, Radcliffe Capital Management L.P. purchased a new stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in the 2nd quarter valued at about $294,000.

Willow Lane Acquisition Corp. – Class A Ordinary Shares Company Profile

Willow Lane Acquisition Corp. is a blank check company, which engages for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on July 3, 2024 and is headquartered in New York, NY.