Jefferies Financial Group Inc. purchased a new stake in shares of Cantor Equity Partners III, Inc. (NASDAQ:CAEP – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 45,372 shares of the company’s stock, valued at approximately $463,000. Jefferies Financial Group Inc. owned 0.13% of Cantor Equity Partners III at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of the business. Cannon Global Investment Management LLC lifted its position in Cantor Equity Partners III by 81.8% during the 4th quarter. Cannon Global Investment Management LLC now owns 74,000 shares of the company’s stock valued at $755,000 after acquiring an additional 33,300 shares during the period. JPMorgan Chase & Co. lifted its position in Cantor Equity Partners III by 11.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 418,112 shares of the company’s stock valued at $4,315,000 after acquiring an additional 42,185 shares during the period. FNY Investment Advisers LLC lifted its position in Cantor Equity Partners III by 43.9% during the 3rd quarter. FNY Investment Advisers LLC now owns 11,997 shares of the company’s stock valued at $123,000 after acquiring an additional 3,662 shares during the period. Meteora Capital LLC lifted its position in Cantor Equity Partners III by 13.6% during the 3rd quarter. Meteora Capital LLC now owns 1,452,283 shares of the company’s stock valued at $14,988,000 after acquiring an additional 173,709 shares during the period. Finally, Susquehanna International Group LLP purchased a new position in Cantor Equity Partners III during the 3rd quarter valued at about $290,000.
Analysts Set New Price Targets
Separately, Wall Street Zen raised shares of Cantor Equity Partners III from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Cantor Equity Partners III presently has a consensus rating of “Sell”.
Cantor Equity Partners III Stock Performance
NASDAQ:CAEP opened at $14.77 on Friday. Cantor Equity Partners III, Inc. has a fifty-two week low of $10.13 and a fifty-two week high of $15.30. The firm has a 50-day simple moving average of $11.48 and a two-hundred day simple moving average of $10.66.
Cantor Equity Partners III (NASDAQ:CAEP – Get Free Report) last released its quarterly earnings data on Monday, March 16th. The company reported $0.01 earnings per share for the quarter.
Cantor Equity Partners III Company Profile
Cantor Equity Partners III (NASDAQ: CAEP) is a special purpose acquisition company sponsored by Cantor Fitzgerald, a leading global financial services firm headquartered in New York City. Formed through an initial public offering in 2021, the company’s sole purpose is to identify, negotiate and complete a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Cantor Equity Partners III provides its management team with the capital base to pursue attractive acquisition targets in both public and private markets.
The company focuses on sectors where its sponsors and management team have deep expertise, including financial services, technology, healthcare and other growth industries.
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