BCK Capital Management LP Acquires 267,468 Shares of Cantor Equity Partners, Inc. $CEPO

BCK Capital Management LP boosted its holdings in shares of Cantor Equity Partners, Inc. (NASDAQ:CEPO) by 221.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 388,000 shares of the company’s stock after buying an additional 267,468 shares during the period. Cantor Equity Partners makes up about 17.8% of BCK Capital Management LP’s portfolio, making the stock its 4th largest position. BCK Capital Management LP owned approximately 1.52% of Cantor Equity Partners worth $4,039,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Hudson Bay Capital Management LP purchased a new stake in shares of Cantor Equity Partners in the third quarter valued at about $52,300,000. Pantera Capital Partners LP purchased a new stake in shares of Cantor Equity Partners in the third quarter valued at about $15,690,000. Millennium Management LLC purchased a new stake in shares of Cantor Equity Partners in the first quarter valued at about $4,085,000. Jane Street Group LLC purchased a new stake in shares of Cantor Equity Partners in the second quarter valued at about $3,859,000. Finally, Meteora Capital LLC raised its holdings in shares of Cantor Equity Partners by 179.5% in the third quarter. Meteora Capital LLC now owns 301,844 shares of the company’s stock valued at $3,157,000 after purchasing an additional 193,840 shares during the last quarter.

Cantor Equity Partners Price Performance

CEPO opened at $10.60 on Friday. The stock has a market cap of $270.30 million, a price-to-earnings ratio of -22.55 and a beta of -0.09. Cantor Equity Partners, Inc. has a twelve month low of $10.27 and a twelve month high of $16.50. The company’s 50-day moving average price is $10.58 and its two-hundred day moving average price is $10.49.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Wall Street Zen upgraded shares of Cantor Equity Partners from a “strong sell” rating to a “sell” rating in a report on Saturday, May 9th. Weiss Ratings upgraded shares of Cantor Equity Partners from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, May 14th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Cantor Equity Partners presently has a consensus rating of “Sell”.

Cantor Equity Partners Company Profile

Cantor Equity Partners, Inc is a special purpose acquisition company (SPAC) incorporated in Delaware and listed on the NASDAQ under the ticker CEPO. As a blank‐check entity, Cantor Equity Partners seeks to raise capital through an IPO and use the proceeds to effect a merger, share exchange, asset acquisition or similar business combination with one or more target companies. The company does not engage in commercial operations of its own until it completes a qualifying transaction.

The firm’s sponsor, Cantor Equity Opportunities Sponsor, LLC, is an affiliate of Cantor Fitzgerald, L.P., a well-established global financial services firm known for its capital markets, investment banking and brokerage activities.