Clear Street Group Inc. Has $1.81 Million Stock Holdings in Axiom Intelligence Acquisition Corp 1 $AXIN

Clear Street Group Inc. cut its position in Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXIN) by 49.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 180,289 shares of the company’s stock after selling 177,720 shares during the period. Clear Street Group Inc.’s holdings in Axiom Intelligence Acquisition Corp 1 were worth $1,814,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in AXIN. Westchester Capital Management LLC grew its stake in shares of Axiom Intelligence Acquisition Corp 1 by 35.0% in the 4th quarter. Westchester Capital Management LLC now owns 675,000 shares of the company’s stock valued at $6,797,000 after buying an additional 175,000 shares during the period. ABC Arbitrage SA acquired a new stake in shares of Axiom Intelligence Acquisition Corp 1 in the 4th quarter valued at about $352,000. Periscope Capital Inc. grew its stake in shares of Axiom Intelligence Acquisition Corp 1 by 3.0% in the 4th quarter. Periscope Capital Inc. now owns 386,200 shares of the company’s stock valued at $3,885,000 after buying an additional 11,200 shares during the period. Finally, Wealthspring Capital LLC lifted its position in Axiom Intelligence Acquisition Corp 1 by 0.4% in the 4th quarter. Wealthspring Capital LLC now owns 305,850 shares of the company’s stock valued at $3,077,000 after acquiring an additional 1,350 shares in the last quarter.

Axiom Intelligence Acquisition Corp 1 Stock Performance

Shares of NASDAQ AXIN opened at $10.39 on Monday. Axiom Intelligence Acquisition Corp 1 has a fifty-two week low of $9.93 and a fifty-two week high of $10.45. The company has a 50-day simple moving average of $10.24.

Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXIN) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.06 earnings per share for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Axiom Intelligence Acquisition Corp 1 from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Axiom Intelligence Acquisition Corp 1 Profile

Axiom Intelligence Acquisition Corp 1 (NASDAQ: AXIN) is a special purpose acquisition company (SPAC) listed on the NASDAQ. As a blank‑check company, its primary purpose is to raise capital through a public offering and to identify, negotiate and complete a business combination or similar transaction with one or more operating businesses. The company itself does not conduct traditional operating activities prior to a completed business combination.

Typical activities for a SPAC like Axiom Intelligence Acquisition Corp 1 include sourcing potential acquisition targets, performing due diligence, structuring a merger or acquisition, and providing a vehicle through which private companies can access public markets.