Clear Street Group Inc. Buys 46,709 Shares of Cantor Equity Partners III, Inc. $CAEP

Clear Street Group Inc. raised its holdings in shares of Cantor Equity Partners III, Inc. (NASDAQ:CAEP) by 132.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 81,909 shares of the company’s stock after buying an additional 46,709 shares during the period. Clear Street Group Inc. owned about 0.23% of Cantor Equity Partners III worth $835,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. FNY Investment Advisers LLC increased its holdings in Cantor Equity Partners III by 43.9% during the third quarter. FNY Investment Advisers LLC now owns 11,997 shares of the company’s stock valued at $123,000 after buying an additional 3,662 shares during the last quarter. Mercuria Capital Strategies LLC purchased a new stake in Cantor Equity Partners III during the fourth quarter valued at approximately $98,000. Parallax Volatility Advisers L.P. increased its holdings in Cantor Equity Partners III by 28.6% during the third quarter. Parallax Volatility Advisers L.P. now owns 45,000 shares of the company’s stock valued at $464,000 after buying an additional 10,000 shares during the last quarter. Gabelli Funds LLC purchased a new stake in Cantor Equity Partners III during the second quarter valued at approximately $118,000. Finally, Sandia Investment Management LP purchased a new stake in Cantor Equity Partners III during the second quarter valued at approximately $194,000.

Cantor Equity Partners III Stock Down 1.5%

Shares of CAEP stock opened at $14.77 on Tuesday. Cantor Equity Partners III, Inc. has a 12 month low of $10.13 and a 12 month high of $15.30. The company has a 50 day simple moving average of $12.47 and a two-hundred day simple moving average of $11.02.

Cantor Equity Partners III (NASDAQ:CAEP) last announced its quarterly earnings data on Monday, March 16th. The company reported $0.01 earnings per share (EPS) for the quarter.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Cantor Equity Partners III from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Cantor Equity Partners III presently has a consensus rating of “Sell”.

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.