Aristeia Capital L.L.C. bought a new stake in shares of Andretti Acquisition Corp. II (NASDAQ:POLE – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 248,959 shares of the company’s stock, valued at approximately $2,617,000. Aristeia Capital L.L.C. owned approximately 0.84% of Andretti Acquisition Corp. II as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently modified their holdings of POLE. FNY Investment Advisers LLC purchased a new position in shares of Andretti Acquisition Corp. II during the 4th quarter valued at $41,000. HRT Financial LP bought a new position in Andretti Acquisition Corp. II during the 4th quarter valued at about $113,000. Clear Street Group Inc. bought a new position in Andretti Acquisition Corp. II during the 3rd quarter valued at about $149,000. Geode Capital Management LLC bought a new position in Andretti Acquisition Corp. II during the 4th quarter valued at about $207,000. Finally, Sandia Investment Management LP bought a new position in Andretti Acquisition Corp. II during the 2nd quarter valued at about $415,000.
Andretti Acquisition Corp. II Price Performance
NASDAQ:POLE opened at $10.74 on Thursday. Andretti Acquisition Corp. II has a 52 week low of $10.36 and a 52 week high of $10.90. The firm has a 50 day moving average of $10.71 and a 200 day moving average of $10.62.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Andretti Acquisition Corp. II in a research report on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.
View Our Latest Research Report on Andretti Acquisition Corp. II
Andretti Acquisition Corp. II Profile
Andretti Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering for the purpose of effecting a business combination. The company has no commercial operations of its own but seeks to merge with or acquire a private business with a focus on advanced mobility, high-performance automotive technologies, or related sectors. By leveraging the Andretti brand, it aims to align with firms operating at the intersection of motorsports and cutting-edge vehicle innovation.
The SPAC structure allows Andretti Acquisition Corp.
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