Virtu Financial LLC Takes Position in Apex Technology Acquisition Co. $APXT

Virtu Financial LLC purchased a new position in shares of Apex Technology Acquisition Co. (NASDAQ:APXT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 151,466 shares of the company’s stock, valued at approximately $1,498,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new stake in Apex Technology Acquisition in the fourth quarter valued at $8,406,000. Toronto Dominion Bank bought a new stake in shares of Apex Technology Acquisition in the 4th quarter worth about $1,978,000. Saba Capital Management L.P. bought a new stake in shares of Apex Technology Acquisition in the 4th quarter worth about $5,934,000. Millennium Management LLC acquired a new stake in shares of Apex Technology Acquisition in the 4th quarter valued at about $2,670,000. Finally, Moore Capital Management LP acquired a new stake in shares of Apex Technology Acquisition in the 4th quarter valued at about $3,956,000. Institutional investors own 6.01% of the company’s stock.

Apex Technology Acquisition Stock Performance

Shares of APXT opened at $10.06 on Friday. The business’s fifty day moving average price is $10.01 and its 200 day moving average price is $9.96. Apex Technology Acquisition Co. has a 12-month low of $9.87 and a 12-month high of $10.06.

Apex Technology Acquisition (NASDAQ:APXT) last released its quarterly earnings data on Thursday, March 26th. The company reported $0.09 EPS for the quarter.

Analyst Ratings Changes

Several equities analysts have recently commented on APXT shares. Weiss Ratings initiated coverage on shares of Apex Technology Acquisition in a research report on Tuesday, May 26th. They set a “sell (e+)” rating on the stock. Wall Street Zen upgraded Apex Technology Acquisition to a “hold” rating in a research note on Saturday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

About Apex Technology Acquisition

Apex Technology Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the software and internet technology industries. The company was incorporated in 2019 and is based in Burlingame, California. Apex Technology Acquisition Corporation is a subsidiary of Apex Technology Sponsor LLC.