Berkley W R Corp Has $2.63 Million Stock Holdings in Columbus Acquisition Corp/Cayman Islands $COLA

Berkley W R Corp cut its position in Columbus Acquisition Corp/Cayman Islands (NASDAQ:COLA) by 38.2% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 250,259 shares of the company’s stock after selling 154,772 shares during the period. Berkley W R Corp’s holdings in Columbus Acquisition Corp/Cayman Islands were worth $2,628,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Clear Street Group Inc. grew its stake in Columbus Acquisition Corp/Cayman Islands by 1,173.3% in the 4th quarter. Clear Street Group Inc. now owns 77,967 shares of the company’s stock valued at $810,000 after buying an additional 71,844 shares during the last quarter. L1 Global Manager Pty Ltd bought a new stake in shares of Columbus Acquisition Corp/Cayman Islands during the 4th quarter valued at $1,039,000. Harraden Circle Investments LLC bought a new stake in Columbus Acquisition Corp/Cayman Islands during the fourth quarter worth about $5,794,000. Meteora Capital LLC bought a new stake in shares of Columbus Acquisition Corp/Cayman Islands during the 4th quarter worth approximately $4,632,000. Finally, Rivernorth Capital Management LLC increased its stake in shares of Columbus Acquisition Corp/Cayman Islands by 51.8% in the 4th quarter. Rivernorth Capital Management LLC now owns 299,756 shares of the company’s stock valued at $3,114,000 after purchasing an additional 102,256 shares during the last quarter.

Analysts Set New Price Targets

COLA has been the subject of a number of research analyst reports. Wall Street Zen upgraded shares of Columbus Acquisition Corp/Cayman Islands to a “hold” rating in a research report on Saturday, July 18th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Columbus Acquisition Corp/Cayman Islands in a research note on Monday, June 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Columbus Acquisition Corp/Cayman Islands Price Performance

Shares of Columbus Acquisition Corp/Cayman Islands stock opened at $10.69 on Monday. The business has a 50 day moving average of $10.71. Columbus Acquisition Corp/Cayman Islands has a 52 week low of $10.14 and a 52 week high of $11.15.

Columbus Acquisition Corp/Cayman Islands (NASDAQ:COLA) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.01 EPS for the quarter.

About Columbus Acquisition Corp/Cayman Islands

Columbus Acquisition Corp/Cayman Islands (NASDAQ: COLA) is a Cayman Islands–incorporated special purpose acquisition company (SPAC) listed on the Nasdaq stock exchange. As a blank-check company, its stated principal business purpose is to raise capital through an initial public offering and to seek one or more business combinations, acquisitions, mergers, or similar transactions that would result in a change of business, operations or management for the combined company.

The company does not operate an ongoing commercial business or produce products or services in the way an operating company does.