Clear Street Group Inc. Purchases 115,894 Shares of Stellar V Capital Corp. $SVCC

Clear Street Group Inc. boosted its position in Stellar V Capital Corp. (NASDAQ:SVCC) by 5,916.0% during the 4th quarter, Holdings Channel reports. The fund owned 117,853 shares of the company’s stock after buying an additional 115,894 shares during the period. Clear Street Group Inc.’s holdings in Stellar V Capital were worth $1,222,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SVCC. MMCAP International Inc. SPC bought a new position in Stellar V Capital in the third quarter worth approximately $2,884,000. L1 Global Manager Pty Ltd bought a new position in shares of Stellar V Capital in the fourth quarter valued at approximately $2,850,000. Moore Capital Management LP bought a new position in shares of Stellar V Capital in the second quarter valued at approximately $2,558,000. Shaolin Capital Management LLC bought a new position in shares of Stellar V Capital in the second quarter valued at approximately $2,044,000. Finally, Radcliffe Capital Management L.P. bought a new position in shares of Stellar V Capital in the third quarter valued at approximately $1,188,000.

Stellar V Capital Trading Up 0.1%

Shares of SVCC opened at $10.56 on Monday. The company has a market capitalization of $228.20 million, a price-to-earnings ratio of 40.62 and a beta of 0.03. The stock has a 50 day moving average of $10.51 and a 200 day moving average of $10.44. Stellar V Capital Corp. has a 12 month low of $10.18 and a 12 month high of $10.57.

Stellar V Capital (NASDAQ:SVCC) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.06 EPS for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Stellar V Capital in a report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

About Stellar V Capital

We are a blank check company incorporated on July 12, 2024 as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target, and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.