Clear Street Group Inc. Has $1.91 Million Stake in Andretti Acquisition Corp. II $POLE

Clear Street Group Inc. grew its position in Andretti Acquisition Corp. II (NASDAQ:POLE) by 1,179.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 181,772 shares of the company’s stock after purchasing an additional 167,568 shares during the quarter. Clear Street Group Inc.’s holdings in Andretti Acquisition Corp. II were worth $1,910,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in POLE. FNY Investment Advisers LLC acquired a new position in shares of Andretti Acquisition Corp. II in the fourth quarter valued at approximately $41,000. HRT Financial LP acquired a new position in shares of Andretti Acquisition Corp. II in the fourth quarter valued at approximately $113,000. Geode Capital Management LLC acquired a new position in shares of Andretti Acquisition Corp. II in the fourth quarter valued at approximately $207,000. Sandia Investment Management LP acquired a new position in shares of Andretti Acquisition Corp. II in the second quarter valued at approximately $415,000. Finally, L1 Global Manager Pty Ltd acquired a new position in shares of Andretti Acquisition Corp. II in the fourth quarter valued at approximately $1,051,000.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Andretti Acquisition Corp. II in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Andretti Acquisition Corp. II Price Performance

Shares of NASDAQ:POLE opened at $10.74 on Monday. Andretti Acquisition Corp. II has a 1 year low of $10.36 and a 1 year high of $10.90. The business’s 50 day simple moving average is $10.70 and its 200 day simple moving average is $10.62.

Andretti Acquisition Corp. II (NASDAQ:POLE) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.06 earnings per share (EPS) for the quarter.

About Andretti Acquisition Corp. II

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.