Boothbay Fund Management LLC Cuts Position in American Exceptionalism Acquisition Corp. $AEXA

Boothbay Fund Management LLC reduced its stake in shares of American Exceptionalism Acquisition Corp. (NYSE:AEXA) by 30.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 763,784 shares of the company’s stock after selling 328,716 shares during the quarter. Boothbay Fund Management LLC owned 1.54% of American Exceptionalism Acquisition worth $8,700,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of AEXA. JPMorgan Chase & Co. purchased a new stake in shares of American Exceptionalism Acquisition during the 3rd quarter valued at about $2,325,000. Alberta Investment Management Corp purchased a new stake in shares of American Exceptionalism Acquisition during the 3rd quarter valued at about $12,023,000. Graham Capital Wealth Management LLC purchased a new stake in shares of American Exceptionalism Acquisition during the 3rd quarter valued at about $463,000. Highbridge Capital Management LLC purchased a new stake in shares of American Exceptionalism Acquisition during the 3rd quarter valued at about $2,323,000. Finally, MMCAP International Inc. SPC purchased a new stake in shares of American Exceptionalism Acquisition during the 3rd quarter valued at about $6,898,000.

American Exceptionalism Acquisition Stock Up 1.0%

Shares of NYSE AEXA opened at $11.37 on Thursday. American Exceptionalism Acquisition Corp. has a fifty-two week low of $10.49 and a fifty-two week high of $11.91. The business has a 50 day moving average price of $11.30 and a two-hundred day moving average price of $11.28. The firm has a market cap of $562.36 million and a PE ratio of 189.50.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded American Exceptionalism Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday, June 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

American Exceptionalism Acquisition Company Profile

We are led by Chamath Palihapitiya, the founder and Managing Partner of Social Capital. Like Social Capital, the company is formed to confront the world’s hardest problems. Although these problems have evolved over the past decade, our approach remains the same—with a dedication to first principles thinking, deep technological understanding and a willingness to be contrarian to consensus. — We intend to find companies that operate in sectors that we believe will be instrumental in maintaining U.S.