Alpine Global Management LLC Invests $781,000 in Cantor Equity Partners V Inc. $CEPV

Alpine Global Management LLC acquired a new stake in Cantor Equity Partners V Inc. (NASDAQ:CEPV) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 76,201 shares of the company’s stock, valued at approximately $781,000.

Other institutional investors also recently modified their holdings of the company. Gladius Capital Management LP acquired a new stake in shares of Cantor Equity Partners V during the 4th quarter worth approximately $51,000. PenderFund Capital Management Ltd. bought a new stake in shares of Cantor Equity Partners V during the 4th quarter valued at $51,000. Royal Bank of Canada acquired a new position in shares of Cantor Equity Partners V in the 4th quarter valued at $74,000. Deltec Asset Management LLC acquired a new position in shares of Cantor Equity Partners V in the 4th quarter valued at $102,000. Finally, Readystate Asset Management LP bought a new position in shares of Cantor Equity Partners V in the 4th quarter worth $102,000.

Cantor Equity Partners V Price Performance

NASDAQ CEPV opened at $10.31 on Friday. Cantor Equity Partners V Inc. has a one year low of $10.06 and a one year high of $10.36. The firm has a market cap of $327.88 million and a P/E ratio of 147.34. The stock’s 50-day moving average is $10.24 and its 200-day moving average is $10.21.

Cantor Equity Partners V (NASDAQ:CEPV) last posted its earnings results on Tuesday, March 31st. The company reported $0.14 earnings per share (EPS) for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded Cantor Equity Partners V from a “sell (e)” rating to a “sell (e+)” rating in a research report on Friday, May 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Cantor Equity Partners V Company Profile

Cantor Equity Partners V (NASDAQ: CEPV) is a special purpose acquisition company (SPAC) formed to raise capital through a public offering and complete a business combination with one or more operating companies. Like other SPACs, its primary purpose is to identify and acquire a privately held company, enabling that business to become publicly listed through a merger rather than a traditional initial public offering.

The company’s core activities include managing the proceeds from its IPO held in a trust account, conducting diligence on potential target companies, negotiating a definitive business combination agreement, and seeking shareholder approval for transactions.