Cantor Equity Partners (NASDAQ:CEPO) Upgraded at Wall Street Zen

Cantor Equity Partners (NASDAQ:CEPO) was upgraded by Wall Street Zen to a “sell” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings raised shares of Cantor Equity Partners from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, May 14th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Cantor Equity Partners Price Performance

Shares of NASDAQ CEPO opened at $10.63 on Friday. Cantor Equity Partners has a 52 week low of $10.27 and a 52 week high of $16.50. The firm’s fifty day moving average is $10.60 and its 200 day moving average is $10.51. The company has a market cap of $271.06 million, a price-to-earnings ratio of -22.62 and a beta of -0.09.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Hudson Bay Capital Management LP purchased a new stake in Cantor Equity Partners in the 3rd quarter worth approximately $52,300,000. Anson Funds Management LP purchased a new position in shares of Cantor Equity Partners during the fourth quarter valued at approximately $21,234,000. Pantera Capital Partners LP bought a new position in shares of Cantor Equity Partners during the third quarter valued at approximately $15,690,000. Berkley W R Corp raised its holdings in shares of Cantor Equity Partners by 467.6% during the fourth quarter. Berkley W R Corp now owns 970,527 shares of the company’s stock valued at $10,103,000 after acquiring an additional 799,533 shares in the last quarter. Finally, Crossingbridge Advisors LLC purchased a new stake in Cantor Equity Partners in the fourth quarter worth $9,512,000.

About Cantor Equity Partners

Cantor Equity Partners, Inc is a special purpose acquisition company (SPAC) incorporated in Delaware and listed on the NASDAQ under the ticker CEPO. As a blank‐check entity, Cantor Equity Partners seeks to raise capital through an IPO and use the proceeds to effect a merger, share exchange, asset acquisition or similar business combination with one or more target companies. The company does not engage in commercial operations of its own until it completes a qualifying transaction.

The firm’s sponsor, Cantor Equity Opportunities Sponsor, LLC, is an affiliate of Cantor Fitzgerald, L.P., a well-established global financial services firm known for its capital markets, investment banking and brokerage activities.