Virtu Financial LLC Sells 286,152 Shares of Axiom Intelligence Acquisition Corp 1 $AXIN

Virtu Financial LLC decreased its holdings in shares of Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXIN) by 71.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 115,342 shares of the company’s stock after selling 286,152 shares during the quarter. Virtu Financial LLC owned 0.42% of Axiom Intelligence Acquisition Corp 1 worth $1,161,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of AXIN. Wealthspring Capital LLC boosted its holdings in Axiom Intelligence Acquisition Corp 1 by 0.4% during the 4th quarter. Wealthspring Capital LLC now owns 305,850 shares of the company’s stock valued at $3,077,000 after acquiring an additional 1,350 shares during the period. Periscope Capital Inc. increased its stake in Axiom Intelligence Acquisition Corp 1 by 3.0% in the fourth quarter. Periscope Capital Inc. now owns 386,200 shares of the company’s stock worth $3,885,000 after purchasing an additional 11,200 shares during the period. ABC Arbitrage SA purchased a new stake in Axiom Intelligence Acquisition Corp 1 in the fourth quarter worth $352,000. Heights Capital Management Inc. bought a new stake in shares of Axiom Intelligence Acquisition Corp 1 during the fourth quarter worth $504,000. Finally, Radcliffe Capital Management L.P. lifted its position in shares of Axiom Intelligence Acquisition Corp 1 by 16.4% during the fourth quarter. Radcliffe Capital Management L.P. now owns 549,758 shares of the company’s stock worth $5,531,000 after purchasing an additional 77,571 shares during the last quarter.

Axiom Intelligence Acquisition Corp 1 Price Performance

Axiom Intelligence Acquisition Corp 1 stock opened at $10.36 on Friday. The company’s 50 day moving average is $10.26. Axiom Intelligence Acquisition Corp 1 has a fifty-two week low of $9.93 and a fifty-two week high of $10.45.

Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXIN) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.06 earnings per share (EPS) for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Axiom Intelligence Acquisition Corp 1 from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Axiom Intelligence Acquisition Corp 1 presently has an average rating of “Sell”.

About Axiom Intelligence Acquisition Corp 1

Axiom Intelligence Acquisition Corp 1 (NASDAQ: AXIN) is a special purpose acquisition company (SPAC) listed on the NASDAQ. As a blank‑check company, its primary purpose is to raise capital through a public offering and to identify, negotiate and complete a business combination or similar transaction with one or more operating businesses. The company itself does not conduct traditional operating activities prior to a completed business combination.

Typical activities for a SPAC like Axiom Intelligence Acquisition Corp 1 include sourcing potential acquisition targets, performing due diligence, structuring a merger or acquisition, and providing a vehicle through which private companies can access public markets.