M3-Brigade Acquisition V (NASDAQ:MBAV) Upgraded to “Sell” at Wall Street Zen

M3-Brigade Acquisition V (NASDAQ:MBAVGet Free Report) was upgraded by analysts at Wall Street Zen to a “sell” rating in a research note issued on Saturday.

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of M3-Brigade Acquisition V in a research report on Wednesday. One analyst has rated the stock with a Sell rating, According to MarketBeat, M3-Brigade Acquisition V currently has an average rating of “Sell”.

Check Out Our Latest Analysis on M3-Brigade Acquisition V

M3-Brigade Acquisition V Price Performance

NASDAQ MBAV opened at $10.82 on Friday. M3-Brigade Acquisition V has a fifty-two week low of $9.10 and a fifty-two week high of $11.96. The business has a fifty day moving average of $10.79 and a 200-day moving average of $10.74.

M3-Brigade Acquisition V (NASDAQ:MBAVGet Free Report) last released its earnings results on Thursday, May 14th. The company reported $0.05 earnings per share (EPS) for the quarter.

Institutional Trading of M3-Brigade Acquisition V

Institutional investors have recently made changes to their positions in the stock. Cantor Fitzgerald L. P. increased its stake in M3-Brigade Acquisition V by 4,940.8% during the fourth quarter. Cantor Fitzgerald L. P. now owns 7,779,865 shares of the company’s stock worth $82,700,000 after acquiring an additional 7,625,527 shares during the last quarter. Anson Funds Management LP acquired a new position in shares of M3-Brigade Acquisition V in the 4th quarter valued at about $30,193,000. Meteora Capital LLC lifted its stake in shares of M3-Brigade Acquisition V by 163.5% in the 4th quarter. Meteora Capital LLC now owns 3,889,052 shares of the company’s stock valued at $41,341,000 after purchasing an additional 2,413,251 shares in the last quarter. Polar Asset Management Partners Inc. grew its holdings in shares of M3-Brigade Acquisition V by 117.0% during the 1st quarter. Polar Asset Management Partners Inc. now owns 3,812,849 shares of the company’s stock worth $40,950,000 after purchasing an additional 2,055,408 shares during the period. Finally, Saba Capital Management L.P. increased its position in M3-Brigade Acquisition V by 11,039.2% during the 1st quarter. Saba Capital Management L.P. now owns 1,585,000 shares of the company’s stock worth $17,023,000 after purchasing an additional 1,570,771 shares in the last quarter.

About M3-Brigade Acquisition V

(Get Free Report)

M3-Brigade Acquisition V is a special purpose acquisition company (SPAC) sponsored by M3 Inc, a global healthcare information and technology provider, and Brigade Capital Management, an investment management firm. The company is structured as a blank‐check vehicle listed on the Nasdaq Stock Market under the ticker MBAV, with the objective of identifying and completing a business combination in the healthcare, life sciences or related sectors.

The company benefits from the operational expertise of M3’s digital health platform and real‐world data capabilities, combined with Brigade’s deep experience in credit and asset management.

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