Cantor Equity Partners II Inc. $CEPT Shares Sold by Context Capital Management LLC

Context Capital Management LLC lowered its stake in Cantor Equity Partners II Inc. (NASDAQ:CEPT) by 48.6% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 79,964 shares of the company’s stock after selling 75,566 shares during the period. Context Capital Management LLC owned 0.26% of Cantor Equity Partners II worth $871,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. FNY Investment Advisers LLC grew its stake in Cantor Equity Partners II by 518.7% in the fourth quarter. FNY Investment Advisers LLC now owns 193,852 shares of the company’s stock worth $2,182,000 after purchasing an additional 162,520 shares in the last quarter. Highbridge Capital Management LLC bought a new stake in Cantor Equity Partners II in the fourth quarter valued at about $14,885,000. K2 Principal Fund L.P. raised its stake in Cantor Equity Partners II by 130.0% during the fourth quarter. K2 Principal Fund L.P. now owns 347,129 shares of the company’s stock valued at $3,909,000 after buying an additional 196,191 shares in the last quarter. Moore Capital Management LP acquired a new stake in Cantor Equity Partners II during the second quarter valued at approximately $1,654,000. Finally, Schonfeld Strategic Advisors LLC lifted its holdings in Cantor Equity Partners II by 2.0% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 122,366 shares of the company’s stock worth $1,286,000 after buying an additional 2,366 shares during the last quarter.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Weiss Ratings upgraded Cantor Equity Partners II from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday, June 1st. Benchmark began coverage on Cantor Equity Partners II in a research report on Tuesday, March 31st. They set a “buy” rating and a $16.00 price target on the stock. Finally, Wall Street Zen upgraded Cantor Equity Partners II to a “sell” rating in a research note on Saturday, July 4th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $16.00.

Cantor Equity Partners II Price Performance

Shares of NASDAQ:CEPT opened at $11.78 on Monday. Cantor Equity Partners II Inc. has a fifty-two week low of $9.74 and a fifty-two week high of $14.05. The firm has a 50-day simple moving average of $12.11 and a 200 day simple moving average of $11.64. The company has a market cap of $360.23 million, a PE ratio of -107.09 and a beta of 0.90.

Cantor Equity Partners II (NASDAQ:CEPT) last released its quarterly earnings data on Friday, May 8th. The company reported $0.08 earnings per share for the quarter. The business had revenue of $3.88 million for the quarter.

Cantor Equity Partners II Profile

Cantor Equity Partners II (NASDAQ: CEPT) is a closed-end management investment company that focuses on providing customized capital solutions to private, middle-market companies in the United States. Listed on the Nasdaq, CEPT seeks to deliver attractive risk-adjusted returns by investing across a spectrum of debt and equity instruments. Its portfolio may include senior secured loans, subordinated and mezzanine debt, preferred equity, and common equity, allowing it to tailor financing structures to meet the specific growth, acquisition or recapitalization needs of its portfolio companies.

As a business development company registered under the Investment Company Act of 1940, CEPT targets U.S.