Cantor Equity Partners, Inc. $CEPO Shares Sold by HBK Investments L P

by · The Cerbat Gem

HBK Investments L P cut its stake in Cantor Equity Partners, Inc. (NASDAQ:CEPO – Free Report) by 30.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 175,000 shares of the company’s stock after selling 75,000 shares during the period. HBK Investments L P owned 0.69% of Cantor Equity Partners worth $2,082,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Quarry LP purchased a new position in shares of Cantor Equity Partners in the first quarter worth $78,000. PenderFund Capital Management Ltd. purchased a new stake in shares of Cantor Equity Partners during the first quarter valued at $102,000. Penserra Capital Management LLC acquired a new position in shares of Cantor Equity Partners in the 2nd quarter valued at $219,000. Pekin Hardy Strauss Inc. purchased a new position in Cantor Equity Partners in the 2nd quarter worth $232,000. Finally, JPMorgan Chase & Co. acquired a new stake in Cantor Equity Partners during the 2nd quarter worth about $295,000.

Cantor Equity Partners Price Performance

NASDAQ CEPO opened at $10.40 on Monday. Cantor Equity Partners, Inc. has a 1 year low of $10.04 and a 1 year high of $16.50. The company has a market capitalization of $265.20 million and a PE ratio of 61.18. The company has a fifty day moving average of $10.47 and a 200 day moving average of $11.14.

Cantor Equity Partners (NASDAQ:CEPO – Get Free Report) last announced its quarterly earnings results on Friday, November 14th. The company reported $0.05 earnings per share for the quarter.

Insider Buying and Selling

In related news, major shareholder Harraden Circle Investments, L sold 250,000 shares of Cantor Equity Partners stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $10.43, for a total transaction of $2,607,500.00. Following the completion of the transaction, the insider directly owned 2,048,679 shares in the company, valued at approximately $21,367,721.97. This trade represents a 10.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Cantor Equity Partners in a report on Tuesday, October 14th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Get Our Latest Report on Cantor Equity Partners

About Cantor Equity Partners

(Free Report)

Cantor Equity Partners I, Inc is a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on November 11, 2020 and is headquartered in New York, NY.

Further Reading