AlphaVest Acquisition Corp (NASDAQ:ATMV - Get Free Report)'s stock price was up 0.5% during mid-day trading on Wednesday . The company traded as high as $11.44 and last traded at $11.44. Approximately 200 shares were traded during trading, a decline of 88% from the average daily volume of 1,638 shares. The stock had previously closed at $11.38.
AlphaVest Acquisition Trading Up 0.5 %
The business has a fifty day moving average of $11.39 and a 200-day moving average of $11.25.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of ATMV. Spartan Fund Management Inc. acquired a new position in AlphaVest Acquisition during the third quarter worth about $546,000. Glazer Capital LLC grew its holdings in AlphaVest Acquisition by 16.1% during the third quarter. Glazer Capital LLC now owns 267,330 shares of the company's stock worth $2,978,000 after acquiring an additional 37,067 shares during the period. Crossingbridge Advisors LLC acquired a new position in AlphaVest Acquisition during the third quarter worth about $3,087,000. Finally, Mizuho Securities USA LLC increased its stake in AlphaVest Acquisition by 108.7% in the 3rd quarter. Mizuho Securities USA LLC now owns 560,368 shares of the company's stock worth $6,220,000 after purchasing an additional 291,908 shares in the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.
AlphaVest Acquisition Company Profile
(
Get Free Report)
AlphaVest Acquisition Corp does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2022 and is based in New York, New York.
Further Reading
Before you consider AlphaVest Acquisition, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AlphaVest Acquisition wasn't on the list.
While AlphaVest Acquisition currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
