Berkley W R Corp Decreases Stake in Perception Capital Corp. III (NASDAQ:PFTA)

Berkley W R Corp trimmed its holdings in shares of Perception Capital Corp. III (NASDAQ:PFTA - Free Report) by 71.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 98,657 shares of the company's stock after selling 242,540 shares during the quarter. Berkley W R Corp owned approximately 1.22% of Perception Capital Corp. III worth $1,069,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Logan Stone Capital LLC purchased a new position in shares of Perception Capital Corp. III in the 2nd quarter valued at $1,825,000. ATW Spac Management LLC purchased a new stake in shares of Perception Capital Corp. III during the 3rd quarter worth $1,622,000. Quarry LP bought a new stake in Perception Capital Corp. III during the second quarter valued at about $1,086,000. Virtu Financial LLC purchased a new position in Perception Capital Corp. III in the first quarter valued at about $485,000. Finally, Clear Street LLC raised its holdings in Perception Capital Corp. III by 10,381.9% in the second quarter. Clear Street LLC now owns 34,800 shares of the company's stock worth $378,000 after purchasing an additional 34,468 shares in the last quarter. Institutional investors own 26.89% of the company's stock.

Perception Capital Corp. III Stock Performance

Shares of NASDAQ:PFTA remained flat at $10.87 during trading on Friday. 35 shares of the stock were exchanged, compared to its average volume of 3,758. The stock has a 50 day moving average of $10.94 and a 200-day moving average of $10.92. Perception Capital Corp. III has a twelve month low of $10.33 and a twelve month high of $12.96.

Perception Capital Corp. III Profile

Perception Capital Corp. III does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in the financial technology or financial services ecosystem. The company was formerly known as Portage Fintech Acquisition Corporation and changed its name to Perception Capital Corp.