Berkley W R Corp acquired a new position in shares of Technology & Telecommunication Acquisition Co. (NASDAQ:TETE - Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 278,710 shares of the company's stock, valued at approximately $3,395,000. Berkley W R Corp owned approximately 4.66% of Technology & Telecommunication Acquisition as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of TETE. Logan Stone Capital LLC bought a new position in Technology & Telecommunication Acquisition in the second quarter valued at approximately $1,147,000. Mizuho Securities USA LLC increased its holdings in Technology & Telecommunication Acquisition by 64.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 255,659 shares of the company's stock worth $3,081,000 after purchasing an additional 99,936 shares in the last quarter. Warberg Asset Management LLC bought a new stake in shares of Technology & Telecommunication Acquisition during the second quarter worth about $208,000. Finally, Shaolin Capital Management LLC increased its stake in shares of Technology & Telecommunication Acquisition by 33.3% in the second quarter. Shaolin Capital Management LLC now owns 200,000 shares of the company's stock valued at $2,390,000 after buying an additional 50,000 shares during the period. 45.39% of the stock is owned by institutional investors.
Technology & Telecommunication Acquisition Price Performance
NASDAQ TETE remained flat at $12.23 during trading hours on Friday. 2,750 shares of the company were exchanged, compared to its average volume of 7,212. The company's 50 day simple moving average is $12.18 and its two-hundred day simple moving average is $12.06. Technology & Telecommunication Acquisition Co. has a 1-year low of $11.31 and a 1-year high of $12.25.
About Technology & Telecommunication Acquisition
(
Free Report)
Technology & Telecommunication Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Technology & Telecommunication Acquisition Corporation was incorporated in 2021 and is headquartered in Kuala Lumpur, Malaysia.
Read More
Before you consider Technology & Telecommunication 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 Technology & Telecommunication Acquisition wasn't on the list.
While Technology & Telecommunication Acquisition currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
