Crossingbridge Advisors LLC bought a new position in AlphaVest Acquisition Corp (NASDAQ:ATMV - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 276,994 shares of the company's stock, valued at approximately $3,087,000. AlphaVest Acquisition accounts for approximately 2.4% of Crossingbridge Advisors LLC's portfolio, making the stock its 13th largest position. Crossingbridge Advisors LLC owned about 3.95% of AlphaVest Acquisition at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Mizuho Securities USA LLC grew its stake in AlphaVest Acquisition by 108.7% during the third quarter. Mizuho Securities USA LLC now owns 560,368 shares of the company's stock worth $6,220,000 after buying an additional 291,908 shares during the period. Spartan Fund Management Inc. purchased a new stake in AlphaVest Acquisition during the 3rd quarter worth $546,000. Finally, Cowen AND Company LLC boosted its position in AlphaVest Acquisition by 68.8% in the 2nd quarter. Cowen AND Company LLC now owns 278,202 shares of the company's stock valued at $3,069,000 after buying an additional 113,410 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company's stock.
AlphaVest Acquisition Stock Performance
Shares of NASDAQ:ATMV remained flat at $11.25 during trading on Tuesday. AlphaVest Acquisition Corp has a 52-week low of $10.64 and a 52-week high of $11.25. The stock's 50 day simple moving average is $11.19 and its two-hundred day simple moving average is $11.11.
AlphaVest Acquisition Profile
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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
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