Spartan Fund Management Inc. Purchases 113,912 Shares of APx Acquisition Corp. I (NASDAQ:APXI)

Spartan Fund Management Inc. increased its holdings in shares of APx Acquisition Corp. I (NASDAQ:APXI - Free Report) by 296.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 152,354 shares of the company's stock after buying an additional 113,912 shares during the period. APx Acquisition Corp. I comprises approximately 5.4% of Spartan Fund Management Inc.'s investment portfolio, making the stock its 2nd largest holding. Spartan Fund Management Inc. owned approximately 1.54% of APx Acquisition Corp. I worth $1,801,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Logan Stone Capital LLC acquired a new stake in shares of APx Acquisition Corp. I in the second quarter valued at about $2,925,000. Berkley W R Corp increased its position in shares of APx Acquisition Corp. I by 45.7% during the second quarter. Berkley W R Corp now owns 575,378 shares of the company's stock worth $6,680,000 after purchasing an additional 180,499 shares in the last quarter. Clear Street LLC acquired a new position in APx Acquisition Corp. I in the 2nd quarter valued at $78,000. Periscope Capital Inc. lifted its holdings in APx Acquisition Corp. I by 79.5% in the 1st quarter. Periscope Capital Inc. now owns 358,990 shares of the company's stock valued at $4,103,000 after purchasing an additional 158,990 shares in the last quarter. Finally, Mizuho Securities USA LLC boosted its stake in APx Acquisition Corp. I by 17.2% during the 1st quarter. Mizuho Securities USA LLC now owns 695,777 shares of the company's stock worth $7,883,000 after purchasing an additional 101,887 shares during the last quarter. Institutional investors and hedge funds own 51.82% of the company's stock.

APx Acquisition Corp. I Price Performance

Shares of APx Acquisition Corp. I stock remained flat at $11.77 during trading hours on Tuesday. 22 shares of the stock were exchanged, compared to its average volume of 20,221. The firm has a 50-day moving average price of $11.67 and a two-hundred day moving average price of $11.59. APx Acquisition Corp. I has a fifty-two week low of $10.99 and a fifty-two week high of $11.84.

About APx Acquisition Corp. I

APx Acquisition Corp. I. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. APx Acquisition Corp. I. was incorporated in 2021 and is based in Mexico City, Mexico.