Periscope Capital Inc. trimmed its holdings in Cartesian Growth Co. II (NASDAQ:RENE - Free Report) by 61.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 175,000 shares of the company's stock after selling 275,000 shares during the period. Periscope Capital Inc. owned about 0.81% of Cartesian Growth Co. II worth $2,007,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently made changes to their positions in the business. Mizuho Securities USA LLC lifted its holdings in Cartesian Growth Co. II by 151.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 987,500 shares of the company's stock worth $11,307,000 after purchasing an additional 594,424 shares in the last quarter. Shaolin Capital Management LLC lifted its holdings in shares of Cartesian Growth Co. II by 34.3% in the second quarter. Shaolin Capital Management LLC now owns 650,000 shares of the company's stock worth $7,329,000 after buying an additional 165,931 shares in the last quarter. Logan Stone Capital LLC bought a new position in shares of Cartesian Growth Co. II during the second quarter worth $282,000. Berkley W R Corp grew its stake in Cartesian Growth Co. II by 10.1% during the second quarter. Berkley W R Corp now owns 1,406,400 shares of the company's stock valued at $15,864,000 after acquiring an additional 128,947 shares in the last quarter. Finally, Clear Street LLC bought a new stake in Cartesian Growth Co. II in the 2nd quarter valued at $437,000. Institutional investors own 58.96% of the company's stock.
Cartesian Growth Co. II Stock Performance
Shares of RENE remained flat at $11.62 during midday trading on Friday. The company has a fifty day moving average of $11.53 and a 200 day moving average of $11.38. Cartesian Growth Co. II has a 12-month low of $10.88 and a 12-month high of $11.67.
Cartesian Growth Co. II Profile
(
Free Report)
Cartesian Growth Corporation II does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York.
See Also
Before you consider Cartesian Growth Co. II, 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 Cartesian Growth Co. II wasn't on the list.
While Cartesian Growth Co. II currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.