Wolverine Asset Management LLC lifted its position in Inflection Point Acquisition Corp. II (NASDAQ:IPXX - Free Report) by 111.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 979,917 shares of the company's stock after acquiring an additional 517,067 shares during the period. Wolverine Asset Management LLC owned about 3.14% of Inflection Point Acquisition Corp. II worth $10,534,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in IPXX. Virtu Financial LLC purchased a new stake in shares of Inflection Point Acquisition Corp. II during the 1st quarter worth about $720,000. Cowen AND Company LLC lifted its stake in Inflection Point Acquisition Corp. II by 55.2% in the second quarter. Cowen AND Company LLC now owns 405,958 shares of the company's stock valued at $4,303,000 after acquiring an additional 144,367 shares during the last quarter. Shaolin Capital Management LLC bought a new stake in Inflection Point Acquisition Corp. II in the second quarter worth approximately $6,229,000. Berkley W R Corp raised its holdings in shares of Inflection Point Acquisition Corp. II by 636.0% during the 2nd quarter. Berkley W R Corp now owns 1,095,681 shares of the company's stock valued at $11,614,000 after purchasing an additional 946,805 shares in the last quarter. Finally, Picton Mahoney Asset Management boosted its holdings in Inflection Point Acquisition Corp. II by 28.6% in the second quarter. Picton Mahoney Asset Management now owns 1,125,000 shares of the company's stock worth $11,925,000 after purchasing an additional 250,000 shares in the last quarter.
Inflection Point Acquisition Corp. II Trading Up 0.2 %
Shares of NASDAQ:IPXX traded up $0.02 during trading on Monday, reaching $10.80. The stock had a trading volume of 2,121,293 shares, compared to its average volume of 142,444. The stock has a fifty day simple moving average of $10.75 and a two-hundred day simple moving average of $10.65. Inflection Point Acquisition Corp. II has a 52 week low of $10.24 and a 52 week high of $11.00.
About Inflection Point Acquisition Corp. II
(
Free Report)
Inflection Point Acquisition Corp. II 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. The company was incorporated in 2023 and is based in New York, New York.
See Also
Before you consider Inflection Point Acquisition Corp. 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 Inflection Point Acquisition Corp. II wasn't on the list.
While Inflection Point Acquisition Corp. II currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
