Berkley W R Corp Has $2.12 Million Stock Position in AI Transportation Acquisition Corp (NASDAQ:AITR)

Berkley W R Corp boosted its stake in AI Transportation Acquisition Corp (NASDAQ:AITR - Free Report) by 91.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 196,891 shares of the company's stock after purchasing an additional 93,864 shares during the quarter. Berkley W R Corp owned about 2.51% of AI Transportation Acquisition worth $2,117,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of AITR. Wolverine Asset Management LLC lifted its position in shares of AI Transportation Acquisition by 15.9% during the 4th quarter. Wolverine Asset Management LLC now owns 420,301 shares of the company's stock worth $4,518,000 after buying an additional 57,631 shares during the last quarter. Mizuho Securities USA LLC boosted its position in AI Transportation Acquisition by 142.4% in the fourth quarter. Mizuho Securities USA LLC now owns 556,500 shares of the company's stock valued at $5,955,000 after buying an additional 326,883 shares in the last quarter. Yakira Capital Management Inc. bought a new stake in shares of AI Transportation Acquisition during the fourth quarter worth $376,000. Finally, Spartan Fund Management Inc. acquired a new position in shares of AI Transportation Acquisition during the fourth quarter worth $504,000. 81.89% of the stock is currently owned by institutional investors and hedge funds.

AI Transportation Acquisition Price Performance

NASDAQ AITR opened at $11.00 on Tuesday. AI Transportation Acquisition Corp has a twelve month low of $10.30 and a twelve month high of $11.02. The business's fifty day moving average is $10.97 and its 200 day moving average is $10.79.

AI Transportation Acquisition Company Profile

AI Transportation Acquisition Corp 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. It intends to focus on businesses in the transportation field, including logistics, new energy vehicles, smart parking, on-board chips and AI algorithms, automotive services, and related areas of intelligent transportation.

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