Nabors Energy Transition Corp. II (NASDAQ:NETD) Shares Acquired by Bulldog Investors LLP

Bulldog Investors LLP increased its position in Nabors Energy Transition Corp. II (NASDAQ:NETD - Free Report) by 14.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 281,360 shares of the company's stock after purchasing an additional 34,454 shares during the period. Bulldog Investors LLP owned 0.74% of Nabors Energy Transition Corp. II worth $3,043,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Berkley W R Corp lifted its holdings in shares of Nabors Energy Transition Corp. II by 15.7% during the fourth quarter. Berkley W R Corp now owns 565,987 shares of the company's stock worth $6,113,000 after purchasing an additional 76,721 shares during the period. Quarry LP purchased a new stake in shares of Nabors Energy Transition Corp. II in the fourth quarter valued at about $128,000. Geode Capital Management LLC increased its stake in shares of Nabors Energy Transition Corp. II by 7.8% during the fourth quarter. Geode Capital Management LLC now owns 30,176 shares of the company's stock worth $326,000 after acquiring an additional 2,194 shares during the period. Mizuho Securities USA LLC acquired a new position in shares of Nabors Energy Transition Corp. II during the fourth quarter worth about $2,954,000. Finally, Decagon Asset Management LLP purchased a new position in Nabors Energy Transition Corp. II during the fourth quarter worth about $5,184,000. 75.52% of the stock is owned by hedge funds and other institutional investors.

Nabors Energy Transition Corp. II Stock Performance

NETD traded up $0.01 during trading on Friday, reaching $11.03. The company's stock had a trading volume of 625,662 shares, compared to its average volume of 158,320. The company has a market capitalization of $420.52 million, a price-to-earnings ratio of 36.77 and a beta of -0.02. The company's fifty day moving average price is $10.98 and its 200-day moving average price is $10.86. Nabors Energy Transition Corp. II has a 52-week low of $10.50 and a 52-week high of $11.10.

Nabors Energy Transition Corp. II (NASDAQ:NETD - Get Free Report) last posted its quarterly earnings results on Tuesday, April 1st. The company reported $0.01 earnings per share (EPS) for the quarter.

Nabors Energy Transition Corp. II Company Profile

Nabors Energy Transition Corp. II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to identify solutions, opportunities, companies, or technologies that focus on advancing the energy transition that facilitate, improve, or complement the reduction of carbon or greenhouse gas emissions.