D. E. Shaw & Co. Inc. grew its position in shares of Nabors Energy Transition Corp. II (NASDAQ:NETD - Free Report) by 5.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,459,229 shares of the company's stock after buying an additional 75,000 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 3.83% of Nabors Energy Transition Corp. II worth $15,760,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also made changes to their positions in the company. Quarry LP acquired a new stake in shares of Nabors Energy Transition Corp. II during the 4th quarter valued at about $128,000. Geode Capital Management LLC lifted its holdings in shares of Nabors Energy Transition Corp. II by 51.9% during the 3rd quarter. Geode Capital Management LLC now owns 27,982 shares of the company's stock valued at $298,000 after buying an additional 9,557 shares during the last quarter. Centiva Capital LP acquired a new stake in Nabors Energy Transition Corp. II in the 4th quarter worth approximately $1,959,000. Mizuho Securities USA LLC acquired a new stake in Nabors Energy Transition Corp. II in the 4th quarter worth approximately $2,954,000. Finally, Bulldog Investors LLP lifted its holdings in Nabors Energy Transition Corp. II by 14.0% in the 4th quarter. Bulldog Investors LLP now owns 281,360 shares of the company's stock worth $3,043,000 after purchasing an additional 34,454 shares during the last quarter. 75.52% of the stock is currently owned by institutional investors and hedge funds.
Nabors Energy Transition Corp. II Price Performance
NETD traded up $0.01 on Friday, hitting $11.03. The company had a trading volume of 505,951 shares, compared to its average volume of 162,401. The company's fifty day moving average price is $10.99 and its 200 day moving average price is $10.88. Nabors Energy Transition Corp. II has a 1-year low of $10.51 and a 1-year high of $11.10. The stock has a market cap of $420.52 million, a price-to-earnings ratio of 50.14 and a beta of -0.02.
Nabors Energy Transition Corp. II (NASDAQ:NETD - Get Free Report) last posted its earnings results on Wednesday, May 14th. The company reported $0.02 earnings per share for the quarter.
About Nabors Energy Transition Corp. II
(
Free Report)
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.
Read More
Before you consider Nabors Energy Transition 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 Nabors Energy Transition Corp. II wasn't on the list.
While Nabors Energy Transition Corp. II currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
