Farallon Capital Management LLC Buys Shares of 78,400 AleAnna Inc - Class A (NASDAQ:ANNA)

Farallon Capital Management LLC bought a new stake in shares of AleAnna Inc - Class A (NASDAQ:ANNA - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 78,400 shares of the company's stock, valued at approximately $532,000. Farallon Capital Management LLC owned 1.15% of AleAnna Inc - Class A as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Finepoint Capital LP acquired a new stake in AleAnna Inc - Class A in the 4th quarter worth about $197,000. NewGen Asset Management Ltd acquired a new stake in AleAnna Inc - Class A in the 4th quarter worth about $192,000. Finally, Decagon Asset Management LLP acquired a new stake in shares of AleAnna Inc - Class A in the fourth quarter valued at about $3,390,000. 38.10% of the stock is currently owned by institutional investors and hedge funds.

AleAnna Inc - Class A Stock Up 6.4%

Shares of AleAnna Inc - Class A stock traded up $0.63 on Wednesday, hitting $10.47. 3,343 shares of the company were exchanged, compared to its average volume of 17,308. The stock has a market cap of $697.08 million, a PE ratio of -523.50 and a beta of 0.24. The stock's 50-day moving average is $9.48. AleAnna Inc - Class A has a 1-year low of $4.71 and a 1-year high of $18.70.

AleAnna Inc - Class A Profile

AleAnna, Inc engages in oil and gas exploration and production activities. It focuses on Italy's natural gas reserves and developing renewable energy solutions. The company was founded in 2007 and is headquartered in Dallas, TX.