Tabor Asset Management LP purchased a new position in shares of GigCapital7 Corp. (NASDAQ:GIG - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,753,100 shares of the company's stock, valued at approximately $17,829,000. GigCapital7 accounts for approximately 4.6% of Tabor Asset Management LP's investment portfolio, making the stock its biggest holding. Tabor Asset Management LP owned approximately 5.26% of GigCapital7 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in GIG. Calamos Advisors LLC purchased a new position in shares of GigCapital7 during the 1st quarter worth about $9,407,000. Toronto Dominion Bank acquired a new position in GigCapital7 during the fourth quarter worth approximately $463,000. D. E. Shaw & Co. Inc. raised its stake in GigCapital7 by 64.2% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 815,000 shares of the company's stock worth $8,142,000 after purchasing an additional 318,717 shares during the period. Centiva Capital LP acquired a new position in shares of GigCapital7 in the 4th quarter valued at $3,000,000. Finally, Bulldog Investors LLP purchased a new stake in shares of GigCapital7 during the 4th quarter valued at $3,580,000.
GigCapital7 Trading Down 0.1%
Shares of GIG traded down $0.01 during trading hours on Thursday, hitting $10.38. The stock had a trading volume of 4,494 shares, compared to its average volume of 83,973. GigCapital7 Corp. has a 12-month low of $9.89 and a 12-month high of $10.43. The company's fifty day simple moving average is $10.34 and its 200 day simple moving average is $10.20.
GigCapital7 Company Profile
(
Free Report)
GigCapital7 Corp. is a blank check company or special purpose acquisition company. It was formed for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded by Avishay S.
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