ATW Spac Management LLC Invests $694,000 in Blaize Holdings, Inc. $BZAI

Key Points

• ATW Spac Management LLC recently invested $694,000 in Blaize Holdings, acquiring 343,594 shares, which represent 1.2% of its total holdings.
• Blaize's stock has shown volatility, with a 12-month low of $1.70 and a high of $19.25, currently trading around $3.59.
• Rosenblatt Securities has set a price target of $6.00 for Blaize, with the consensus rating for the stock being a "Buy" at an average price target of $6.83.

ATW Spac Management LLC purchased a new stake in Blaize Holdings, Inc. (NASDAQ:BZAI - Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 343,594 shares of the company's stock, valued at approximately $694,000. Blaize comprises 1.2% of ATW Spac Management LLC's holdings, making the stock its 21st biggest holding. ATW Spac Management LLC owned about 0.34% of Blaize at the end of the most recent quarter.

Separately, Charles Schwab Investment Management Inc. acquired a new stake in Blaize in the 1st quarter valued at about $644,000. Hedge funds and other institutional investors own 97.12% of the company's stock.

Blaize Trading Down 1.6%

Shares of BZAI stock opened at $3.59 on Monday. Blaize Holdings, Inc. has a 12 month low of $1.70 and a 12 month high of $19.25. The stock has a 50-day moving average price of $3.34 and a 200 day moving average price of $3.03.

Blaize (NASDAQ:BZAI - Get Free Report) last issued its earnings results on Thursday, August 14th. The company reported ($0.28) earnings per share (EPS) for the quarter. The firm had revenue of $1.98 million for the quarter. Blaize has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS.

Analysts Set New Price Targets

Separately, Rosenblatt Securities reissued a "buy" rating and set a $6.00 price target on shares of Blaize in a research note on Friday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $6.83.

Blaize Company Profile

Blaize® has created a transformative new compute solution that unites silicon and software to optimize AI from the edge to the core. We're partnering with customers to transform their products so they can deliver better experiences and better lives.

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