Inflection Point Acquisition Corp. II (NASDAQ:IPXX) Shares Sold by Deutsche Bank AG

Deutsche Bank AG lessened its stake in shares of Inflection Point Acquisition Corp. II (NASDAQ:IPXX - Free Report) by 32.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 170,000 shares of the company's stock after selling 80,000 shares during the period. Deutsche Bank AG owned approximately 0.54% of Inflection Point Acquisition Corp. II worth $1,952,000 at the end of the most recent reporting period.

Separately, Harraden Circle Investments LLC bought a new stake in Inflection Point Acquisition Corp. II in the 4th quarter worth about $8,036,000.

Inflection Point Acquisition Corp. II Price Performance

Inflection Point Acquisition Corp. II stock traded down $0.13 during trading on Thursday, reaching $8.33. The company had a trading volume of 543,955 shares, compared to its average volume of 117,366. The firm's 50-day simple moving average is $9.59 and its 200 day simple moving average is $11.11. Inflection Point Acquisition Corp. II has a 52 week low of $9.24 and a 52 week high of $15.25.

Wall Street Analysts Forecast Growth

Separately, Benchmark upgraded shares of Inflection Point Acquisition Corp. II to a "strong-buy" rating in a research note on Thursday, February 27th.

About Inflection Point Acquisition Corp. II

Inflection Point Acquisition Corp. II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in New York, New York.