DLD Asset Management LP Buys Shares of 100,000 SilverBox Corp IV $SBXD

Key Points

• DLD Asset Management LP acquired 100,000 shares of SilverBox Corp IV (NYSE:SBXD), valued at approximately $1,018,000, representing about 0.39% of the company's stock.
• Other investors such as Virtu Financial LLC and Wealthspring Capital LLC also made new purchases or increased their stakes in SilverBox Corp IV during the first quarter.
• SilverBox Corp IV's stock is currently trading around $10.47, with a 12-month price range of $9.95 to $11.64, and the company reported $0.06 EPS for its latest earnings.

DLD Asset Management LP bought a new position in SilverBox Corp IV (NYSE:SBXD - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 100,000 shares of the company's stock, valued at approximately $1,018,000. DLD Asset Management LP owned 0.39% of SilverBox Corp IV at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. D. E. Shaw & Co. Inc. bought a new stake in shares of SilverBox Corp IV in the 4th quarter worth approximately $8,651,000. Wolverine Asset Management LLC purchased a new stake in shares of SilverBox Corp IV during the first quarter valued at $982,000. Wealthspring Capital LLC boosted its position in shares of SilverBox Corp IV by 80.1% in the 1st quarter. Wealthspring Capital LLC now owns 20,755 shares of the company's stock valued at $211,000 after purchasing an additional 9,232 shares during the period. Finally, Virtu Financial LLC acquired a new stake in SilverBox Corp IV during the 1st quarter worth about $193,000.

SilverBox Corp IV Stock Performance

SBXD traded down $0.02 during midday trading on Monday, reaching $10.46. The company's stock had a trading volume of 3,879 shares, compared to its average volume of 83,297. The company has a fifty day simple moving average of $10.58 and a 200 day simple moving average of $10.46. SilverBox Corp IV has a twelve month low of $9.95 and a twelve month high of $11.64.

SilverBox Corp IV (NYSE:SBXD - Get Free Report) last posted its earnings results on Tuesday, August 12th. The company reported $0.06 EPS for the quarter.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of SilverBox Corp IV to a "hold" rating in a research report on Friday, June 27th.

SilverBox Corp IV Company Profile

Silverbox Corp. IV is a blank check company. It was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on April 16, 2024 and is headquartered in Austin, TX.