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Magnetar Financial LLC Acquires New Shares in Cantor Equity Partners, Inc. $CEPO

Cantor Equity Partners logo with Financial Services background

Key Points

  • Magnetar Financial LLC has purchased 120,000 shares of Cantor Equity Partners, valued at approximately $1.23 million, owning about 0.47% of the company.
  • Several other institutional investors have also made significant investments in Cantor Equity Partners during the 1st quarter, including Tabor Asset Management LP and Wolverine Asset Management LLC.
  • Cantor Equity Partners, Inc. is a blank check company aimed at facilitating mergers or business combinations, with shares currently trading around $10.46.
  • Five stocks we like better than Cantor Equity Partners.

Magnetar Financial LLC purchased a new position in Cantor Equity Partners, Inc. (NASDAQ:CEPO - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 120,000 shares of the company's stock, valued at approximately $1,229,000. Magnetar Financial LLC owned 0.47% of Cantor Equity Partners at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Graham Capital Wealth Management LLC bought a new stake in shares of Cantor Equity Partners during the first quarter valued at approximately $418,000. Wealthspring Capital LLC acquired a new position in Cantor Equity Partners in the first quarter worth about $428,000. Tabor Asset Management LP bought a new stake in shares of Cantor Equity Partners during the first quarter valued at approximately $1,537,000. Westchester Capital Management LLC acquired a new stake in Cantor Equity Partners in the first quarter worth $2,049,000. Finally, Wolverine Asset Management LLC bought a new position in Cantor Equity Partners in the first quarter valued at $2,100,000.

Cantor Equity Partners Price Performance

Shares of NASDAQ:CEPO traded up $0.03 during midday trading on Friday, hitting $10.36. The stock had a trading volume of 253,874 shares, compared to its average volume of 410,271. The company's 50-day moving average price is $11.32 and its 200-day moving average price is $11.20. Cantor Equity Partners, Inc. has a fifty-two week low of $10.04 and a fifty-two week high of $16.50.

About Cantor Equity Partners

(Free Report)

Cantor Equity Partners I, Inc is a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on November 11, 2020 and is headquartered in New York, NY.

See Also

Institutional Ownership by Quarter for Cantor Equity Partners (NASDAQ:CEPO)

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