Millennium Management LLC purchased a new stake in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 100,000 shares of the company's stock, valued at approximately $1,006,000. Millennium Management LLC owned approximately 0.28% of M3-Brigade Acquisition V as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LMR Partners LLP acquired a new stake in shares of M3-Brigade Acquisition V during the 4th quarter valued at about $12,324,000. Hudson Bay Capital Management LP acquired a new position in shares of M3-Brigade Acquisition V during the fourth quarter worth approximately $2,515,000. D. E. Shaw & Co. Inc. grew its position in M3-Brigade Acquisition V by 147.5% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 1,237,500 shares of the company's stock worth $12,449,000 after buying an additional 737,500 shares in the last quarter. Bulldog Investors LLP acquired a new position in M3-Brigade Acquisition V in the 4th quarter valued at approximately $5,813,000. Finally, AQR Arbitrage LLC bought a new stake in M3-Brigade Acquisition V in the 4th quarter valued at $14,895,000.
M3-Brigade Acquisition V Price Performance
MBAV stock traded up $0.16 during trading on Monday, hitting $12.15. The company had a trading volume of 914,470 shares, compared to its average volume of 196,189. The firm's fifty day moving average is $10.57. M3-Brigade Acquisition V Corp. has a fifty-two week low of $9.97 and a fifty-two week high of $12.19.
M3-Brigade Acquisition V Company Profile
(
Free Report)
M3-Brigade Acquisition V Corp. is a blank check company. It formed for the purpose of effecting a merger, consolidation, capital stock exchange, share exchange, asset acquisition, share purchase, stock purchase, reorganization or similar business combination with one or more businesses. M3-Brigade Acquisition V Corp.
Further Reading
Before you consider M3-Brigade Acquisition V, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and M3-Brigade Acquisition V wasn't on the list.
While M3-Brigade Acquisition V currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
