Iron Horse Acquisitions Corp. (NASDAQ:IROH) Shares Purchased by Mizuho Securities USA LLC

Key Points

• Mizuho Securities USA LLC increased its stake in Iron Horse Acquisitions Corp. by 21.3%, holding 258,398 shares valued at approximately $2.7 million as of its latest SEC filing.
• Other institutional investors have also significantly increased their stakes in Iron Horse Acquisitions, with Spartan Fund Management raising its position by 2,272.7% and Warberg Asset Management increasing by 87.1% in recent months.
• Iron Horse Acquisitions shares opened at $10.98, with a 12-month range between $5.70 and $14.71, while Wall Street analysts have recently downgraded the stock to a "sell" rating.

Mizuho Securities USA LLC raised its position in Iron Horse Acquisitions Corp. (NASDAQ:IROH - Free Report) by 21.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 258,398 shares of the company's stock after purchasing an additional 45,366 shares during the quarter. Mizuho Securities USA LLC owned 2.91% of Iron Horse Acquisitions worth $2,695,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Wolverine Asset Management LLC increased its position in shares of Iron Horse Acquisitions by 18.5% during the first quarter. Wolverine Asset Management LLC now owns 535,815 shares of the company's stock worth $5,621,000 after acquiring an additional 83,592 shares during the period. Warberg Asset Management LLC boosted its stake in shares of Iron Horse Acquisitions by 87.1% during the first quarter. Warberg Asset Management LLC now owns 62,417 shares of the company's stock valued at $655,000 after purchasing an additional 29,050 shares in the last quarter. Tabor Asset Management LP bought a new position in shares of Iron Horse Acquisitions during the first quarter valued at approximately $1,614,000. Toronto Dominion Bank bought a new position in shares of Iron Horse Acquisitions during the fourth quarter valued at approximately $2,808,000. Finally, Bulldog Investors LLP boosted its stake in shares of Iron Horse Acquisitions by 10.2% during the fourth quarter. Bulldog Investors LLP now owns 155,604 shares of the company's stock valued at $1,602,000 after purchasing an additional 14,428 shares in the last quarter.

Iron Horse Acquisitions Price Performance

IROH traded up $0.96 during trading on Friday, hitting $7.96. The stock had a trading volume of 40,217 shares, compared to its average volume of 74,764. Iron Horse Acquisitions Corp. has a twelve month low of $5.70 and a twelve month high of $14.71. The stock has a 50 day simple moving average of $10.32 and a two-hundred day simple moving average of $10.43.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of Iron Horse Acquisitions to a "sell" rating in a research note on Saturday, July 26th.

Iron Horse Acquisitions Company Profile

Iron Horse Acquisitions Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on identifying targeted companies operating in content studios and film production, family entertainment, animation, music, gaming, e-sports, talent management, and talent-facing brands and businesses in the United States.