Wealthspring Capital LLC lowered its stake in Nabors Energy Transition Corp. II (NASDAQ:NETD - Free Report) by 16.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 261,835 shares of the company's stock after selling 51,325 shares during the quarter. Nabors Energy Transition Corp. II comprises 4.7% of Wealthspring Capital LLC's portfolio, making the stock its 7th largest position. Wealthspring Capital LLC owned about 0.69% of Nabors Energy Transition Corp. II worth $2,867,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. Quarry LP acquired a new stake in Nabors Energy Transition Corp. II during the 4th quarter valued at approximately $128,000. Geode Capital Management LLC grew its stake in Nabors Energy Transition Corp. II by 7.8% during the 4th quarter. Geode Capital Management LLC now owns 30,176 shares of the company's stock valued at $326,000 after purchasing an additional 2,194 shares in the last quarter. Centiva Capital LP acquired a new stake in Nabors Energy Transition Corp. II during the 4th quarter valued at approximately $1,959,000. Mizuho Securities USA LLC acquired a new stake in Nabors Energy Transition Corp. II during the 4th quarter valued at approximately $2,954,000. Finally, Bulldog Investors LLP grew its position in shares of Nabors Energy Transition Corp. II by 14.0% in the 4th quarter. Bulldog Investors LLP now owns 281,360 shares of the company's stock worth $3,043,000 after acquiring an additional 34,454 shares in the last quarter. Institutional investors and hedge funds own 75.52% of the company's stock.
Nabors Energy Transition Corp. II Stock Down 0.7%
Shares of NETD traded down $0.08 during mid-day trading on Thursday, hitting $11.11. The stock had a trading volume of 1,689 shares, compared to its average volume of 171,502. The company has a market cap of $423.57 million, a PE ratio of 50.50 and a beta of -0.02. The company's fifty day simple moving average is $11.07 and its two-hundred day simple moving average is $10.98. Nabors Energy Transition Corp. II has a fifty-two week low of $10.56 and a fifty-two week high of $11.47.
Nabors Energy Transition Corp. II (NASDAQ:NETD - Get Free Report) last issued its earnings results on Wednesday, May 14th. The company reported $0.02 EPS for the quarter.
About Nabors Energy Transition Corp. II
(
Free Report)
Nabors Energy Transition Corp. II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to identify solutions, opportunities, companies, or technologies that focus on advancing the energy transition that facilitate, improve, or complement the reduction of carbon or greenhouse gas emissions.
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