Patriot Financial Group Insurance Agency LLC Acquires Shares of 26,330 Cantor Equity Partners II Inc. $CEPT

Key Points

• Patriot Financial Group Insurance Agency LLC has acquired 26,330 shares of Cantor Equity Partners II Inc., valued at approximately $290,000, representing a 0.09% stake in the company.
• Wall Street analysts have downgraded Cantor Equity Partners II from a "hold" to a "sell" rating, signaling a negative outlook with a current consensus rating of "Sell."
• Current stock price for Cantor Equity Partners II is around $10.79, with a 52-week range between $10.32 and $12.49.

Patriot Financial Group Insurance Agency LLC acquired a new stake in shares of Cantor Equity Partners II Inc. (NASDAQ:CEPT - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 26,330 shares of the company's stock, valued at approximately $290,000. Patriot Financial Group Insurance Agency LLC owned approximately 0.09% of Cantor Equity Partners II as of its most recent filing with the SEC.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Wall Street Zen cut Cantor Equity Partners II from a "hold" rating to a "sell" rating in a research report on Saturday, June 14th. Weiss Ratings reaffirmed a "sell (e-)" rating on shares of Cantor Equity Partners II in a research report on Saturday, September 27th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of "Sell".

Cantor Equity Partners II Stock Down 0.1%

CEPT stock opened at $10.79 on Friday. The firm's 50 day simple moving average is $10.62. Cantor Equity Partners II Inc. has a 52-week low of $10.32 and a 52-week high of $12.49.

About Cantor Equity Partners II

Cantor Equity Partners II, Inc is a blank check company. The company was founded on November 11, 2020 and is headquartered in New York, NY

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