Toronto Dominion Bank bought a new position in shares of Nabors Energy Transition Corp. II (NASDAQ:NETD - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,264,915 shares of the company's stock, valued at approximately $13,661,000. Toronto Dominion Bank owned about 3.32% of Nabors Energy Transition Corp. II at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in the business. Wolverine Asset Management LLC grew its stake in Nabors Energy Transition Corp. II by 2.5% in the fourth quarter. Wolverine Asset Management LLC now owns 634,474 shares of the company's stock valued at $6,852,000 after purchasing an additional 15,438 shares during the last quarter. Decagon Asset Management LLP acquired a new position in Nabors Energy Transition Corp. II in the fourth quarter valued at approximately $5,184,000. Mizuho Securities USA LLC acquired a new position in Nabors Energy Transition Corp. II in the fourth quarter valued at approximately $2,954,000. Geode Capital Management LLC lifted its holdings in Nabors Energy Transition Corp. II by 7.8% in the fourth quarter. Geode Capital Management LLC now owns 30,176 shares of the company's stock valued at $326,000 after acquiring an additional 2,194 shares during the period. Finally, Quarry LP acquired a new position in shares of Nabors Energy Transition Corp. II during the 4th quarter worth approximately $128,000. 75.52% of the stock is currently owned by institutional investors.
Nabors Energy Transition Corp. II Stock Performance
Shares of NETD stock remained flat at $11.05 during trading hours on Monday. The stock had a trading volume of 539 shares, compared to its average volume of 158,888. The company has a market capitalization of $421.28 million, a price-to-earnings ratio of 50.23 and a beta of -0.02. The business's fifty day moving average price is $11.00 and its 200 day moving average price is $10.90. Nabors Energy Transition Corp. II has a twelve month low of $10.53 and a twelve month high of $11.10.
Nabors Energy Transition Corp. II (NASDAQ:NETD - Get Free Report) last issued its earnings results on Wednesday, May 14th. The company reported $0.02 earnings per share (EPS) for the quarter.
Nabors Energy Transition Corp. II Company Profile
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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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