Tuttle Capital Management LLC Invests $437,000 in M3-Brigade Acquisition V Corp. $MBAV

Key Points

• Tuttle Capital Management LLC invested $437,000 in M3-Brigade Acquisition V Corp., acquiring 38,750 shares, which represents 1.8% of its portfolio.
• Wolverine Asset Management LLC increased its stake in M3-Brigade Acquisition V by 16.8%, now owning over 510,000 shares valued at approximately $5.2 million.
• Wall Street analysts have a consensus rating of "Sell" on M3-Brigade Acquisition V, with Weiss Ratings reaffirming a sell rating recently.

Tuttle Capital Management LLC acquired a new stake in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 38,750 shares of the company's stock, valued at approximately $437,000. M3-Brigade Acquisition V accounts for 1.8% of Tuttle Capital Management LLC's portfolio, making the stock its 27th largest holding. Tuttle Capital Management LLC owned 0.11% of M3-Brigade Acquisition V as of its most recent SEC filing.

Separately, Wolverine Asset Management LLC increased its stake in shares of M3-Brigade Acquisition V by 16.8% in the first quarter. Wolverine Asset Management LLC now owns 510,524 shares of the company's stock worth $5,243,000 after purchasing an additional 73,266 shares in the last quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a "sell (d)" rating on shares of M3-Brigade Acquisition V in a report on Tuesday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of "Sell".

M3-Brigade Acquisition V Stock Performance

NASDAQ:MBAV opened at $10.56 on Wednesday. M3-Brigade Acquisition V Corp. has a 52 week low of $10.01 and a 52 week high of $13.73. The company has a fifty day simple moving average of $10.55 and a two-hundred day simple moving average of $10.80.

About M3-Brigade Acquisition V

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.

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