Wolverine Asset Management LLC Makes New Investment in DT Cloud Star Acquisition Corporation $DTSQ

Key Points

• Wolverine Asset Management bought a new 4Q position of 140,506 shares of DT Cloud Star Acquisition (NASDAQ:DTSQ) worth about $1,511,000, representing roughly 1.58% ownership at quarter-end.
• Other institutional moves include Berkley W R Corp increasing holdings 69.5% to 673,926 shares (~$7.05M), Clear Street Group opening a new position (~$792K), and Gabelli Funds doubling to 168,000 shares (~$1.74M).
• DT Cloud Star’s stock trades around $11.22 (50/200-day MAs $11.10/$10.89) with a 1-year range of $10.28–$12.90, reported $0.08 EPS last quarter, and carries a consensus analyst rating of Sell.

Wolverine Asset Management LLC bought a new position in shares of DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 140,506 shares of the company's stock, valued at approximately $1,511,000. Wolverine Asset Management LLC owned approximately 1.58% of DT Cloud Star Acquisition at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Berkley W R Corp increased its holdings in shares of DT Cloud Star Acquisition by 69.5% during the third quarter. Berkley W R Corp now owns 673,926 shares of the company's stock worth $7,049,000 after buying an additional 276,278 shares in the last quarter. Clear Street Group Inc. acquired a new position in shares of DT Cloud Star Acquisition during the third quarter worth $792,000. Finally, Gabelli Funds LLC increased its holdings in shares of DT Cloud Star Acquisition by 100.0% during the second quarter. Gabelli Funds LLC now owns 168,000 shares of the company's stock worth $1,744,000 after buying an additional 84,000 shares in the last quarter.

DT Cloud Star Acquisition Stock Up 0.0%

DT Cloud Star Acquisition stock opened at $11.22 on Wednesday. The business has a 50 day moving average of $11.10 and a 200-day moving average of $10.89. DT Cloud Star Acquisition Corporation has a 1 year low of $10.28 and a 1 year high of $12.90.

DT Cloud Star Acquisition (NASDAQ:DTSQ - Get Free Report) last released its quarterly earnings data on Wednesday, March 25th. The company reported $0.08 earnings per share (EPS) for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a "sell (d)" rating on shares of DT Cloud Star Acquisition in a report on Friday, January 9th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Sell".

DT Cloud Star Acquisition Profile

DT Cloud Star Acquisition Corporation focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2022 and is based in Brooklyn, New York.

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