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Gabelli Funds LLC Acquires New Shares in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV)

Gabelli Funds LLC Acquires New Shares in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV)

Gabelli Funds LLC purchased a new stake in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 42,500 shares of the company's stock, valued at approximately $428,000. Gabelli Funds LLC owned approximately 0.12% of M3-Brigade Acquisition V as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. TrueMark Investments LLC bought a new stake in M3-Brigade Acquisition V in the fourth quarter worth $101,000. Wealthspring Capital LLC acquired a new position in M3-Brigade Acquisition V in the 4th quarter valued at $170,000. Periscope Capital Inc. bought a new position in M3-Brigade Acquisition V in the 4th quarter worth $2,012,000. Schechter Investment Advisors LLC acquired a new position in M3-Brigade Acquisition V during the 4th quarter worth $2,637,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in M3-Brigade Acquisition V during the fourth quarter valued at about $4,024,000.

M3-Brigade Acquisition V Stock Performance

Shares of M3-Brigade Acquisition V stock traded down $0.03 during trading on Friday, hitting $10.27. 22,300 shares of the company's stock traded hands, compared to its average volume of 22,394. The business's fifty day simple moving average is $10.20. M3-Brigade Acquisition V Corp. has a twelve month low of $9.97 and a twelve month high of $10.53.

M3-Brigade Acquisition V Company Profile

(Free Report)

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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Institutional Ownership by Quarter for M3-Brigade Acquisition V (NASDAQ:MBAV)

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