Nabors Energy Transition Corp. II (NASDAQ:NETD) Shares Purchased by Picton Mahoney Asset Management

Picton Mahoney Asset Management increased its position in shares of Nabors Energy Transition Corp. II (NASDAQ:NETD - Free Report) by 50.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 900,000 shares of the company's stock after buying an additional 300,000 shares during the period. Picton Mahoney Asset Management owned 2.36% of Nabors Energy Transition Corp. II worth $9,364,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Firethorn Wealth Partners LLC purchased a new stake in shares of Nabors Energy Transition Corp. II during the 4th quarter worth about $163,000. Meteora Capital LLC acquired a new stake in Nabors Energy Transition Corp. II in the third quarter valued at approximately $1,017,000. Levin Capital Strategies L.P. purchased a new stake in shares of Nabors Energy Transition Corp. II in the third quarter valued at approximately $1,831,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Nabors Energy Transition Corp. II during the 3rd quarter worth approximately $2,071,000. Finally, Toronto Dominion Bank purchased a new position in shares of Nabors Energy Transition Corp. II during the 3rd quarter valued at approximately $2,541,000. Hedge funds and other institutional investors own 75.52% of the company's stock.

Nabors Energy Transition Corp. II Stock Performance

NASDAQ:NETD traded down $0.01 during trading hours on Tuesday, reaching $10.51. 24,223 shares of the company were exchanged, compared to its average volume of 122,146. The stock's 50-day moving average is $10.46 and its 200-day moving average is $10.39. Nabors Energy Transition Corp. II has a twelve month low of $10.12 and a twelve month high of $11.00.

Nabors Energy Transition Corp. II Company Profile

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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