Newtyn Management LLC Buys New Holdings in Inflection Point Acquisition Corp. II (NASDAQ:IPXX)

Newtyn Management LLC purchased a new stake in shares of Inflection Point Acquisition Corp. II (NASDAQ:IPXX - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 700,000 shares of the company's stock, valued at approximately $8,036,000. Inflection Point Acquisition Corp. II makes up approximately 1.4% of Newtyn Management LLC's portfolio, making the stock its 20th biggest position. Newtyn Management LLC owned about 2.24% of Inflection Point Acquisition Corp. II as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of IPXX. Decagon Asset Management LLP bought a new position in shares of Inflection Point Acquisition Corp. II during the fourth quarter valued at $8,724,000. Harraden Circle Investments LLC purchased a new stake in shares of Inflection Point Acquisition Corp. II during the fourth quarter valued at $8,036,000. Finally, Geode Capital Management LLC boosted its position in shares of Inflection Point Acquisition Corp. II by 62.4% during the third quarter. Geode Capital Management LLC now owns 24,962 shares of the company's stock valued at $268,000 after buying an additional 9,596 shares during the last quarter.

Inflection Point Acquisition Corp. II Stock Up 3.3%

Shares of IPXX stock traded up $0.31 during trading hours on Monday, reaching $9.77. 566,819 shares of the company traded hands, compared to its average volume of 130,419. Inflection Point Acquisition Corp. II has a 12-month low of $9.24 and a 12-month high of $15.25. The firm has a 50-day moving average price of $10.36 and a 200 day moving average price of $11.21.

Analysts Set New Price Targets

Separately, Benchmark raised Inflection Point Acquisition Corp. II to a "strong-buy" rating in a research report on Thursday, February 27th.

Inflection Point Acquisition Corp. II Company Profile

Inflection Point Acquisition Corp. II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in New York, New York.