SilverBox Corp IV (NYSE:SBXD) Given Sell (D-) Rating at Weiss Ratings

Key Points

• Weiss Ratings has reaffirmed a "sell (D-)" rating for SilverBox Corp IV (NYSE:SBXD), indicating a negative outlook for the company's stock.
• Despite the sell rating from Weiss Ratings, Wall Street Zen has upgraded SilverBox Corp IV to a "hold" rating, reflecting mixed analyst sentiments.
• SilverBox Corp IV's stock opened at $10.49 and has seen significant trading activity from institutional investors, with some increasing their stakes by up to 200% in the last quarter.

SilverBox Corp IV (NYSE:SBXD - Get Free Report)'s stock had its "sell (d-)" rating restated by equities researchers at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen raised shares of SilverBox Corp IV to a "hold" rating in a research note on Friday, June 27th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of "Sell".

SilverBox Corp IV Trading Down 0.0%

SBXD opened at $10.49 on Wednesday. The firm has a 50-day moving average price of $10.49 and a 200-day moving average price of $10.50. SilverBox Corp IV has a twelve month low of $9.98 and a twelve month high of $11.64.

SilverBox Corp IV (NYSE:SBXD - Get Free Report) last posted its earnings results on Tuesday, August 12th. The company reported $0.06 earnings per share for the quarter.

Hedge Funds Weigh In On SilverBox Corp IV

A number of hedge funds and other institutional investors have recently bought and sold shares of SBXD. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in SilverBox Corp IV by 200.0% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 600,000 shares of the company's stock worth $6,361,000 after buying an additional 400,000 shares in the last quarter. Radcliffe Capital Management L.P. purchased a new position in SilverBox Corp IV in the 2nd quarter worth approximately $1,699,000. DLD Asset Management LP purchased a new position in SilverBox Corp IV in the 1st quarter worth approximately $1,018,000. Federated Hermes Inc. purchased a new position in SilverBox Corp IV in the 2nd quarter worth approximately $1,081,000. Finally, Wolverine Asset Management LLC purchased a new position in SilverBox Corp IV in the 1st quarter worth approximately $982,000.

SilverBox Corp IV Company Profile

Silverbox Corp. IV is a blank check company. It was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on April 16, 2024 and is headquartered in Austin, TX.

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