Wall Street Zen Upgrades SilverBox Corp IV (NYSE:SBXD) to "Hold"

SilverBox Corp IV (NYSE:SBXD - Get Free Report) was upgraded by Wall Street Zen to a "hold" rating in a note issued to investors on Friday.

SilverBox Corp IV Stock Up 0.5%

NYSE:SBXD traded up $0.06 during trading hours on Friday, reaching $11.05. The company's stock had a trading volume of 237,590 shares, compared to its average volume of 242,749. SilverBox Corp IV has a 12 month low of $9.95 and a 12 month high of $11.64. The firm has a 50 day simple moving average of $10.51.

Hedge Funds Weigh In On SilverBox Corp IV

A number of large investors have recently bought and sold shares of SBXD. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of SilverBox Corp IV during the fourth quarter worth $2,020,000. D. E. Shaw & Co. Inc. acquired a new position in shares of SilverBox Corp IV during the fourth quarter worth $8,651,000. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of SilverBox Corp IV during the fourth quarter worth $2,451,000. Wealthspring Capital LLC increased its position in shares of SilverBox Corp IV by 80.1% during the first quarter. Wealthspring Capital LLC now owns 20,755 shares of the company's stock worth $211,000 after purchasing an additional 9,232 shares in the last quarter. Finally, Wolverine Asset Management LLC acquired a new position in shares of SilverBox Corp IV during the first quarter worth $982,000.

About SilverBox Corp IV

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.