Jackson Acquisition Company II (NYSE:JACS) Given Sell (D-) Rating at Weiss Ratings

Weiss Ratings reiterated their sell (d-) rating on shares of Jackson Acquisition Company II (NYSE:JACS) in a report issued on Tuesday,Weiss Ratings reports.

Jackson Acquisition Company II Stock Up 0.3%

JACS opened at $10.42 on Tuesday. Jackson Acquisition Company II has a 12 month low of $9.94 and a 12 month high of $10.41. The firm’s fifty day simple moving average is $10.36 and its 200 day simple moving average is $10.27.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Jackson Acquisition Company II during the 2nd quarter worth approximately $1,030,000. BCK Capital Management LP bought a new position in shares of Jackson Acquisition Company II during the 2nd quarter worth approximately $1,030,000. Wolverine Asset Management LLC grew its stake in Jackson Acquisition Company II by 160.2% in the 1st quarter. Wolverine Asset Management LLC now owns 338,300 shares of the company’s stock valued at $3,407,000 after buying an additional 208,300 shares during the last quarter. Berkley W R Corp grew its stake in Jackson Acquisition Company II by 40.3% in the 2nd quarter. Berkley W R Corp now owns 346,265 shares of the company’s stock valued at $3,567,000 after buying an additional 99,390 shares during the last quarter. Finally, Goldman Sachs Group Inc. acquired a new position in Jackson Acquisition Company II in the 1st quarter valued at about $3,624,000.

About Jackson Acquisition Company II

Jackson Acquisition Co II operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on September 11, 2024 and is headquartered in Alpharetta, GA.