Linden Advisors LP Invests $5.28 Million in Cantor Equity Partners III, Inc. $CAEP

Linden Advisors LP acquired a new position in Cantor Equity Partners III, Inc. (NASDAQ:CAEP) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 500,000 shares of the company’s stock, valued at approximately $5,275,000.

Other hedge funds have also recently added to or reduced their stakes in the company. FNY Investment Advisers LLC acquired a new position in Cantor Equity Partners III during the 2nd quarter worth $87,000. Waratah Capital Advisors Ltd. acquired a new position in shares of Cantor Equity Partners III during the second quarter valued at $106,000. Timelo Investment Management Inc. bought a new stake in shares of Cantor Equity Partners III during the second quarter valued at about $106,000. Fort Baker Capital Management LP acquired a new stake in Cantor Equity Partners III in the second quarter worth about $106,000. Finally, Gabelli Funds LLC acquired a new stake in Cantor Equity Partners III in the second quarter worth about $118,000.

Cantor Equity Partners III Stock Performance

CAEP opened at $10.20 on Friday. Cantor Equity Partners III, Inc. has a one year low of $10.17 and a one year high of $11.09. The stock has a fifty day moving average price of $10.41.

Cantor Equity Partners III (NASDAQ:CAEP) last announced its earnings results on Friday, November 14th. The company reported $0.08 earnings per share for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Cantor Equity Partners III in a research note on Monday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Cantor Equity Partners III currently has an average rating of “Sell”.

Cantor Equity Partners III Profile

We are a blank check company incorporated on November 11, 2020 as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.