Hiddenite Capital Partners LP Lowers Position in Willow Lane Acquisition Corp. – Class A Ordinary Shares $WLAC

Hiddenite Capital Partners LP decreased its position in Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) by 19.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 641,538 shares of the company’s stock after selling 158,462 shares during the period. Willow Lane Acquisition Corp. – Class A Ordinary Shares comprises 1.1% of Hiddenite Capital Partners LP’s portfolio, making the stock its 22nd largest holding. Hiddenite Capital Partners LP’s holdings in Willow Lane Acquisition Corp. – Class A Ordinary Shares were worth $8,109,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. FNY Investment Advisers LLC boosted its holdings in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares by 30.0% in the fourth quarter. FNY Investment Advisers LLC now owns 250,782 shares of the company’s stock valued at $3,169,000 after acquiring an additional 57,901 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in the third quarter valued at about $172,000. Yorkville Advisors Global LP purchased a new stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in the third quarter valued at about $6,033,000. Sona Asset Management US LLC purchased a new stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in the third quarter valued at about $2,316,000. Finally, Potrero Capital Research LLC purchased a new stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in the third quarter valued at about $2,631,000.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in a report on Thursday, April 2nd. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $17.00.

Willow Lane Acquisition Corp. – Class A Ordinary Shares Price Performance

WLAC stock opened at $18.83 on Friday. Willow Lane Acquisition Corp. – Class A Ordinary Shares has a 52 week low of $10.07 and a 52 week high of $21.00. The company’s 50-day moving average price is $13.41 and its 200 day moving average price is $12.41.

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) last released its quarterly earnings data on Thursday, February 19th. The company reported $0.01 EPS for the quarter.

About Willow Lane Acquisition Corp. – Class A Ordinary Shares

Willow Lane Acquisition Corp. is a special purpose acquisition company incorporated in Delaware and listed on the Nasdaq under the ticker WLAC. As a blank check vehicle, the company does not conduct operations of its own but instead seeks to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more operating businesses.

The company was sponsored by Willow Lane Capital Partners, an investment firm with a focus on private equity and corporate development.