Highbridge Capital Management LLC Invests $7.25 Million in Cantor Equity Partners III, Inc. $CAEP

Highbridge Capital Management LLC acquired a new position in Cantor Equity Partners III, Inc. (NASDAQ:CAEP) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 710,419 shares of the company’s stock, valued at approximately $7,246,000. Highbridge Capital Management LLC owned 2.03% of Cantor Equity Partners III as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in the business. FNY Investment Advisers LLC increased its stake in shares of Cantor Equity Partners III by 43.9% in the third quarter. FNY Investment Advisers LLC now owns 11,997 shares of the company’s stock worth $123,000 after purchasing an additional 3,662 shares during the period. Parallax Volatility Advisers L.P. increased its stake in shares of Cantor Equity Partners III by 28.6% in the third quarter. Parallax Volatility Advisers L.P. now owns 45,000 shares of the company’s stock worth $464,000 after purchasing an additional 10,000 shares during the period. Gabelli Funds LLC bought a new position in shares of Cantor Equity Partners III in the second quarter worth about $118,000. Sandia Investment Management LP bought a new position in shares of Cantor Equity Partners III in the second quarter worth about $194,000. Finally, Radcliffe Capital Management L.P. increased its stake in shares of Cantor Equity Partners III by 7.7% in the third quarter. Radcliffe Capital Management L.P. now owns 323,190 shares of the company’s stock worth $3,335,000 after purchasing an additional 23,190 shares during the period.

Cantor Equity Partners III Stock Performance

Shares of CAEP opened at $14.77 on Friday. Cantor Equity Partners III, Inc. has a 12-month low of $10.13 and a 12-month high of $15.30. The stock’s 50-day moving average price is $11.93 and its 200 day moving average price is $10.82.

Cantor Equity Partners III (NASDAQ:CAEP) last issued its quarterly earnings results on Monday, March 16th. The company reported $0.01 earnings per share (EPS) for the quarter.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Cantor Equity Partners III from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Cantor Equity Partners III Company Profile

Cantor Equity Partners III (NASDAQ: CAEP) is a special purpose acquisition company sponsored by Cantor Fitzgerald, a leading global financial services firm headquartered in New York City. Formed through an initial public offering in 2021, the company’s sole purpose is to identify, negotiate and complete a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Cantor Equity Partners III provides its management team with the capital base to pursue attractive acquisition targets in both public and private markets.

The company focuses on sectors where its sponsors and management team have deep expertise, including financial services, technology, healthcare and other growth industries.