Highbridge Capital Management LLC Takes $14.89 Million Position in Cantor Equity Partners II Inc. $CEPT

Highbridge Capital Management LLC acquired a new position in Cantor Equity Partners II Inc. (NASDAQ:CEPT) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,321,945 shares of the company’s stock, valued at approximately $14,885,000.

Several other hedge funds and other institutional investors have also modified their holdings of CEPT. Jane Street Group LLC acquired a new stake in shares of Cantor Equity Partners II in the second quarter worth $7,682,000. Conversant Capital LLC acquired a new stake in shares of Cantor Equity Partners II in the second quarter worth $4,412,000. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new stake in shares of Cantor Equity Partners II in the second quarter worth $3,309,000. Whitebox Advisors LLC acquired a new stake in shares of Cantor Equity Partners II in the second quarter worth $3,309,000. Finally, Harraden Circle Investments LLC grew its stake in shares of Cantor Equity Partners II by 10.7% in the third quarter. Harraden Circle Investments LLC now owns 2,440,394 shares of the company’s stock worth $25,649,000 after acquiring an additional 236,050 shares during the last quarter.

Cantor Equity Partners II Price Performance

CEPT opened at $12.14 on Friday. Cantor Equity Partners II Inc. has a fifty-two week low of $10.32 and a fifty-two week high of $14.05. The firm’s fifty day moving average price is $11.78 and its two-hundred day moving average price is $11.46. The company has a market capitalization of $371.24 million and a P/E ratio of -110.36.

Cantor Equity Partners II (NASDAQ:CEPT) last posted its quarterly earnings results on Friday, May 8th. The company reported $0.08 earnings per share for the quarter. The business had revenue of $3.88 million for the quarter.

Analysts Set New Price Targets

Several brokerages have recently issued reports on CEPT. Benchmark began coverage on shares of Cantor Equity Partners II in a research note on Tuesday, March 31st. They issued a “buy” rating and a $16.00 price objective on the stock. Weiss Ratings upgraded shares of Cantor Equity Partners II from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $16.00.

About Cantor Equity Partners II

Cantor Equity Partners II (NASDAQ: CEPT) is a closed-end management investment company that focuses on providing customized capital solutions to private, middle-market companies in the United States. Listed on the Nasdaq, CEPT seeks to deliver attractive risk-adjusted returns by investing across a spectrum of debt and equity instruments. Its portfolio may include senior secured loans, subordinated and mezzanine debt, preferred equity, and common equity, allowing it to tailor financing structures to meet the specific growth, acquisition or recapitalization needs of its portfolio companies.

As a business development company registered under the Investment Company Act of 1940, CEPT targets U.S.