Clear Street Group Inc. Lowers Position in Cohen Circle Acquisition Corp. II $CCII

Clear Street Group Inc. reduced its stake in Cohen Circle Acquisition Corp. II (NASDAQ:CCII) by 80.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 84,726 shares of the company’s stock after selling 343,898 shares during the quarter. Clear Street Group Inc.’s holdings in Cohen Circle Acquisition Corp. II were worth $868,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Cohen Circle Acquisition Corp. II in the 4th quarter valued at $3,584,000. L1 Global Manager Pty Ltd purchased a new stake in Cohen Circle Acquisition Corp. II in the 4th quarter valued at $512,000. Mint Tower Capital Management B.V. purchased a new stake in Cohen Circle Acquisition Corp. II in the 4th quarter valued at $4,096,000. Berkley W R Corp raised its position in Cohen Circle Acquisition Corp. II by 0.9% in the 4th quarter. Berkley W R Corp now owns 525,621 shares of the company’s stock valued at $5,382,000 after buying an additional 4,709 shares during the last quarter. Finally, DLD Asset Management LP increased its position in shares of Cohen Circle Acquisition Corp. II by 6.7% during the 4th quarter. DLD Asset Management LP now owns 200,000 shares of the company’s stock valued at $2,048,000 after purchasing an additional 12,500 shares during the last quarter.

Cohen Circle Acquisition Corp. II Stock Down 0.2%

Shares of NASDAQ CCII opened at $10.30 on Tuesday. Cohen Circle Acquisition Corp. II has a 52 week low of $10.07 and a 52 week high of $10.47. The business has a 50-day moving average of $10.26.

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) last issued its earnings results on Wednesday, March 25th. The company reported $0.07 EPS for the quarter.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Wall Street Zen raised Cohen Circle Acquisition Corp. II to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings raised Cohen Circle Acquisition Corp. II from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

About Cohen Circle Acquisition Corp. II

Cohen Circle Acquisition Corp. II (NASDAQ: CCII) is a special purpose acquisition company (SPAC) that is publicly listed on the Nasdaq stock exchange. As a blank?check vehicle, its primary role is to raise capital from public-market investors and use those proceeds to complete a business combination with one or more operating companies. The company structure is intended to provide a faster and potentially more cost?effective route for private businesses to access public markets through a merger or similar transaction.

The firm’s principal activities center on identifying, negotiating and executing a qualifying business combination, which can take the form of a merger, asset acquisition, stock purchase, reorganization or other strategic transaction.