Radcliffe Capital Management L.P. Has $2.21 Million Stock Position in Stellar V Capital Corp. $SVCC

Radcliffe Capital Management L.P. lifted its position in Stellar V Capital Corp. (NASDAQ:SVCC) by 84.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 213,002 shares of the company’s stock after buying an additional 97,687 shares during the period. Radcliffe Capital Management L.P. owned about 0.99% of Stellar V Capital worth $2,208,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in SVCC. Clear Street Group Inc. grew its stake in Stellar V Capital by 5,916.0% in the fourth quarter. Clear Street Group Inc. now owns 117,853 shares of the company’s stock valued at $1,222,000 after acquiring an additional 115,894 shares during the period. Shaolin Capital Management LLC bought a new stake in shares of Stellar V Capital in the second quarter worth about $2,044,000. Verition Fund Management LLC raised its position in shares of Stellar V Capital by 26.5% during the fourth quarter. Verition Fund Management LLC now owns 202,411 shares of the company’s stock worth $2,098,000 after purchasing an additional 42,394 shares during the period. Moore Capital Management LP acquired a new stake in shares of Stellar V Capital during the second quarter worth about $2,558,000. Finally, L1 Global Manager Pty Ltd bought a new position in shares of Stellar V Capital during the 4th quarter valued at about $2,850,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Stellar V Capital in a research report on Friday, March 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Stellar V Capital has a consensus rating of “Sell”.

Stellar V Capital Trading Up 0.2%

Shares of NASDAQ SVCC opened at $10.57 on Wednesday. The company has a fifty day moving average price of $10.51 and a 200 day moving average price of $10.44. The firm has a market cap of $228.42 million, a PE ratio of 40.66 and a beta of 0.03. Stellar V Capital Corp. has a 1-year low of $10.18 and a 1-year high of $10.57.

Stellar V Capital (NASDAQ:SVCC) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.06 EPS for the quarter.

Stellar V Capital Profile

We are a blank check company incorporated on July 12, 2024 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. We have not selected any specific business combination target, and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.