Lincoln Capital Corp Buys New Position in Texas Ventures Acquisition III Corp $TVA

Lincoln Capital Corp purchased a new position in shares of Texas Ventures Acquisition III Corp (NASDAQ:TVA) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 50,000 shares of the company’s stock, valued at approximately $529,000. Lincoln Capital Corp owned approximately 0.17% of Texas Ventures Acquisition III at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Harraden Circle Investments LLC lifted its stake in Texas Ventures Acquisition III by 1.7% during the 2nd quarter. Harraden Circle Investments LLC now owns 1,001,393 shares of the company’s stock valued at $10,565,000 after acquiring an additional 16,393 shares in the last quarter. Governors Lane LP grew its stake in shares of Texas Ventures Acquisition III by 11.5% in the 4th quarter. Governors Lane LP now owns 468,058 shares of the company’s stock worth $4,985,000 after acquiring an additional 48,258 shares in the last quarter. DLD Asset Management LP raised its holdings in shares of Texas Ventures Acquisition III by 106.9% in the first quarter. DLD Asset Management LP now owns 197,072 shares of the company’s stock valued at $2,048,000 after purchasing an additional 101,805 shares during the last quarter. SkyView Investment Advisors LLC purchased a new stake in shares of Texas Ventures Acquisition III in the second quarter valued at about $2,021,000. Finally, Yorkville Advisors Global LP bought a new position in shares of Texas Ventures Acquisition III during the first quarter valued at about $10,910,000.

Texas Ventures Acquisition III Stock Performance

TVA stock remained flat at $10.60 during midday trading on Tuesday. The company’s stock had a trading volume of 674,347 shares, compared to its average volume of 127,114. Texas Ventures Acquisition III Corp has a twelve month low of $10.31 and a twelve month high of $11.86. The company’s 50-day moving average is $10.55 and its 200-day moving average is $10.51.

Texas Ventures Acquisition III (NASDAQ:TVA) last released its earnings results on Thursday, August 13th. The company reported $0.05 earnings per share for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Texas Ventures Acquisition III in a report on Thursday, August 27th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Texas Ventures Acquisition III Company Profile

Texas Ventures Acquisition III Corp. (NASDAQ: TVA) is a special purpose acquisition company (SPAC). The company was formed to identify and complete a business combination, such as a merger, capital stock exchange, asset acquisition, or similar transaction, with an operating business.

As a blank-check company, Texas Ventures Acquisition III does not appear to have significant ongoing operating activities, products, or services of its own. Its primary objective is to seek a suitable target company and complete a transaction that would allow the target to become a publicly traded business.

Publicly available information about the company’s specific target, geographic focus, operating history, and leadership is limited.