Wealthspring Capital LLC acquired a new stake in shares of Aldel Financial II Inc. (NASDAQ:ALDF – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 712,513 shares of the company’s stock, valued at approximately $7,717,000. Aldel Financial II accounts for approximately 1.7% of Wealthspring Capital LLC’s investment portfolio, making the stock its 11th largest holding.
Separately, Sona Asset Management US LLC purchased a new stake in Aldel Financial II in the first quarter worth $591,000.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Aldel Financial II in a research note on Wednesday, October 21st. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.
View Our Latest Stock Report on Aldel Financial II
Aldel Financial II Price Performance
NASDAQ ALDF opened at $10.75 on Monday. Aldel Financial II Inc. has a 52 week low of $10.48 and a 52 week high of $10.98. The firm’s 50-day simple moving average is $10.83 and its two-hundred day simple moving average is $10.69.
Aldel Financial II (NASDAQ:ALDF – Get Free Report) last issued its earnings results on Tuesday, November 3rd. The company reported $0.06 earnings per share for the quarter.
Aldel Financial II Company Profile
Featured Stories
- Five stocks we like better than Aldel Financial II
- Lemonade’s Revenue Soars 73%—So Why Did Its Stock Turn Sour After Earnings?
- Anthropic’s S-1 Strengthens the Case for Broadcom’s AI Growth
- After the Midterms, Which of These 3 Defense ETFs Looks Strongest?
- The Ugly Truth Behind SoundHound’s Q3 Results
Want to see what other hedge funds are holding ALDF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aldel Financial II Inc. (NASDAQ:ALDF – Free Report).
Receive News & Ratings for Aldel Financial II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aldel Financial II and related companies with MarketBeat.com's FREE daily email newsletter.
