Wealthspring Capital LLC trimmed its position in shares of NewHold Investment Corp IV (NASDAQ:NHIV – Free Report) by 9.3% during the third quarter, Holdings Channel.com reports. The institutional investor owned 521,656 shares of the company’s stock after selling 53,393 shares during the period. NewHold Investment Corp IV accounts for 1.2% of Wealthspring Capital LLC’s investment portfolio, making the stock its 24th largest holding. Wealthspring Capital LLC’s holdings in NewHold Investment Corp IV were worth $5,243,000 at the end of the most recent quarter.
Separately, Moore Capital Management LP acquired a new stake in shares of NewHold Investment Corp IV in the second quarter valued at approximately $7,000,000.
NewHold Investment Corp IV Stock Performance
NewHold Investment Corp IV stock opened at $9.97 on Monday. NewHold Investment Corp IV has a 12 month low of $9.80 and a 12 month high of $11.50. The company has a 50 day moving average price of $10.10.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings started coverage on shares of NewHold Investment Corp IV in a report on Tuesday, September 1st. They issued a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating. According to MarketBeat, NewHold Investment Corp IV has a consensus rating of “Sell”.
Check Out Our Latest Report on NHIV
About NewHold Investment Corp IV
NewHold Investment Corp IV (NASDAQ: NHIV) is a special purpose acquisition company (SPAC) formed to identify and complete a merger, acquisition, or similar business combination with one or more operating companies.
As a blank-check company, NewHold Investment Corp IV does not operate a traditional business and does not offer products or services to customers. Its activities are primarily focused on evaluating potential acquisition targets and pursuing a transaction that could result in a combined operating company.
Publicly available information about the company’s target industry, geographic focus, completed transactions, and leadership is limited.
Featured Articles
- Five stocks we like better than NewHold Investment Corp IV
- 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 NHIV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NewHold Investment Corp IV (NASDAQ:NHIV – Free Report).
Receive News & Ratings for NewHold Investment Corp IV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NewHold Investment Corp IV and related companies with MarketBeat.com's FREE daily email newsletter.
