American Exceptionalism Acquisition Corp. $AEXA Shares Sold by Aristeia Capital L.L.C.

Aristeia Capital L.L.C. reduced its stake in shares of American Exceptionalism Acquisition Corp. (NYSE:AEXA) by 72.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 217,242 shares of the company’s stock after selling 577,458 shares during the quarter. Aristeia Capital L.L.C.’s holdings in American Exceptionalism Acquisition were worth $2,474,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in AEXA. JPMorgan Chase & Co. bought a new stake in American Exceptionalism Acquisition in the third quarter valued at $2,325,000. Alberta Investment Management Corp acquired a new stake in shares of American Exceptionalism Acquisition in the 3rd quarter worth about $12,023,000. Graham Capital Wealth Management LLC bought a new stake in American Exceptionalism Acquisition in the 3rd quarter valued at about $463,000. Highbridge Capital Management LLC acquired a new position in American Exceptionalism Acquisition during the 3rd quarter valued at about $2,323,000. Finally, MMCAP International Inc. SPC acquired a new position in American Exceptionalism Acquisition during the 3rd quarter valued at about $6,898,000.

Analysts Set New Price Targets

Separately, Weiss Ratings raised American Exceptionalism Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday, June 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

American Exceptionalism Acquisition Stock Up 1.0%

AEXA stock opened at $11.37 on Thursday. The company has a 50-day simple moving average of $11.30 and a 200 day simple moving average of $11.28. The company has a market capitalization of $562.36 million and a P/E ratio of 189.50. American Exceptionalism Acquisition Corp. has a fifty-two week low of $10.49 and a fifty-two week high of $11.91.

About American Exceptionalism Acquisition

We are led by Chamath Palihapitiya, the founder and Managing Partner of Social Capital. Like Social Capital, the company is formed to confront the world’s hardest problems. Although these problems have evolved over the past decade, our approach remains the same—with a dedication to first principles thinking, deep technological understanding and a willingness to be contrarian to consensus. — We intend to find companies that operate in sectors that we believe will be instrumental in maintaining U.S.