American Exceptionalism Acquisition Corp. $AEXA Shares Sold by Sculptor Capital LP

Sculptor Capital LP lowered its holdings in American Exceptionalism Acquisition Corp. (NYSE:AEXA) by 15.5% during the first quarter, HoldingsChannel reports. The fund owned 844,667 shares of the company’s stock after selling 155,333 shares during the period. Sculptor Capital LP’s holdings in American Exceptionalism Acquisition were worth $9,148,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in AEXA. Scientech Research LLC acquired a new stake in shares of American Exceptionalism Acquisition during the 3rd quarter worth about $134,000. Clearline Capital LP acquired a new position in American Exceptionalism Acquisition in the fourth quarter valued at approximately $155,000. Kestra Advisory Services LLC acquired a new position in American Exceptionalism Acquisition in the fourth quarter valued at approximately $181,000. Virtu Financial LLC purchased a new position in American Exceptionalism Acquisition in the third quarter valued at approximately $509,000. Finally, ADAR1 Capital Management LLC acquired a new stake in American Exceptionalism Acquisition during the third quarter worth approximately $546,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of American Exceptionalism Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research report on Monday, June 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

American Exceptionalism Acquisition Stock Performance

Shares of AEXA stock opened at $11.62 on Monday. The stock’s 50-day moving average is $11.52 and its two-hundred day moving average is $11.37. The firm has a market cap of $574.79 million and a price-to-earnings ratio of 193.68. American Exceptionalism Acquisition Corp. has a 1 year low of $10.49 and a 1 year high of $11.99.

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.