American Exceptionalism Acquisition (NYSE:AEXA) Announces Quarterly Earnings Results

American Exceptionalism Acquisition (NYSE:AEXA) announced its quarterly earnings results on Friday. The company reported $0.06 earnings per share (EPS) for the quarter, FiscalAI reports.

American Exceptionalism Acquisition Trading Up 0.3%

Shares of AEXA traded up $0.04 on Friday, reaching $10.79. 358,713 shares of the company’s stock traded hands, compared to its average volume of 304,928. The stock’s 50 day simple moving average is $10.96 and its two-hundred day simple moving average is $11.27. The stock has a market cap of $533.44 million, a PE ratio of 89.88 and a beta of 0.47. American Exceptionalism Acquisition has a 52-week low of $10.49 and a 52-week high of $11.99.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded American Exceptionalism Acquisition from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, August 20th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Graham Capital Wealth Management LLC increased its position in shares of American Exceptionalism Acquisition by 18.6% during the 3rd quarter. Graham Capital Wealth Management LLC now owns 1,114,015 shares of the company’s stock valued at $12,410,000 after purchasing an additional 174,672 shares during the last quarter. Berkley W R Corp raised its position in American Exceptionalism Acquisition by 7.5% in the first quarter. Berkley W R Corp now owns 421,159 shares of the company’s stock worth $4,561,000 after acquiring an additional 29,445 shares during the period. DLD Asset Management LP boosted its stake in American Exceptionalism Acquisition by 31.7% in the first quarter. DLD Asset Management LP now owns 111,841 shares of the company’s stock valued at $1,211,000 after acquiring an additional 26,889 shares during the last quarter. Lineage Point Capital LP boosted its stake in American Exceptionalism Acquisition by 12.4% in the second quarter. Lineage Point Capital LP now owns 60,132 shares of the company’s stock valued at $711,000 after acquiring an additional 6,611 shares during the last quarter. Finally, Kestra Advisory Services LLC boosted its stake in American Exceptionalism Acquisition by 9.4% in the third quarter. Kestra Advisory Services LLC now owns 57,150 shares of the company’s stock valued at $637,000 after acquiring an additional 4,900 shares during the last quarter.

About American Exceptionalism Acquisition

American Exceptionalism Acquisition is a special purpose acquisition company, or SPAC, formed to pursue a business combination with one or more operating businesses. Its primary purpose is to identify and complete a merger, acquisition, or similar transaction. Like other SPACs, the company does not have an established portfolio of products or services of its own. Its business activities are centered on evaluating potential acquisition candidates and negotiating a transaction. Information about a completed business combination, specific target industries, operating geographies, or company leadership was not available to include here.