Mosaic Acquisition Corp. (NASDAQ:MOSC) shares saw unusually-high trading volume on Thursday . Approximately 105 shares traded hands during trading, a decline of 100% from the previous session’s volume of 297,887 shares.The stock last traded at $10.23 and had previously closed at $10.23.
Separately, Imperial Capital initiated coverage on shares of Mosaic Acquisition in a research report on Wednesday, October 16th. They set an “outperform” rating and a $12.00 target price on the stock.
In other Mosaic Acquisition news, CEO David M. Maura bought 24,812 shares of the business’s stock in a transaction on Monday, October 7th. The shares were bought at an average cost of $10.31 per share, for a total transaction of $255,811.72.
Several hedge funds have recently made changes to their positions in MOSC. Alberta Investment Management Corp increased its stake in shares of Mosaic Acquisition by 58.8% in the 3rd quarter. Alberta Investment Management Corp now owns 1,349,999 shares of the company’s stock valued at $13,945,000 after acquiring an additional 500,000 shares during the last quarter. Mizuho Securities USA LLC bought a new stake in shares of Mosaic Acquisition in the 3rd quarter valued at about $516,000. Finally, Alpine Group USVI LLC bought a new stake in shares of Mosaic Acquisition in the 3rd quarter valued at about $103,000.
Mosaic Acquisition Company Profile (NASDAQ:MOSC)
Mosaic Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2017 and is based in New York, New York.
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