Pono Capital Two, Inc. (NASDAQ:PTWO) Major Shareholder Acquires $33,916.55 in Stock

Pono Capital Two, Inc. (NASDAQ:PTWO) major shareholder Co. Ltd. Zuu acquired 2,615 shares of Pono Capital Two stock in a transaction that occurred on Tuesday, April 23rd. The shares were purchased at an average cost of $12.97 per share, with a total value of $33,916.55. Following the transaction, the insider now owns 1,457,675 shares of the company’s stock, valued at approximately $18,906,044.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Co. Ltd. Zuu also recently made the following trade(s):

• On Tuesday, April 9th, Co. Ltd. Zuu purchased 1 shares of Pono Capital Two stock. The stock was bought at an average cost of $12.80 per share, with a total value of $12.80.
• On Thursday, April 11th, Co. Ltd. Zuu purchased 4 shares of Pono Capital Two stock. The stock was bought at an average cost of $12.80 per share, with a total value of $51.20.
• On Friday, April 5th, Co. Ltd. Zuu purchased 2 shares of Pono Capital Two stock. The stock was bought at an average cost of $12.80 per share, with a total value of $25.60.
• On Monday, April 1st, Co. Ltd. Zuu purchased 19,236 shares of Pono Capital Two stock. The stock was bought at an average cost of $12.80 per share, with a total value of $246,220.80.
• On Wednesday, March 27th, Co. Ltd. Zuu purchased 18 shares of Pono Capital Two stock. The stock was bought at an average cost of $12.50 per share, with a total value of $225.00.
• On Monday, March 25th, Co. Ltd. Zuu purchased 3 shares of Pono Capital Two stock. The stock was bought at an average cost of $12.50 per share, with a total value of $37.50.
• On Thursday, March 21st, Co. Ltd. Zuu acquired 1,734 shares of Pono Capital Two stock. The shares were acquired at an average cost of $12.50 per share, with a total value of $21,675.00.
• On Tuesday, March 19th, Co. Ltd. Zuu acquired 31,535 shares of Pono Capital Two stock. The shares were acquired at an average cost of $12.50 per share, with a total value of $394,187.50.
• On Monday, March 11th, Co. Ltd. Zuu acquired 1,831 shares of Pono Capital Two stock. The shares were acquired at an average cost of $12.00 per share, with a total value of $21,972.00.
• On Friday, March 8th, Co. Ltd. Zuu acquired 22 shares of Pono Capital Two stock. The shares were acquired at an average cost of $12.00 per share, with a total value of $264.00.

Pono Capital Two Stock Performance

Shares of PTWO opened at $14.00 on Friday. Pono Capital Two, Inc. has a 12-month low of $10.15 and a 12-month high of $15.00. The stock’s 50-day moving average price is $12.38 and its 200 day moving average price is $11.34.

Hedge Funds Weigh In On Pono Capital Two

An institutional investor recently raised its position in Pono Capital Two stock. Clear Street LLC grew its stake in Pono Capital Two, Inc. (NASDAQ:PTWO) by 42.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,983 shares of the company’s stock after purchasing an additional 1,183 shares during the period. Clear Street LLC owned approximately 0.07% of Pono Capital Two worth $43,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 60.82% of the company’s stock.

Pono Capital Two Company Profile

Pono Capital Two, Inc does not have any significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Pono Capital Two, Inc was incorporated in 2022 and is based in Honolulu, Hawaii.