Sona Asset Management US LLC purchased a new stake in Kochav Defense Acquisition Corp. (NASDAQ:KCHV – Free Report) in the first quarter, Holdings Channel reports. The firm purchased 175,122 shares of the company’s stock, valued at approximately $1,795,000.
A number of other institutional investors have also made changes to their positions in KCHV. Virtu Financial LLC bought a new position in Kochav Defense Acquisition during the fourth quarter worth $143,000. Jain Global LLC bought a new stake in Kochav Defense Acquisition during the fourth quarter valued at $674,000. Stoic Point Capital Management LLC acquired a new stake in shares of Kochav Defense Acquisition during the fourth quarter worth $682,000. DLD Asset Management LP raised its holdings in shares of Kochav Defense Acquisition by 33.3% during the fourth quarter. DLD Asset Management LP now owns 133,333 shares of the company’s stock worth $1,352,000 after purchasing an additional 33,333 shares during the period. Finally, Schonfeld Strategic Advisors LLC lifted its position in shares of Kochav Defense Acquisition by 8.0% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 269,980 shares of the company’s stock worth $2,738,000 after buying an additional 19,980 shares during the last quarter.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Kochav Defense Acquisition in a research report on Thursday, July 2nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.
Kochav Defense Acquisition Stock Performance
Shares of NASDAQ KCHV opened at $10.39 on Monday. Kochav Defense Acquisition Corp. has a 12-month low of $10.00 and a 12-month high of $10.40. The business has a 50 day moving average of $10.36.
Kochav Defense Acquisition (NASDAQ:KCHV – Get Free Report) last issued its quarterly earnings data on Monday, March 30th. The company reported $0.11 EPS for the quarter.
About Kochav Defense Acquisition
We are a newly organized blank check company originally formed as Cayman Islands exempted company on January 7, 2025 for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.
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