Virtu Financial LLC Buys 33,490 Shares of Nabors Energy Transition Corp. II (NASDAQ:NETD)

Virtu Financial LLC boosted its stake in shares of Nabors Energy Transition Corp. II (NASDAQ:NETD) by 319.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,976 shares of the company’s stock after acquiring an additional 33,490 shares during the period. Virtu Financial LLC owned 0.12% of Nabors Energy Transition Corp. II worth $482,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Toronto Dominion Bank acquired a new stake in shares of Nabors Energy Transition Corp. II during the 4th quarter worth $13,661,000. Centiva Capital LP bought a new stake in Nabors Energy Transition Corp. II during the fourth quarter worth about $1,959,000. Wolverine Asset Management LLC lifted its position in Nabors Energy Transition Corp. II by 26.1% during the first quarter. Wolverine Asset Management LLC now owns 799,764 shares of the company’s stock worth $8,757,000 after purchasing an additional 165,290 shares during the period. Mizuho Securities USA LLC grew its stake in Nabors Energy Transition Corp. II by 49.0% during the first quarter. Mizuho Securities USA LLC now owns 408,804 shares of the company’s stock worth $4,456,000 after buying an additional 134,501 shares in the last quarter. Finally, Berkley W R Corp increased its holdings in Nabors Energy Transition Corp. II by 15.7% in the 4th quarter. Berkley W R Corp now owns 565,987 shares of the company’s stock valued at $6,113,000 after buying an additional 76,721 shares during the period. Institutional investors own 75.52% of the company’s stock.

Insider Activity

In other news, major shareholder Mizuho Securities Usa Llc sold 565,000 shares of the business’s stock in a transaction on Tuesday, July 22nd. The stock was sold at an average price of $11.18, for a total transaction of $6,316,700.00. Following the completion of the transaction, the insider owned 1,235,000 shares of the company’s stock, valued at approximately $13,807,300. The trade was a 31.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 20.00% of the company’s stock.

Nabors Energy Transition Corp. II Trading Up 0.4%

Shares of NASDAQ:NETD opened at $11.31 on Thursday. The firm has a 50 day moving average of $11.15 and a 200-day moving average of $11.03. Nabors Energy Transition Corp. II has a 12 month low of $10.57 and a 12 month high of $11.47. The stock has a market capitalization of $431.14 million, a PE ratio of 51.41 and a beta of -0.02.

Nabors Energy Transition Corp. II (NASDAQ:NETD) last announced its quarterly earnings data on Wednesday, May 14th. The company reported $0.02 earnings per share (EPS) for the quarter.

About Nabors Energy Transition Corp. II

Nabors Energy Transition Corp. II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to identify solutions, opportunities, companies, or technologies that focus on advancing the energy transition that facilitate, improve, or complement the reduction of carbon or greenhouse gas emissions.