Wealthspring Capital LLC Buys Shares of 240,460 M3-Brigade Acquisition V Corp. $MBAV

Wealthspring Capital LLC bought a new stake in shares of M3-Brigade Acquisition V Corp. (NASDAQ:MBAV) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 240,460 shares of the company’s stock, valued at approximately $2,715,000. Wealthspring Capital LLC owned about 0.67% of M3-Brigade Acquisition V at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Tuttle Capital Management LLC purchased a new stake in M3-Brigade Acquisition V during the second quarter valued at approximately $437,000. Levin Capital Strategies L.P. purchased a new stake in M3-Brigade Acquisition V during the second quarter valued at approximately $538,000. Finally, Wolverine Asset Management LLC increased its holdings in M3-Brigade Acquisition V by 16.8% during the first quarter. Wolverine Asset Management LLC now owns 510,524 shares of the company’s stock valued at $5,243,000 after buying an additional 73,266 shares during the last quarter.

M3-Brigade Acquisition V Price Performance

Shares of NASDAQ MBAV opened at $10.54 on Wednesday. The firm has a fifty day moving average price of $10.56 and a 200-day moving average price of $10.84. M3-Brigade Acquisition V Corp. has a 1 year low of $10.01 and a 1 year high of $13.73.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of M3-Brigade Acquisition V in a report on Tuesday, October 14th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

M3-Brigade Acquisition V Profile

M3-Brigade Acquisition V Corp. is a blank check company. It formed for the purpose of effecting a merger, consolidation, capital stock exchange, share exchange, asset acquisition, share purchase, stock purchase, reorganization or similar business combination with one or more businesses. M3-Brigade Acquisition V Corp.