North Capital Inc. Makes New $67,000 Investment in HCM II Acquisition Corp. $HOND

North Capital Inc. purchased a new position in HCM II Acquisition Corp. (NASDAQ:HOND) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 6,000 shares of the company’s stock, valued at approximately $67,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Patriot Financial Group Insurance Agency LLC purchased a new stake in HCM II Acquisition during the second quarter valued at approximately $209,000. Mizuho Securities USA LLC purchased a new stake in shares of HCM II Acquisition in the first quarter valued at $271,000. FNY Investment Advisers LLC lifted its holdings in shares of HCM II Acquisition by 41,400.0% in the 2nd quarter. FNY Investment Advisers LLC now owns 41,500 shares of the company’s stock worth $460,000 after acquiring an additional 41,400 shares during the last quarter. DLD Asset Management LP bought a new position in HCM II Acquisition during the 1st quarter valued at about $2,416,000. Finally, Context Capital Management LLC purchased a new stake in HCM II Acquisition in the 1st quarter worth about $3,156,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of HCM II Acquisition in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

HCM II Acquisition Stock Performance

Shares of HCM II Acquisition stock opened at $18.04 on Friday. The stock’s fifty day moving average price is $16.50 and its 200-day moving average price is $13.06. HCM II Acquisition Corp. has a 12 month low of $9.97 and a 12 month high of $31.50.

HCM II Acquisition Company Profile

HCM II Acquisition Corp. operates as a blank check company. It was formed for the purpose of entering into a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on April 4, 2024 and is headquartered in Stamford, CT.