Pekin Hardy Strauss Inc. Takes Position in Cantor Equity Partners, Inc. $CEPO

Pekin Hardy Strauss Inc. purchased a new position in shares of Cantor Equity Partners, Inc. (NASDAQ:CEPO) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 19,500 shares of the company’s stock, valued at approximately $232,000. Pekin Hardy Strauss Inc. owned 0.08% of Cantor Equity Partners at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Wealthspring Capital LLC bought a new position in Cantor Equity Partners in the 1st quarter worth approximately $428,000. Tabor Asset Management LP purchased a new position in Cantor Equity Partners in the 1st quarter worth approximately $1,537,000. Context Capital Management LLC bought a new position in shares of Cantor Equity Partners in the 1st quarter worth $3,074,000. Graham Capital Wealth Management LLC purchased a new stake in shares of Cantor Equity Partners during the 1st quarter valued at $418,000. Finally, Picton Mahoney Asset Management purchased a new stake in shares of Cantor Equity Partners during the 1st quarter valued at $2,562,000.

Cantor Equity Partners Stock Performance

Shares of CEPO opened at $10.44 on Friday. Cantor Equity Partners, Inc. has a fifty-two week low of $10.04 and a fifty-two week high of $16.50. The firm has a 50 day moving average price of $10.47 and a 200-day moving average price of $11.30. The firm has a market cap of $266.22 million and a price-to-earnings ratio of 87.00.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Cantor Equity Partners in a research note on Tuesday, October 14th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

About Cantor Equity Partners

Cantor Equity Partners I, Inc is a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on November 11, 2020 and is headquartered in New York, NY.