Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in IG Acquisition Corp. (NASDAQ:IGAC – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 400,000 shares of the company’s stock, valued at approximately $3,936,000.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings raised IG Acquisition from a “sell (e-)” rating to a “sell (e)” rating in a research note on Monday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, IG Acquisition currently has an average rating of “Sell”.
IG Acquisition Price Performance
IG Acquisition (NASDAQ:IGAC – Get Free Report) last released its quarterly earnings results on Friday, May 15th. The company reported $0.06 earnings per share (EPS) for the quarter.
IG Acquisition Company Profile
IG Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.
Recommended Stories
- Five stocks we like better than IG Acquisition
- Coke’s $10B India IPO Plan Pops the Top on Hidden Value
- FedEx Unboxes Billions in Post-Spinoff Value
- Marvell’s AI Moment Raises a Bigger Question for Amazon and ServiceNow
- Palo Alto Networks Accelerates Growth 31% on AI Demand
Want to see what other hedge funds are holding IGAC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for IG Acquisition Corp. (NASDAQ:IGAC – Free Report).
Receive News & Ratings for IG Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IG Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
