Live Oak Acquisition (NASDAQ:LOKV – Get Free Report) was upgraded by analysts at Zacks Research to a “hold” rating in a note issued to investors on Wednesday,Zacks.com reports.
Several other research analysts have also recently issued reports on the company. Compass Point assumed coverage on Live Oak Acquisition in a research report on Monday, May 11th. They set a “buy” rating and a $13.50 price objective for the company. Weiss Ratings assumed coverage on Live Oak Acquisition in a report on Friday, May 8th. They issued a “sell (d-)” rating for the company. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $13.50.
Read Our Latest Report on LOKV
Live Oak Acquisition Trading Up 0.4%
Live Oak Acquisition (NASDAQ:LOKV – Get Free Report) last released its quarterly earnings data on Monday, March 30th. The company reported ($0.57) earnings per share (EPS) for the quarter. The firm had revenue of ($12.99) million during the quarter. As a group, equities research analysts expect that Live Oak Acquisition will post -19.51 EPS for the current fiscal year.
Institutional Trading of Live Oak Acquisition
An institutional investor recently raised its position in Live Oak Acquisition stock. Berkley W R Corp raised its stake in shares of Live Oak Acquisition (NASDAQ:LOKV – Free Report) by 71.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 647,661 shares of the company’s stock after acquiring an additional 270,469 shares during the period. Berkley W R Corp owned approximately 2.59% of Live Oak Acquisition worth $6,736,000 as of its most recent SEC filing.
About Live Oak Acquisition
We are a blank check company incorporated on November 27, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.
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