Sculptor Capital LP purchased a new position in shares of Hennessy Capital Investment Corp. VII (NASDAQ:HVII – Free Report) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 353,000 shares of the company’s stock, valued at approximately $3,654,000.
Several other large investors have also modified their holdings of HVII. Barclays PLC bought a new position in shares of Hennessy Capital Investment Corp. VII during the fourth quarter worth about $104,000. DLD Asset Management LP lifted its position in shares of Hennessy Capital Investment Corp. VII by 31.3% during the fourth quarter. DLD Asset Management LP now owns 146,667 shares of the company’s stock worth $1,518,000 after purchasing an additional 34,965 shares during the last quarter. HRT Financial LP bought a new position in shares of Hennessy Capital Investment Corp. VII during the fourth quarter worth about $1,732,000. Verbena Value LP bought a new position in shares of Hennessy Capital Investment Corp. VII during the fourth quarter worth about $12,655,000. Finally, Highbridge Capital Management LLC bought a new position in shares of Hennessy Capital Investment Corp. VII during the fourth quarter worth about $15,525,000.
Analysts Set New Price Targets
Several brokerages have recently commented on HVII. Benchmark began coverage on shares of Hennessy Capital Investment Corp. VII in a research report on Wednesday, April 29th. They set a “buy” rating on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Hennessy Capital Investment Corp. VII in a research report on Tuesday, June 9th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold”.
Hennessy Capital Investment Corp. VII Trading Up 0.1%
HVII opened at $10.43 on Tuesday. Hennessy Capital Investment Corp. VII has a fifty-two week low of $10.12 and a fifty-two week high of $10.99. The stock’s 50-day simple moving average is $10.41.
Hennessy Capital Investment Corp. VII (NASDAQ:HVII – Get Free Report) last released its quarterly earnings data on Wednesday, May 13th. The company reported $0.02 earnings per share for the quarter.
Hennessy Capital Investment Corp. VII Profile
Hennessy Capital Investment Corp. VII (NASDAQ: HVII) is a special purpose acquisition company (SPAC), commonly known as a blank-check company, formed to raise capital in a public offering for the purpose of identifying, negotiating and completing one or more business combinations. As a SPAC, its principal business activity is to locate and transact with a private operating company and provide that company with a path to become publicly traded through a de-SPAC merger or similar transaction.
The company’s operating activities center on sourcing potential acquisition targets, conducting due diligence, structuring and negotiating merger agreements, and arranging the financing needed to close transactions.
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