Sculptor Capital LP purchased a new position in shares of Apex Technology Acquisition Co. (NASDAQ:APXT – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund purchased 52,734 shares of the company’s stock, valued at approximately $522,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in APXT. Hudson Bay Capital Management LP bought a new stake in Apex Technology Acquisition during the fourth quarter worth $11,508,000. HighTower Advisors LLC bought a new stake in Apex Technology Acquisition during the fourth quarter worth $11,272,000. Wolverine Asset Management LLC bought a new stake in Apex Technology Acquisition during the fourth quarter worth $11,246,000. Glazer Capital LLC bought a new stake in Apex Technology Acquisition during the fourth quarter worth $10,955,000. Finally, Verition Fund Management LLC bought a new stake in Apex Technology Acquisition during the fourth quarter worth $9,890,000. 6.01% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings assumed coverage on shares of Apex Technology Acquisition in a research report on Tuesday, May 26th. They set a “sell (e+)” rating on the stock. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Apex Technology Acquisition has an average rating of “Sell”.
Apex Technology Acquisition Price Performance
Shares of APXT opened at $10.04 on Tuesday. The company’s 50-day moving average is $10.01 and its 200-day moving average is $9.96. Apex Technology Acquisition Co. has a fifty-two week low of $9.87 and a fifty-two week high of $10.06.
Apex Technology Acquisition (NASDAQ:APXT – Get Free Report) last issued its quarterly earnings data on Thursday, March 26th. The company reported $0.09 earnings per share for the quarter.
About Apex Technology Acquisition
Apex Technology Acquisition Corporation 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 in the software and internet technology industries. The company was incorporated in 2019 and is based in Burlingame, California. Apex Technology Acquisition Corporation is a subsidiary of Apex Technology Sponsor LLC.
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