Wealthspring Capital LLC purchased a new position in shares of Crane Harbor Acquisition Corp. II (NASDAQ:CRAN – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 497,000 shares of the company’s stock, valued at approximately $5,020,000. Crane Harbor Acquisition Corp. II comprises about 1.1% of Wealthspring Capital LLC’s holdings, making the stock its 27th largest holding.
Separately, StoneX Group Inc. acquired a new position in Crane Harbor Acquisition Corp. II in the third quarter valued at approximately $1,557,000.
Crane Harbor Acquisition Corp. II Stock Performance
NASDAQ:CRAN opened at $10.12 on Monday. Crane Harbor Acquisition Corp. II has a 12-month low of $9.13 and a 12-month high of $10.21. The stock’s fifty day simple moving average is $10.12 and its 200-day simple moving average is $10.07.
Analysts Set New Price Targets
Separately, Weiss Ratings raised shares of Crane Harbor Acquisition Corp. II from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, October 13th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, Crane Harbor Acquisition Corp. II has an average rating of “Sell”.
Get Our Latest Research Report on CRAN
About Crane Harbor Acquisition Corp. II
Crane Harbor Acquisition Corp. II is a special purpose acquisition company, or SPAC, formed to identify and complete a business combination with one or more operating companies. Its potential transaction could take the form of a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination.
As a SPAC, Crane Harbor Acquisition Corp. II does not currently operate a commercial business or offer products and services to customers. Before completing a business combination, its principal activities generally consist of evaluating potential acquisition targets, conducting due diligence and pursuing the transaction process.
The company’s ultimate industry focus, geographic scope and post-transaction operating activities depend on the target it selects.
Featured Articles
- Five stocks we like better than Crane Harbor Acquisition Corp. II
- Lemonade’s Revenue Soars 73%—So Why Did Its Stock Turn Sour After Earnings?
- Anthropic’s S-1 Strengthens the Case for Broadcom’s AI Growth
- After the Midterms, Which of These 3 Defense ETFs Looks Strongest?
- The Ugly Truth Behind SoundHound’s Q3 Results
Want to see what other hedge funds are holding CRAN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Crane Harbor Acquisition Corp. II (NASDAQ:CRAN – Free Report).
Receive News & Ratings for Crane Harbor Acquisition Corp. II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crane Harbor Acquisition Corp. II and related companies with MarketBeat.com's FREE daily email newsletter.
