Radcliffe Capital Management L.P. purchased a new position in Starboard Value Acquisition Corp. (NASDAQ:SVAC – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 383,498 shares of the company’s stock, valued at approximately $3,896,000. Radcliffe Capital Management L.P. owned 0.76% of Starboard Value Acquisition as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Picton Mahoney Asset Management purchased a new position in Starboard Value Acquisition during the 4th quarter valued at $10,360,000. Alberta Investment Management Corp purchased a new stake in Starboard Value Acquisition in the fourth quarter worth $10,150,000. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Starboard Value Acquisition during the fourth quarter worth $8,120,000. Hudson Bay Capital Management LP purchased a new stake in shares of Starboard Value Acquisition during the fourth quarter valued at $7,105,000. Finally, Context Capital Management LLC purchased a new stake in shares of Starboard Value Acquisition during the fourth quarter valued at $6,517,000.
Starboard Value Acquisition Price Performance
Shares of NASDAQ:SVAC opened at $10.30 on Wednesday. The business’s 50 day moving average is $10.43 and its 200 day moving average is $10.39. Starboard Value Acquisition Corp. has a 52-week low of $10.03 and a 52-week high of $12.00.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings raised shares of Starboard Value Acquisition from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, June 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.
Get Our Latest Research Report on Starboard Value Acquisition
Starboard Value Acquisition Company Profile
Starboard Value Acquisition Corp., a blank check company, focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2019 and is based in New York, New York.
Further Reading
- Five stocks we like better than Starboard Value Acquisition
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
Want to see what other hedge funds are holding SVAC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starboard Value Acquisition Corp. (NASDAQ:SVAC – Free Report).
Receive News & Ratings for Starboard Value Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starboard Value Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
