Magnetar Financial LLC bought a new stake in Dynamix Corp III (NASDAQ:DNMX – Free Report) in the 4th quarter, HoldingsChannel reports. The firm bought 600,000 shares of the company’s stock, valued at approximately $5,934,000.
Several other large investors also recently added to or reduced their stakes in DNMX. Bulldog Investors LLP purchased a new stake in Dynamix Corp III in the 4th quarter valued at $494,000. Mint Tower Capital Management B.V. purchased a new stake in Dynamix Corp III in the 4th quarter valued at $989,000. DLD Asset Management LP purchased a new stake in Dynamix Corp III in the 4th quarter valued at $1,041,000. K2 Principal Fund L.P. purchased a new stake in Dynamix Corp III in the 4th quarter valued at $1,190,000. Finally, Berkley W R Corp purchased a new stake in Dynamix Corp III in the 4th quarter valued at $1,471,000.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings began coverage on Dynamix Corp III in a report on Monday, June 8th. They set a “sell (e+)” rating for the company. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.
Dynamix Corp III Trading Down 0.0%
NASDAQ DNMX opened at $10.02 on Wednesday. The stock has a market cap of $233.65 million and a PE ratio of -1,001.50. Dynamix Corp III has a twelve month low of $9.87 and a twelve month high of $10.03. The business’s fifty day simple moving average is $9.98.
Dynamix Corp III (NASDAQ:DNMX – Get Free Report) last released its quarterly earnings results on Friday, March 20th. The company reported $0.07 earnings per share for the quarter.
Dynamix Corp III Company Profile
We are a blank check company incorporated 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 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.
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