Sona Asset Management US LLC purchased a new stake in Gesher Acquisition Corp. II (NASDAQ:GSHR – Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The firm purchased 174,729 shares of the company’s stock, valued at approximately $1,810,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Gesher Acquisition Corp. II during the fourth quarter valued at approximately $4,107,000. Glazer Capital LLC increased its position in shares of Gesher Acquisition Corp. II by 12.2% during the fourth quarter. Glazer Capital LLC now owns 224,254 shares of the company’s stock worth $2,302,000 after purchasing an additional 24,299 shares in the last quarter. Radcliffe Capital Management L.P. lifted its holdings in shares of Gesher Acquisition Corp. II by 34.6% during the 4th quarter. Radcliffe Capital Management L.P. now owns 227,045 shares of the company’s stock valued at $2,331,000 after purchasing an additional 58,339 shares during the last quarter. Meteora Capital LLC acquired a new stake in shares of Gesher Acquisition Corp. II in the 4th quarter worth $437,000. Finally, Virtu Financial LLC purchased a new position in Gesher Acquisition Corp. II during the 4th quarter worth $156,000.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Gesher Acquisition Corp. II in a research note on Friday, June 26th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.
Gesher Acquisition Corp. II Price Performance
NASDAQ:GSHR opened at $10.48 on Monday. Gesher Acquisition Corp. II has a 12 month low of $9.51 and a 12 month high of $11.20. The business’s fifty day moving average is $10.43.
Gesher Acquisition Corp. II (NASDAQ:GSHR – Get Free Report) last released its earnings results on Friday, March 27th. The company reported $0.04 earnings per share (EPS) for the quarter.
Gesher Acquisition Corp. II Company Profile
Gesher Acquisition Corp. II (NASDAQ: GSHR) is a special purpose acquisition company (SPAC) listed on the Nasdaq Stock Market. As a blank‑check vehicle, the company’s principal business activity is to identify, negotiate and complete a business combination with one or more operating businesses. Like other SPACs, it was created to use public capital markets as a mechanism to bring a private target company public via a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination.
Gesher Acquisition Corp.
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