Sculptor Capital LP has recently announced that it has increased stake in SVF Investment Corp. 2 (NASDAQ:SVFB) by 3.16%. After grabbing 1.56 million shares, the institutional investor is now in possession of 47726.0 shares of the Financial Company. The new investment brought the stake of investor firm to 6.55% having worth around $15.6 million. Moreover, Glazer Capital LLC increased its share by 0.36 million to have a control over 1.14 million shares. And Millennium Management LLC raised its holdings to 0.43 million shares by acquiring 0.81 million shares or 3.41% of the stake.
SVF Investment Corp. 2 (SVFB) concluded trading on 01/11/23 at a closing price of $10.12, with 0.8 million shares of worth about $8.09 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 3.42% during that period and on Wednesday the price saw a gain of about 0.10%. Currently the company’s common shares owned by public are about 29.51M shares, out of which, 22.65M shares are available for trading.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
Merger Fund, Lyxor Newcits IRL Plc – Tiedemann, and Blackstone Alternative Multi Stra are the top 3 mutual funds which are holding stakes in SVF Investment Corp. 2 Merger Fund is currently holding 0.44 million shares of worth totaling $4.45 million. The company recently came buying 0.43 million shares which brought its stake up to 1.87% of the company’s outstanding shares. Blackstone Alternative Multi Stra, after buying 0.31 million shares, have now control over 1.31% of the stake in the company. It holds 0.0 shares of worth $3.11 million.
However, the stock later moved at a day high price of 10.13, or with a gain of 0.10%. Stock saw a price change of 0.10% in past 5 days and over the past one month there was a price change of 0.90%. Year-to-date (YTD), SVFB shares are showing a performance of 0.30% which increased to 0.40% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.71 but also hit the highest price of $10.12 during that period. The average intraday trading volume for SVF Investment Corp. 2 shares is 91.79K. The stock is currently trading 0.45% above its 20-day simple moving average (SMA20), while that difference is up 0.98% for SMA50 and it goes to 2.55% higher than SMA200.
Sculptor Capital LP acquired 1.56 million shares of SVF Investment Corp. 2 having value of about $15.6 million. Data submitted at the U.S SEC by Sculptor Capital LP revealed that the firm now holds 47726.0 shares in the company valued at close to $482987.12, or have control over 3.16% stake in the company. SVF Investment Corp. 2 (NASDAQ: SVFB) currently have 29.51M outstanding shares and institutions hold larger chunk of about 89.80% of that. Holding of mutual funds in the company is about 77.74% while other institutional holders and individual stake holders have control over 8.38% and — of the stake respectively.
The stock has a current market capitalization of $298.64M. PE ratio of stock for trailing 12 months is 2530.00, while it has posted earnings per share of $0.00 in the same period. It has Quick Ratio of 2.70 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SVFB, volatility over the week remained 0.14% while standing at 0.14% over the month.
Analysts at 0 brokerage firms have issued recommendations for the SVF Investment Corp. 2 (SVFB)’s stock out of those 0 Wall Street analysts, 0 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
