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.
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”.