Fintech Acquisition Corp. V (NASDAQ:FTCV) Shares Sold by P Schoenfeld Asset Management LP

P Schoenfeld Asset Management LP decreased its holdings in shares of Fintech Acquisition Corp. V (NASDAQ:FTCV) by 53.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 900,000 shares of the company’s stock after selling 1,027,285 shares during the period. Fintech Acquisition Corp. V makes up about 0.6% of P Schoenfeld Asset Management LP’s holdings, making the stock its 29th biggest position. P Schoenfeld Asset Management LP owned approximately 2.63% of Fintech Acquisition Corp. V worth $10,971,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada acquired a new position in Fintech Acquisition Corp. V during the 1st quarter worth approximately $56,000. Morgan Stanley acquired a new stake in shares of Fintech Acquisition Corp. V in the 1st quarter worth approximately $91,000. Moneta Group Investment Advisors LLC acquired a new stake in shares of Fintech Acquisition Corp. V in the 1st quarter worth approximately $112,000. Harbor Advisors LLC acquired a new stake in shares of Fintech Acquisition Corp. V in the 2nd quarter worth approximately $122,000. Finally, UBS Group AG acquired a new stake in shares of Fintech Acquisition Corp. V in the 1st quarter worth approximately $135,000. Institutional investors own 51.47% of the company’s stock.

Separately, Compass Point began coverage on Fintech Acquisition Corp. V in a report on Monday, September 20th. They issued a “neutral” rating and a $10.25 price target on the stock.

Shares of FTCV remained flat at $$10.19 on Monday. The company had a trading volume of 2,165 shares, compared to its average volume of 1,039,693. The company’s fifty day moving average is $10.37 and its 200-day moving average is $11.17. Fintech Acquisition Corp. V has a 1-year low of $10.02 and a 1-year high of $15.70.

In other news, major shareholder Luxor Capital Group, Lp purchased 123,200 shares of the stock in a transaction that occurred on Thursday, July 1st. The shares were acquired at an average price of $12.43 per share, for a total transaction of $1,531,376.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. In the last 90 days, insiders purchased 940,439 shares of company stock worth $11,416,060.

Fintech Acquisition Corp. V Company Profile

FinTech Acquisition Corp. V does not have significant operations. The 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 founded in 2019 and is based in Philadelphia, Pennsylvania.

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Institutional Ownership by Quarter for Fintech Acquisition Corp. V (NASDAQ:FTCV)

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