Picton Mahoney Asset Management Purchases Shares of 850,000 American Exceptionalism Acquisition Corp. $AEXA

Picton Mahoney Asset Management acquired a new stake in American Exceptionalism Acquisition Corp. (NYSE:AEXA) during the 3rd quarter, Holdings Channel reports. The firm acquired 850,000 shares of the company’s stock, valued at approximately $9,290,000.

Other institutional investors have also recently made changes to their positions in the company. Deltec Asset Management LLC bought a new stake in American Exceptionalism Acquisition during the 3rd quarter valued at approximately $219,000. Graham Capital Wealth Management LLC bought a new stake in shares of American Exceptionalism Acquisition during the third quarter valued at approximately $463,000. Gritstone Asset Management LLC purchased a new position in shares of American Exceptionalism Acquisition in the third quarter worth $546,000. Amitell Capital Pte Ltd bought a new position in shares of American Exceptionalism Acquisition during the third quarter worth $656,000. Finally, Calamos Advisors LLC purchased a new position in American Exceptionalism Acquisition during the third quarter valued at $689,000.

American Exceptionalism Acquisition Stock Up 1.4%

NYSE AEXA opened at $11.15 on Thursday. American Exceptionalism Acquisition Corp. has a one year low of $10.49 and a one year high of $11.91. The firm’s 50 day moving average price is $11.43.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of American Exceptionalism Acquisition in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

About American Exceptionalism Acquisition

We are led by Chamath Palihapitiya, the founder and Managing Partner of Social Capital. Like Social Capital, the company is formed to confront the world’s hardest problems. Although these problems have evolved over the past decade, our approach remains the same—with a dedication to first principles thinking, deep technological understanding and a willingness to be contrarian to consensus. — We intend to find companies that operate in sectors that we believe will be instrumental in maintaining U.S.