MYDA Advisors LLC acquired a new stake in shares of Starboard Value Acquisition Corp. (NASDAQ:SVAC – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 71,203 shares of the company’s stock, valued at approximately $723,000.
Other hedge funds also recently modified their holdings of the company. Clear Street Group Inc. acquired a new stake in shares of Starboard Value Acquisition during the 4th quarter valued at $73,000. HighTower Advisors LLC acquired a new position in Starboard Value Acquisition during the 4th quarter worth about $684,000. Gritstone Asset Management LLC acquired a new position in Starboard Value Acquisition during the 4th quarter worth about $1,015,000. DLD Asset Management LP acquired a new position in Starboard Value Acquisition during the 4th quarter worth about $1,041,000. Finally, Glazer Capital LLC acquired a new position in Starboard Value Acquisition during the 4th quarter worth about $1,311,000.
Analyst Ratings Changes
Separately, Weiss Ratings raised Starboard Value Acquisition from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, June 1st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.
Starboard Value Acquisition Price Performance
Shares of SVAC opened at $10.33 on Monday. Starboard Value Acquisition Corp. has a 12 month low of $10.03 and a 12 month high of $12.00. The stock’s 50-day moving average price is $10.42 and its two-hundred day moving average price is $10.39.
Starboard Value Acquisition (NASDAQ:SVAC – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported ($13.80) earnings per share for the quarter.
Starboard Value Acquisition Profile
Starboard Value Acquisition Corp., a blank check 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 incorporated in 2019 and is based in New York, New York.
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