Churchill Capital Corp IX $CCIX Shares Sold by Sculptor Capital LP

Sculptor Capital LP lowered its position in shares of Churchill Capital Corp IX (NASDAQ:CCIX) by 21.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 400,000 shares of the company’s stock after selling 111,513 shares during the period. Sculptor Capital LP owned about 1.09% of Churchill Capital Corp IX worth $4,252,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Longfellow Investment Management Co. LLC acquired a new stake in shares of Churchill Capital Corp IX during the third quarter worth about $83,000. Mercuria Capital Strategies LLC acquired a new stake in shares of Churchill Capital Corp IX during the fourth quarter worth about $93,000. FNY Investment Advisers LLC increased its position in shares of Churchill Capital Corp IX by 494.1% during the third quarter. FNY Investment Advisers LLC now owns 14,200 shares of the company’s stock worth $148,000 after purchasing an additional 11,810 shares in the last quarter. Berkley W R Corp increased its position in shares of Churchill Capital Corp IX by 46.2% during the third quarter. Berkley W R Corp now owns 39,976 shares of the company’s stock worth $419,000 after purchasing an additional 12,631 shares in the last quarter. Finally, Sandia Investment Management LP acquired a new stake in shares of Churchill Capital Corp IX during the second quarter worth about $473,000.

Churchill Capital Corp IX Price Performance

NASDAQ CCIX opened at $10.81 on Tuesday. Churchill Capital Corp IX has a 52-week low of $10.45 and a 52-week high of $11.32. The business’s 50-day moving average price is $10.77 and its 200 day moving average price is $10.69. The firm has a market cap of $396.29 million, a P/E ratio of 56.90 and a beta of -0.05.

Churchill Capital Corp IX (NASDAQ:CCIX) last released its quarterly earnings results on Friday, May 15th. The company reported $0.04 earnings per share (EPS) for the quarter.

Analyst Ratings Changes

CCIX has been the topic of a number of research analyst reports. Wall Street Zen upgraded Churchill Capital Corp IX from a “sell” rating to a “hold” rating in a research report on Monday, March 16th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Churchill Capital Corp IX in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

About Churchill Capital Corp IX

Coleman Cable, Inc (Coleman) is a designer, developer, manufacturer and supplier of electrical wire and cable products for consumer, commercial and industrial applications, with operations primarily in the United States and in Honduras and Canada. The Company’s wire and cable products enable it to offer its customers a single source for many of their wire and cable product requirements. It manufactures its products in 10 domestic manufacturing locations and supplement its domestic production with both international and domestic sourcing.