Aventail Capital Group LP Buys Shares of 1,392,607 Hennessy Capital Investment Corp. VII $HVII

Aventail Capital Group LP bought a new stake in Hennessy Capital Investment Corp. VII (NASDAQ:HVII) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 1,392,607 shares of the company’s stock, valued at approximately $14,413,000.

Several other hedge funds have also recently bought and sold shares of the company. Highbridge Capital Management LLC bought a new position in Hennessy Capital Investment Corp. VII in the 4th quarter valued at about $15,525,000. Verbena Value LP bought a new position in Hennessy Capital Investment Corp. VII in the 4th quarter valued at about $12,655,000. Sculptor Capital LP bought a new position in Hennessy Capital Investment Corp. VII in the 4th quarter valued at about $3,654,000. HRT Financial LP bought a new position in Hennessy Capital Investment Corp. VII in the 4th quarter valued at about $1,732,000. Finally, Monimus Capital Management LP bought a new position in Hennessy Capital Investment Corp. VII in the 4th quarter valued at about $1,550,000.

Hennessy Capital Investment Corp. VII Stock Performance

Shares of Hennessy Capital Investment Corp. VII stock opened at $10.45 on Thursday. The firm’s 50 day moving average is $10.41. Hennessy Capital Investment Corp. VII has a 1 year low of $10.13 and a 1 year high of $10.99.

Hennessy Capital Investment Corp. VII (NASDAQ:HVII) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.02 earnings per share (EPS) for the quarter.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Benchmark assumed coverage on shares of Hennessy Capital Investment Corp. VII in a report on Wednesday, April 29th. They set a “buy” rating on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Hennessy Capital Investment Corp. VII in a report on Tuesday, June 9th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Hennessy Capital Investment Corp. VII Company Profile

Hennessy Capital Investment Corp. VII (NASDAQ: HVII) is a special purpose acquisition company (SPAC), commonly known as a blank-check company, formed to raise capital in a public offering for the purpose of identifying, negotiating and completing one or more business combinations. As a SPAC, its principal business activity is to locate and transact with a private operating company and provide that company with a path to become publicly traded through a de-SPAC merger or similar transaction.

The company’s operating activities center on sourcing potential acquisition targets, conducting due diligence, structuring and negotiating merger agreements, and arranging the financing needed to close transactions.