Lineage Point Capital LP Acquires New Shares in Cohen Circle Acquisition Corp. II $CCII

Lineage Point Capital LP bought a new stake in Cohen Circle Acquisition Corp. II (NASDAQ:CCII) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 70,000 shares of the company’s stock, valued at approximately $717,000. Lineage Point Capital LP owned about 0.20% of Cohen Circle Acquisition Corp. II as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Millennium Management LLC lifted its holdings in shares of Cohen Circle Acquisition Corp. II by 27.8% in the fourth quarter. Millennium Management LLC now owns 956,310 shares of the company’s stock worth $9,793,000 after acquiring an additional 207,950 shares during the last quarter. Toronto Dominion Bank lifted its stake in Cohen Circle Acquisition Corp. II by 58.1% in the 4th quarter. Toronto Dominion Bank now owns 711,673 shares of the company’s stock valued at $7,288,000 after purchasing an additional 261,673 shares during the last quarter. Radcliffe Capital Management L.P. boosted its position in Cohen Circle Acquisition Corp. II by 12.1% in the fourth quarter. Radcliffe Capital Management L.P. now owns 616,577 shares of the company’s stock valued at $6,314,000 after buying an additional 66,577 shares in the last quarter. Berkley W R Corp grew its stake in shares of Cohen Circle Acquisition Corp. II by 0.9% during the fourth quarter. Berkley W R Corp now owns 525,621 shares of the company’s stock worth $5,382,000 after buying an additional 4,709 shares during the last quarter. Finally, Mint Tower Capital Management B.V. acquired a new position in shares of Cohen Circle Acquisition Corp. II during the fourth quarter worth $4,096,000.

Cohen Circle Acquisition Corp. II Stock Performance

CCII opened at $10.30 on Friday. Cohen Circle Acquisition Corp. II has a fifty-two week low of $10.07 and a fifty-two week high of $10.47. The stock’s 50 day simple moving average is $10.26.

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) last issued its earnings results on Wednesday, March 25th. The company reported $0.07 EPS for the quarter.

Wall Street Analysts Forecast Growth

CCII has been the topic of several recent research reports. Wall Street Zen raised Cohen Circle Acquisition Corp. II to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings raised Cohen Circle Acquisition Corp. II from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 1st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Cohen Circle Acquisition Corp. II Profile

Cohen Circle Acquisition Corp. II (NASDAQ: CCII) is a special purpose acquisition company (SPAC) that is publicly listed on the Nasdaq stock exchange. As a blank‑check vehicle, its primary role is to raise capital from public-market investors and use those proceeds to complete a business combination with one or more operating companies. The company structure is intended to provide a faster and potentially more cost‑effective route for private businesses to access public markets through a merger or similar transaction.

The firm’s principal activities center on identifying, negotiating and executing a qualifying business combination, which can take the form of a merger, asset acquisition, stock purchase, reorganization or other strategic transaction.