OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases Shares of 100,000 Apex Technology Acquisition Co. $APXT

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Apex Technology Acquisition Co. (NASDAQ:APXT) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 100,000 shares of the company’s stock, valued at approximately $989,000. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.22% of Apex Technology Acquisition at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Lineage Point Capital LP purchased a new stake in shares of Apex Technology Acquisition during the 4th quarter worth about $9,494,000. Virtu Financial LLC purchased a new position in Apex Technology Acquisition in the fourth quarter valued at approximately $1,498,000. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new position in Apex Technology Acquisition in the fourth quarter valued at approximately $8,406,000. Toronto Dominion Bank acquired a new position in Apex Technology Acquisition during the fourth quarter valued at approximately $1,978,000. Finally, Saba Capital Management L.P. purchased a new stake in Apex Technology Acquisition during the fourth quarter worth approximately $5,934,000. 6.01% of the stock is owned by institutional investors and hedge funds.

Apex Technology Acquisition Stock Performance

Shares of APXT opened at $10.06 on Friday. The business’s fifty day moving average price is $10.01 and its 200 day moving average price is $9.96. Apex Technology Acquisition Co. has a 12-month low of $9.87 and a 12-month high of $10.06.

Apex Technology Acquisition (NASDAQ:APXT) last released its quarterly earnings data on Thursday, March 26th. The company reported $0.09 EPS for the quarter.

Analyst Ratings Changes

Several brokerages recently issued reports on APXT. Weiss Ratings initiated coverage on Apex Technology Acquisition in a report on Tuesday, May 26th. They issued a “sell (e+)” rating for the company. Wall Street Zen upgraded Apex Technology Acquisition to a “hold” rating in a research note on Saturday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

Apex Technology Acquisition Company Profile

Apex Technology Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the software and internet technology industries. The company was incorporated in 2019 and is based in Burlingame, California. Apex Technology Acquisition Corporation is a subsidiary of Apex Technology Sponsor LLC.