Healthcare of Ontario Pension Plan Trust Fund Makes New Investment in Dynamix Corp III $DNMX

Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Dynamix Corp III (NASDAQ:DNMX) during the first quarter, Holdings Channel.com reports. The fund bought 600,000 shares of the company’s stock, valued at approximately $5,952,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of Dynamix Corp III in the 4th quarter valued at about $2,967,000. Mint Tower Capital Management B.V. acquired a new stake in shares of Dynamix Corp III in the fourth quarter valued at approximately $989,000. Periscope Capital Inc. acquired a new stake in shares of Dynamix Corp III in the fourth quarter valued at approximately $5,192,000. Virtu Financial LLC purchased a new position in shares of Dynamix Corp III during the fourth quarter worth approximately $1,086,000. Finally, K2 Principal Fund L.P. acquired a new position in shares of Dynamix Corp III in the 4th quarter valued at $1,190,000.

Dynamix Corp III Stock Performance

Dynamix Corp III stock opened at $10.02 on Thursday. Dynamix Corp III has a 1-year low of $9.87 and a 1-year high of $10.04. The stock has a market capitalization of $233.77 million and a P/E ratio of -1,002.00. The company has a 50 day simple moving average of $10.01.

Dynamix Corp III (NASDAQ:DNMX) last released its quarterly earnings data on Friday, March 20th. The company reported $0.07 earnings per share (EPS) for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings assumed coverage on shares of Dynamix Corp III in a research note on Monday, June 8th. They set a “sell (e+)” rating for the company. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Dynamix Corp III presently has an average rating of “Sell”.

Dynamix Corp III Company Profile

We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.