K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) Releases Earnings Results

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) issued its earnings results on Tuesday. The company reported $0.06 earnings per share (EPS) for the quarter, FiscalAI reports.

K&F GROWTH ACQUISITION CORP. II Trading Down 0.1%

KFII stock traded down $0.01 during midday trading on Tuesday, reaching $10.62. 485 shares of the company were exchanged, compared to its average volume of 53,049. K&F GROWTH ACQUISITION CORP. II has a one year low of $10.16 and a one year high of $10.63. The business has a 50-day moving average price of $10.57 and a two-hundred day moving average price of $10.49.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of K&F GROWTH ACQUISITION CORP. II in a research report on Wednesday, July 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Institutional Trading of K&F GROWTH ACQUISITION CORP. II

A number of hedge funds have recently modified their holdings of KFII. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new stake in shares of K&F GROWTH ACQUISITION CORP. II during the 2nd quarter worth about $20,360,000. Hudson Bay Capital Management LP raised its holdings in K&F GROWTH ACQUISITION CORP. II by 2.0% in the 2nd quarter. Hudson Bay Capital Management LP now owns 1,257,080 shares of the company’s stock valued at $12,797,000 after acquiring an additional 25,000 shares during the period. Wolverine Asset Management LLC raised its holdings in K&F GROWTH ACQUISITION CORP. II by 0.8% in the 4th quarter. Wolverine Asset Management LLC now owns 1,198,935 shares of the company’s stock valued at $12,397,000 after acquiring an additional 9,540 shares during the period. Glazer Capital LLC lifted its position in K&F GROWTH ACQUISITION CORP. II by 2.5% during the fourth quarter. Glazer Capital LLC now owns 1,196,452 shares of the company’s stock worth $12,347,000 after acquiring an additional 29,300 shares during the last quarter. Finally, Berkley W R Corp lifted its position in K&F GROWTH ACQUISITION CORP. II by 10.2% during the first quarter. Berkley W R Corp now owns 1,074,855 shares of the company’s stock worth $11,211,000 after acquiring an additional 99,400 shares during the last quarter.

K&F GROWTH ACQUISITION CORP. II Company Profile

K&F Growth Acquisition Corp. II is a Delaware-incorporated special purpose acquisition company (SPAC) that completed its initial public offering in late 2021. As a blank-check vehicle, the company was formed for the purpose of identifying and consummating a business combination with one or more operating businesses, thereby taking a target company public. It holds the proceeds of its IPO in a trust account pending the completion of a merger, share exchange, asset acquisition, stock purchase, recapitalization or similar business combination.

The sponsor of K&F Growth Acquisition Corp.