AI Infrastructure Acquisition (NYSE:AIIA) Announces Quarterly Earnings Results

AI Infrastructure Acquisition (NYSE:AIIA) announced its quarterly earnings results on Friday. The company reported $0.06 earnings per share (EPS) for the quarter, FiscalAI reports.

AI Infrastructure Acquisition Stock Performance

AIIA stock traded up $0.01 during mid-day trading on Friday, hitting $10.21. The company had a trading volume of 185 shares, compared to its average volume of 14,459. AI Infrastructure Acquisition has a 12 month low of $9.85 and a 12 month high of $10.25. The firm’s fifty day moving average is $10.18.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. PNC Financial Services Group Inc. bought a new position in shares of AI Infrastructure Acquisition in the 1st quarter worth $1,504,000. Berkley W R Corp lifted its stake in AI Infrastructure Acquisition by 63.6% in the first quarter. Berkley W R Corp now owns 330,294 shares of the company’s stock worth $3,313,000 after purchasing an additional 128,425 shares during the last quarter. Finally, Sona Asset Management US LLC purchased a new stake in AI Infrastructure Acquisition during the 1st quarter valued at about $1,543,000.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of AI Infrastructure Acquisition from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, AI Infrastructure Acquisition has an average rating of “Sell”.

AI Infrastructure Acquisition Company Profile

AI Infrastructure Acquisition Corp is a blank check company.