Lineage Point Capital LP bought a new stake in shares of Pono Capital Four, Inc. (NASDAQ:PONO – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 171,341 shares of the company’s stock, valued at approximately $1,736,000. Lineage Point Capital LP owned 1.14% of Pono Capital Four as of its most recent SEC filing.
Pono Capital Four Stock Up 0.2%
PONO stock opened at $10.03 on Friday. The business has a 50 day simple moving average of $10.00. Pono Capital Four, Inc. has a 12 month low of $9.84 and a 12 month high of $10.06.
Analysts Set New Price Targets
Separately, Weiss Ratings began coverage on Pono Capital Four in a report on Friday, August 14th. They set a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Pono Capital Four currently has a consensus rating of “Sell”.
Pono Capital Four Company Profile
Pono Capital Four Inc is a blank check company 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 or entities.
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