Harraden Circle Investments LLC Sells 72,600 Shares of American Exceptionalism Acquisition Corp. $AEXA

Harraden Circle Investments LLC cut its stake in shares of American Exceptionalism Acquisition Corp. (NYSE:AEXA) by 8.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 813,400 shares of the company’s stock after selling 72,600 shares during the quarter. Harraden Circle Investments LLC owned approximately 1.64% of American Exceptionalism Acquisition worth $9,614,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. AQR Arbitrage LLC bought a new position in shares of American Exceptionalism Acquisition during the third quarter worth about $10,930,000. Philosophy Capital Management LLC acquired a new stake in American Exceptionalism Acquisition during the 3rd quarter valued at approximately $10,930,000. Polar Asset Management Partners Inc. acquired a new stake in American Exceptionalism Acquisition during the 3rd quarter valued at approximately $10,930,000. Two Sigma Investments LP bought a new position in American Exceptionalism Acquisition during the 3rd quarter worth approximately $8,915,000. Finally, ExodusPoint Capital Management LP raised its holdings in American Exceptionalism Acquisition by 270.0% during the 4th quarter. ExodusPoint Capital Management LP now owns 925,000 shares of the company’s stock worth $10,536,000 after purchasing an additional 675,000 shares during the last quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of American Exceptionalism Acquisition from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, August 20th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

American Exceptionalism Acquisition Trading Down 0.7%

AEXA stock opened at $11.43 on Friday. The stock has a 50-day moving average price of $11.60 and a 200-day moving average price of $11.36. American Exceptionalism Acquisition Corp. has a 1-year low of $10.49 and a 1-year high of $11.99. The firm has a market cap of $565.08 million and a PE ratio of 95.21.

American Exceptionalism Acquisition Company Profile

We are led by Chamath Palihapitiya, the founder and Managing Partner of Social Capital. Like Social Capital, the company is formed to confront the world’s hardest problems. Although these problems have evolved over the past decade, our approach remains the same—with a dedication to first principles thinking, deep technological understanding and a willingness to be contrarian to consensus. — We intend to find companies that operate in sectors that we believe will be instrumental in maintaining U.S.