109,184 Shares in Newbury Street II Acquisition Corp – Class A Ordinary Shares $NTWO Purchased by T3 Companies LLC

T3 Companies LLC purchased a new stake in Newbury Street II Acquisition Corp – Class A Ordinary Shares (NASDAQ:NTWO) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 109,184 shares of the company’s stock, valued at approximately $1,182,000. Newbury Street II Acquisition Corp – Class A Ordinary Shares accounts for approximately 1.2% of T3 Companies LLC’s portfolio, making the stock its 20th biggest position.

Separately, Robinson Capital Management LLC lifted its stake in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares by 78.7% in the 2nd quarter. Robinson Capital Management LLC now owns 27,250 shares of the company’s stock valued at $290,000 after purchasing an additional 12,000 shares during the period.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday, October 8th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, Newbury Street II Acquisition Corp – Class A Ordinary Shares has an average rating of “Sell”.

Newbury Street II Acquisition Corp – Class A Ordinary Shares Stock Performance

NASDAQ:NTWO opened at $10.84 on Friday. Newbury Street II Acquisition Corp – Class A Ordinary Shares has a 52 week low of $10.29 and a 52 week high of $12.14. The stock’s 50-day moving average price is $10.95 and its 200-day moving average price is $10.75.

Newbury Street II Acquisition Corp – Class A Ordinary Shares (NASDAQ:NTWO) last announced its quarterly earnings results on Thursday, August 13th. The company reported $0.01 earnings per share for the quarter.

Newbury Street II Acquisition Corp – Class A Ordinary Shares Profile

Newbury Street II Acquisition Corp. is a special purpose acquisition company (SPAC) that was formed to pursue a business combination with one or more operating companies. Its potential transactions may include a merger, share exchange, acquisition of assets, reorganization, or a similar corporate combination.

As a blank-check company, Newbury Street II does not operate a commercial business and does not offer products or services of its own. Its primary activities involve identifying a prospective target, conducting due diligence, and seeking shareholder approval for a proposed transaction.

The company’s Class A ordinary shares trade on the Nasdaq under the symbol NTWO.