Magnetar Financial LLC Decreases Stake in M3-Brigade Acquisition V Corp. $MBAV

Magnetar Financial LLC lowered its stake in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV) by 30.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,469,016 shares of the company’s stock after selling 648,272 shares during the quarter. Magnetar Financial LLC owned 4.09% of M3-Brigade Acquisition V worth $15,498,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Harraden Circle Investments LLC purchased a new position in shares of M3-Brigade Acquisition V in the second quarter worth $28,818,000. Alberta Investment Management Corp purchased a new stake in M3-Brigade Acquisition V during the 2nd quarter valued at $27,943,000. TENOR CAPITAL MANAGEMENT Co. L.P. boosted its position in M3-Brigade Acquisition V by 200.0% during the 2nd quarter. TENOR CAPITAL MANAGEMENT Co. L.P. now owns 750,000 shares of the company’s stock valued at $8,468,000 after buying an additional 500,000 shares during the period. Meteora Capital LLC grew its holdings in M3-Brigade Acquisition V by 259.8% in the 2nd quarter. Meteora Capital LLC now owns 633,383 shares of the company’s stock worth $7,151,000 after acquiring an additional 457,332 shares during the last quarter. Finally, Wolverine Asset Management LLC grew its holdings in M3-Brigade Acquisition V by 258.3% in the 3rd quarter. Wolverine Asset Management LLC now owns 350,157 shares of the company’s stock worth $3,694,000 after acquiring an additional 252,419 shares during the last quarter.

M3-Brigade Acquisition V Trading Down 0.4%

Shares of MBAV stock opened at $10.70 on Wednesday. M3-Brigade Acquisition V Corp. has a fifty-two week low of $10.17 and a fifty-two week high of $13.73. The business’s 50 day moving average price is $10.67 and its 200-day moving average price is $10.62.

Insider Buying and Selling

In other M3-Brigade Acquisition V news, major shareholder Fitzgerald & Co. Cantor purchased 3,529,081 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The stock was bought at an average price of $10.80 per share, with a total value of $38,114,074.80. Following the completion of the purchase, the insider directly owned 7,779,865 shares of the company’s stock, valued at $84,022,542. The trade was a 83.02% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of M3-Brigade Acquisition V in a research note on Monday, December 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, M3-Brigade Acquisition V presently has a consensus rating of “Sell”.

M3-Brigade Acquisition V Company Profile

M3-Brigade Acquisition V is a special purpose acquisition company (SPAC) sponsored by M3 Inc, a global healthcare information and technology provider, and Brigade Capital Management, an investment management firm. The company is structured as a blank‐check vehicle listed on the Nasdaq Stock Market under the ticker MBAV, with the objective of identifying and completing a business combination in the healthcare, life sciences or related sectors.

The company benefits from the operational expertise of M3’s digital health platform and real‐world data capabilities, combined with Brigade’s deep experience in credit and asset management.