Linden Advisors LP Cuts Stock Position in Willow Lane Acquisition Corp. – Class A Ordinary Shares $WLAC

Linden Advisors LP trimmed its holdings in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) by 64.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 150,000 shares of the company’s stock after selling 275,000 shares during the quarter. Linden Advisors LP’s holdings in Willow Lane Acquisition Corp. – Class A Ordinary Shares were worth $1,737,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in WLAC. Hiddenite Capital Partners LP purchased a new stake in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the 3rd quarter worth $9,264,000. Magnetar Financial LLC purchased a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares during the second quarter valued at $12,900,000. Aurelius Capital Management LP purchased a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares during the third quarter valued at $3,520,000. Clear Street LLC grew its position in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares by 108.0% in the second quarter. Clear Street LLC now owns 10,405 shares of the company’s stock valued at $106,000 after purchasing an additional 5,403 shares during the period. Finally, Boothbay Fund Management LLC acquired a new stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in the third quarter valued at about $1,737,000.

Willow Lane Acquisition Corp. – Class A Ordinary Shares Trading Up 0.5%

Shares of NASDAQ WLAC opened at $10.90 on Tuesday. The firm has a 50-day simple moving average of $11.44 and a 200-day simple moving average of $11.80. Willow Lane Acquisition Corp. – Class A Ordinary Shares has a 52 week low of $10.00 and a 52 week high of $15.19.

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) last released its quarterly earnings data on Thursday, February 19th. The company reported $0.01 earnings per share for the quarter.

Wall Street Analysts Forecast Growth

WLAC has been the subject of several research analyst reports. Canaccord Genuity Group upped their price target on shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares from $15.00 to $17.00 and gave the stock a “buy” rating in a research report on Wednesday, December 17th. DA Davidson boosted their price objective on Willow Lane Acquisition Corp. – Class A Ordinary Shares from $15.00 to $17.00 and gave the stock a “buy” rating in a research note on Wednesday, December 17th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $17.00.

About Willow Lane Acquisition Corp. – Class A Ordinary Shares

Willow Lane Acquisition Corp. is a special purpose acquisition company incorporated in Delaware and listed on the Nasdaq under the ticker WLAC. As a blank check vehicle, the company does not conduct operations of its own but instead seeks to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more operating businesses.

The company was sponsored by Willow Lane Capital Partners, an investment firm with a focus on private equity and corporate development.