K2 Principal Fund L.P. Increases Stock Holdings in Cantor Equity Partners II Inc. $CEPT

K2 Principal Fund L.P. increased its holdings in shares of Cantor Equity Partners II Inc. (NASDAQ:CEPT) by 130.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 347,129 shares of the company’s stock after buying an additional 196,191 shares during the period. K2 Principal Fund L.P.’s holdings in Cantor Equity Partners II were worth $3,909,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Harraden Circle Investments LLC lifted its position in shares of Cantor Equity Partners II by 10.7% during the 3rd quarter. Harraden Circle Investments LLC now owns 2,440,394 shares of the company’s stock valued at $25,649,000 after buying an additional 236,050 shares in the last quarter. FNY Investment Advisers LLC lifted its holdings in Cantor Equity Partners II by 518.7% in the 4th quarter. FNY Investment Advisers LLC now owns 193,852 shares of the company’s stock valued at $2,182,000 after purchasing an additional 162,520 shares in the last quarter. DLD Asset Management LP lifted its holdings in Cantor Equity Partners II by 44.3% in the 3rd quarter. DLD Asset Management LP now owns 169,822 shares of the company’s stock valued at $1,785,000 after purchasing an additional 52,120 shares in the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. lifted its holdings in Cantor Equity Partners II by 239.4% in the 3rd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 96,400 shares of the company’s stock valued at $991,000 after purchasing an additional 68,000 shares in the last quarter. Finally, Gabelli Funds LLC lifted its holdings in Cantor Equity Partners II by 263.9% in the 3rd quarter. Gabelli Funds LLC now owns 78,600 shares of the company’s stock valued at $808,000 after purchasing an additional 57,000 shares in the last quarter.

Cantor Equity Partners II Stock Up 1.4%

NASDAQ CEPT opened at $11.93 on Friday. Cantor Equity Partners II Inc. has a 52 week low of $10.32 and a 52 week high of $14.05. The business’s fifty day simple moving average is $11.89 and its 200-day simple moving average is $11.51. The firm has a market cap of $364.82 million and a PE ratio of -108.45.

Cantor Equity Partners II (NASDAQ:CEPT) last posted its quarterly earnings results on Friday, May 8th. The company reported $0.08 EPS for the quarter. The company had revenue of $3.88 million for the quarter.

Analysts Set New Price Targets

A number of research analysts have weighed in on CEPT shares. Weiss Ratings upgraded Cantor Equity Partners II from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, June 1st. Benchmark started coverage on Cantor Equity Partners II in a report on Tuesday, March 31st. They issued a “buy” rating and a $16.00 price objective on the stock. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $16.00.

Cantor Equity Partners II Company Profile

Cantor Equity Partners II (NASDAQ: CEPT) is a closed-end management investment company that focuses on providing customized capital solutions to private, middle-market companies in the United States. Listed on the Nasdaq, CEPT seeks to deliver attractive risk-adjusted returns by investing across a spectrum of debt and equity instruments. Its portfolio may include senior secured loans, subordinated and mezzanine debt, preferred equity, and common equity, allowing it to tailor financing structures to meet the specific growth, acquisition or recapitalization needs of its portfolio companies.

As a business development company registered under the Investment Company Act of 1940, CEPT targets U.S.