Cantor Equity Partners II Inc. $CEPT Shares Sold by Fifth Lane Capital LP

Fifth Lane Capital LP reduced its stake in shares of Cantor Equity Partners II Inc. (NASDAQ:CEPT) by 38.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 253,478 shares of the company’s stock after selling 158,817 shares during the quarter. Cantor Equity Partners II accounts for approximately 2.1% of Fifth Lane Capital LP’s portfolio, making the stock its 7th largest holding. Fifth Lane Capital LP owned 0.83% of Cantor Equity Partners II worth $2,854,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of CEPT. JPMorgan Chase & Co. boosted its position in Cantor Equity Partners II by 0.7% during the third quarter. JPMorgan Chase & Co. now owns 150,772 shares of the company’s stock worth $1,591,000 after acquiring an additional 1,004 shares during the last quarter. Jefferies Financial Group Inc. lifted its stake in shares of Cantor Equity Partners II by 0.5% during the 3rd quarter. Jefferies Financial Group Inc. now owns 195,320 shares of the company’s stock worth $2,053,000 after purchasing an additional 1,020 shares during the period. Hunting Hill Global Capital LLC boosted its holdings in shares of Cantor Equity Partners II by 9.0% during the third quarter. Hunting Hill Global Capital LLC now owns 18,105 shares of the company’s stock worth $190,000 after purchasing an additional 1,500 shares during the last quarter. Schonfeld Strategic Advisors LLC grew its position in shares of Cantor Equity Partners II by 2.0% in the third quarter. Schonfeld Strategic Advisors LLC now owns 122,366 shares of the company’s stock valued at $1,286,000 after purchasing an additional 2,366 shares during the period. Finally, BCK Capital Management LP grew its position in shares of Cantor Equity Partners II by 10.2% in the third quarter. BCK Capital Management LP now owns 68,864 shares of the company’s stock valued at $724,000 after purchasing an additional 6,364 shares during the period.

Cantor Equity Partners II Price Performance

CEPT stock opened at $11.93 on Friday. The firm has a market cap of $364.82 million and a PE ratio of -108.45. The firm has a 50 day simple moving average of $11.89 and a 200 day simple moving average of $11.51. Cantor Equity Partners II Inc. has a 12 month low of $10.32 and a 12 month high of $14.05.

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

Analysts Set New Price Targets

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

Cantor Equity Partners II 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.