DLD Asset Management LP Buys 266,667 Shares of D. Boral ARC Acquisition I Corp. $BCAR

DLD Asset Management LP lifted its stake in D. Boral ARC Acquisition I Corp. (NASDAQ:BCAR) by 200.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 400,000 shares of the company’s stock after acquiring an additional 266,667 shares during the quarter. D. Boral ARC Acquisition I makes up approximately 0.4% of DLD Asset Management LP’s investment portfolio, making the stock its 29th largest position. DLD Asset Management LP’s holdings in D. Boral ARC Acquisition I were worth $4,048,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Meteora Capital LLC grew its stake in D. Boral ARC Acquisition I by 1,288.5% in the fourth quarter. Meteora Capital LLC now owns 1,928,291 shares of the company’s stock valued at $19,341,000 after purchasing an additional 1,789,416 shares in the last quarter. OMERS ADMINISTRATION Corp bought a new stake in shares of D. Boral ARC Acquisition I during the 4th quarter worth approximately $5,015,000. Magnetar Financial LLC bought a new stake in shares of D. Boral ARC Acquisition I during the 4th quarter worth approximately $4,764,000. Wolverine Asset Management LLC boosted its holdings in shares of D. Boral ARC Acquisition I by 33.5% in the 4th quarter. Wolverine Asset Management LLC now owns 1,134,863 shares of the company’s stock valued at $11,383,000 after buying an additional 284,863 shares during the last quarter. Finally, Picton Mahoney Asset Management acquired a new stake in shares of D. Boral ARC Acquisition I in the 4th quarter valued at approximately $2,758,000. Institutional investors own 4.33% of the company’s stock.

D. Boral ARC Acquisition I Price Performance

Shares of NASDAQ:BCAR opened at $10.36 on Thursday. D. Boral ARC Acquisition I Corp. has a 52-week low of $9.88 and a 52-week high of $11.17. The firm has a 50-day moving average price of $10.58.

D. Boral ARC Acquisition I (NASDAQ:BCAR) last posted its quarterly earnings results on Friday, May 15th. The company reported $0.07 EPS for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of D. Boral ARC Acquisition I in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

D. Boral ARC Acquisition I Company Profile

D. Boral ARC Acquisition I (NASDAQ: BCAR) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to raise capital through a public offering and to effect a merger, share exchange, asset acquisition or similar business combination with one or more operating businesses. As a SPAC, its primary activity is identifying and negotiating a business combination rather than conducting commercial operations itself.

Publicly available disclosures do not identify a confirmed target company, a specific industry focus or detailed information about the company’s leadership and sponsors in widely accessible sources.