Sanders Morris Harris LLC Makes New Investment in Flying Eagle Acquisition Corp. (NYSE:FEAC)

Sanders Morris Harris LLC acquired a new position in Flying Eagle Acquisition Corp. (NYSE:FEAC) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 16,650 shares of the company’s stock, valued at approximately $203,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Laidlaw Wealth Management LLC purchased a new stake in Flying Eagle Acquisition in the second quarter worth about $138,000. Bank of Montreal Can purchased a new stake in Flying Eagle Acquisition in the second quarter worth about $9,662,000. Driehaus Capital Management LLC lifted its holdings in Flying Eagle Acquisition by 39.5% in the second quarter. Driehaus Capital Management LLC now owns 836,827 shares of the company’s stock worth $9,188,000 after buying an additional 236,827 shares during the period. Russell Investments Group Ltd. purchased a new stake in Flying Eagle Acquisition in the second quarter worth about $708,000. Finally, Vivaldi Asset Management LLC purchased a new position in shares of Flying Eagle Acquisition during the second quarter valued at approximately $516,000. Institutional investors and hedge funds own 43.90% of the company’s stock.

Shares of FEAC stock traded down $0.19 during trading hours on Friday, hitting $13.61. 1,619,719 shares of the company’s stock traded hands, compared to its average volume of 1,442,468. The stock has a fifty day moving average price of $12.38. Flying Eagle Acquisition Corp. has a 12-month low of $9.81 and a 12-month high of $14.70.

About Flying Eagle Acquisition

Flying Eagle Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in Los Angeles, California.

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Institutional Ownership by Quarter for Flying Eagle Acquisition (NYSE:FEAC)

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