Spartan Fund Management Inc. acquired a new stake in AlphaVest Acquisition Corp (NASDAQ:ATMV – Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 48,988 shares of the company’s stock, valued at approximately $546,000. AlphaVest Acquisition makes up 1.7% of Spartan Fund Management Inc.’s portfolio, making the stock its 23rd biggest holding. Spartan Fund Management Inc. owned 0.70% of AlphaVest Acquisition at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Cowen AND Company LLC lifted its stake in AlphaVest Acquisition by 68.8% in the 2nd quarter. Cowen AND Company LLC now owns 278,202 shares of the company’s stock worth $3,069,000 after purchasing an additional 113,410 shares in the last quarter. Berkley W R Corp lifted its holdings in AlphaVest Acquisition by 92.8% in the 1st quarter. Berkley W R Corp now owns 418,285 shares of the company’s stock worth $4,601,000 after buying an additional 201,381 shares during the period. Finally, Mizuho Securities USA LLC lifted its stake in shares of AlphaVest Acquisition by 87.8% in the 1st quarter. Mizuho Securities USA LLC now owns 236,073 shares of the company’s stock valued at $2,561,000 after purchasing an additional 110,387 shares during the period. Institutional investors own 46.08% of the company’s stock.
AlphaVest Acquisition Stock Performance
ATMV stock remained flat at $11.18 on Tuesday. The firm has a 50 day moving average of $11.14 and a 200 day moving average of $11.07. AlphaVest Acquisition Corp has a 12 month low of $10.60 and a 12 month high of $11.18.
AlphaVest Acquisition Company Profile
AlphaVest Acquisition Corp does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2022 and is based in New York, New York.
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