M3-Brigade Acquisition V Corp. $MBAV Position Lowered by Gritstone Asset Management LLC

Gritstone Asset Management LLC reduced its stake in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV) by 0.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 406,203 shares of the company’s stock after selling 1,369 shares during the period. M3-Brigade Acquisition V makes up approximately 4.7% of Gritstone Asset Management LLC’s portfolio, making the stock its 5th biggest position. Gritstone Asset Management LLC owned about 1.13% of M3-Brigade Acquisition V worth $4,164,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Wolverine Asset Management LLC raised its holdings in M3-Brigade Acquisition V by 16.8% in the 1st quarter. Wolverine Asset Management LLC now owns 510,524 shares of the company’s stock valued at $5,243,000 after buying an additional 73,266 shares during the period. Millennium Management LLC purchased a new stake in M3-Brigade Acquisition V in the 4th quarter valued at about $1,006,000. Schonfeld Strategic Advisors LLC purchased a new stake in M3-Brigade Acquisition V in the 4th quarter valued at about $1,273,000. Toronto Dominion Bank purchased a new stake in M3-Brigade Acquisition V during the fourth quarter worth about $1,671,000. Finally, Hudson Bay Capital Management LP purchased a new stake in M3-Brigade Acquisition V during the fourth quarter worth about $2,515,000.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of M3-Brigade Acquisition V to a “hold” rating in a research note on Saturday, June 14th.

M3-Brigade Acquisition V Trading Up 0.1%

Shares of NASDAQ:MBAV opened at $10.56 on Monday. M3-Brigade Acquisition V Corp. has a 1 year low of $9.97 and a 1 year high of $13.73. The firm’s 50-day moving average is $10.88 and its two-hundred day moving average is $10.72.

About M3-Brigade Acquisition V

M3-Brigade Acquisition V Corp. is a blank check company. It formed for the purpose of effecting a merger, consolidation, capital stock exchange, share exchange, asset acquisition, share purchase, stock purchase, reorganization or similar business combination with one or more businesses. M3-Brigade Acquisition V Corp.