Wolverine Asset Management LLC Has $8.32 Million Stake in Range Capital Acquisition Corp. $RANG

Wolverine Asset Management LLC lifted its stake in Range Capital Acquisition Corp. (NASDAQ:RANG) by 12.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 815,626 shares of the company’s stock after purchasing an additional 93,412 shares during the period. Wolverine Asset Management LLC owned 0.06% of Range Capital Acquisition worth $8,319,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of RANG. Schechter Investment Advisors LLC bought a new position in Range Capital Acquisition in the 1st quarter valued at $5,320,000. Linden Advisors LP acquired a new position in shares of Range Capital Acquisition during the first quarter valued at $5,025,000. Crossingbridge Advisors LLC bought a new position in Range Capital Acquisition in the first quarter valued at about $4,522,000. DLD Asset Management LP acquired a new stake in Range Capital Acquisition in the first quarter worth about $2,261,000. Finally, Goldman Sachs Group Inc. acquired a new position in Range Capital Acquisition during the 1st quarter valued at about $2,254,000.

Range Capital Acquisition Price Performance

Shares of NASDAQ RANG opened at $10.53 on Friday. Range Capital Acquisition Corp. has a twelve month low of $9.91 and a twelve month high of $11.13. The company’s fifty day moving average is $10.37 and its 200-day moving average is $10.24.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Range Capital Acquisition in a research report on Tuesday, October 14th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Range Capital Acquisition presently has an average rating of “Sell”.

Range Capital Acquisition Company Profile

Range Capital Acquisition Corp. operates as a blank check company. It was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on July 24, 2024 and is headquartered in New York, NY.