Wolverine Asset Management LLC Has $9.84 Million Stake in Spark I Acquisition Corporation $SPKL

Wolverine Asset Management LLC increased its stake in shares of Spark I Acquisition Corporation (NASDAQ:SPKL) by 32.2% in the second quarter, Holdings Channel reports. The firm owned 902,388 shares of the company’s stock after buying an additional 219,800 shares during the quarter. Wolverine Asset Management LLC owned 0.05% of Spark I Acquisition worth $9,836,000 at the end of the most recent quarter.

Separately, Mizuho Securities USA LLC increased its stake in Spark I Acquisition by 137.4% in the first quarter. Mizuho Securities USA LLC now owns 362,265 shares of the company’s stock valued at $3,876,000 after purchasing an additional 209,642 shares in the last quarter. Institutional investors own 34.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Spark I Acquisition in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Spark I Acquisition Stock Performance

Shares of Spark I Acquisition stock opened at $11.50 on Friday. The stock’s 50-day moving average is $11.37 and its 200-day moving average is $11.06. Spark I Acquisition Corporation has a one year low of $10.52 and a one year high of $12.01.

About Spark I Acquisition

Spark I Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar combination with one or more businesses or assets. The company was incorporated in 2021 and is based in Palo Alto, California.