14,041 Shares in CO2 Energy Transition Corp. $NOEM Bought by Wolverine Asset Management LLC

Wolverine Asset Management LLC bought a new position in shares of CO2 Energy Transition Corp. (NASDAQ:NOEM) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,041 shares of the company’s stock, valued at approximately $141,000. Wolverine Asset Management LLC owned about 0.15% of CO2 Energy Transition as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. Dakota Wealth Management bought a new position in CO2 Energy Transition during the second quarter valued at $257,000. Westchester Capital Management LLC purchased a new stake in shares of CO2 Energy Transition in the first quarter valued at $1,240,000. DLD Asset Management LP purchased a new stake in shares of CO2 Energy Transition in the first quarter valued at $1,389,000. Crossingbridge Advisors LLC purchased a new stake in shares of CO2 Energy Transition in the first quarter valued at $2,778,000. Finally, Polar Asset Management Partners Inc. purchased a new stake in shares of CO2 Energy Transition in the first quarter valued at $2,877,000.

CO2 Energy Transition Stock Performance

NASDAQ:NOEM opened at $10.20 on Tuesday. The company’s 50-day simple moving average is $10.18 and its 200-day simple moving average is $10.10. The stock has a market capitalization of $97.82 million and a P/E ratio of 255.00. CO2 Energy Transition Corp. has a fifty-two week low of $9.78 and a fifty-two week high of $10.78.

CO2 Energy Transition (NASDAQ:NOEM) last posted its quarterly earnings results on Tuesday, August 12th. The company reported $0.04 earnings per share (EPS) for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of CO2 Energy Transition in a research note on Tuesday, October 14th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

About CO2 Energy Transition

CO2 Energy Transition Corp., a Delaware corporation, is a blank check company incorporated on September 30, 2021 for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination.