100,000 Shares in Plum Acquisition Corp. IV $PLMK Acquired by BCK Capital Management LP

BCK Capital Management LP acquired a new stake in Plum Acquisition Corp. IV (NASDAQ:PLMK) during the second quarter, Holdings Channel reports. The fund acquired 100,000 shares of the company’s stock, valued at approximately $1,028,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PLMK. Kepos Capital LP acquired a new stake in shares of Plum Acquisition Corp. IV in the first quarter valued at about $502,000. Virtu Financial LLC purchased a new stake in Plum Acquisition Corp. IV during the 1st quarter valued at about $694,000. Aristeia Capital L.L.C. acquired a new stake in Plum Acquisition Corp. IV in the 1st quarter valued at about $1,004,000. Mizuho Securities USA LLC purchased a new position in Plum Acquisition Corp. IV in the 1st quarter worth approximately $1,504,000. Finally, Picton Mahoney Asset Management acquired a new position in shares of Plum Acquisition Corp. IV during the 1st quarter worth approximately $1,506,000.

Plum Acquisition Corp. IV Stock Performance

Plum Acquisition Corp. IV stock opened at $10.44 on Friday. The company has a 50-day moving average price of $10.35 and a 200 day moving average price of $10.27. Plum Acquisition Corp. IV has a 12-month low of $9.94 and a 12-month high of $10.58.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Plum Acquisition Corp. IV in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Plum Acquisition Corp. IV presently has a consensus rating of “Sell”.

Plum Acquisition Corp. IV Profile

Plum Acquisition Corp. IV is a blank check company, which was established for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded on June 10, 2024 and is headquartered in San Francisco, CA.