SilverBox Corp IV (NYSE:SBXD) Releases Earnings Results

SilverBox Corp IV (NYSE:SBXD) issued its quarterly earnings data on Wednesday. The company reported $0.03 EPS for the quarter, Zacks reports.

SilverBox Corp IV Trading Up 0.1%

Shares of NYSE SBXD opened at $10.57 on Thursday. The stock’s 50-day moving average is $10.51 and its 200 day moving average is $10.56. The stock has a market cap of $269.03 million and a price-to-earnings ratio of 75.51. SilverBox Corp IV has a 1-year low of $10.01 and a 1-year high of $11.64.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of SBXD. Radcliffe Capital Management L.P. bought a new stake in shares of SilverBox Corp IV in the 2nd quarter worth approximately $1,699,000. Federated Hermes Inc. purchased a new position in SilverBox Corp IV in the 2nd quarter worth $1,081,000. Massar Capital Management LP purchased a new position in SilverBox Corp IV in the 2nd quarter worth $767,000. JPMorgan Chase & Co. bought a new stake in SilverBox Corp IV in the second quarter worth $603,000. Finally, Rangeley Capital LLC purchased a new stake in SilverBox Corp IV during the second quarter valued at about $110,000.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of SilverBox Corp IV in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

SilverBox Corp IV Company Profile

Silverbox Corp. IV is 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 April 16, 2024 and is headquartered in Austin, TX.