Wall Street Zen Upgrades M3-Brigade Acquisition V (NASDAQ:MBAV) to Sell

M3-Brigade Acquisition V (NASDAQ:MBAVGet Free Report) was upgraded by research analysts at Wall Street Zen to a “sell” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of M3-Brigade Acquisition V in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, M3-Brigade Acquisition V currently has an average rating of “Sell”.

Read Our Latest Stock Report on MBAV

M3-Brigade Acquisition V Trading Down 0.5%

Shares of MBAV stock opened at $10.70 on Friday. The business’s 50 day moving average is $10.67 and its two-hundred day moving average is $10.62. M3-Brigade Acquisition V has a 12-month low of $10.19 and a 12-month high of $13.73.

Insider Activity at M3-Brigade Acquisition V

In related news, major shareholder Fitzgerald & Co. Cantor purchased 3,529,081 shares of M3-Brigade Acquisition V stock in a transaction that occurred on Wednesday, December 17th. The stock was purchased at an average price of $10.80 per share, for a total transaction of $38,114,074.80. Following the transaction, the insider directly owned 7,779,865 shares in the company, valued at approximately $84,022,542. This trade represents a 83.02% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

Institutional Investors Weigh In On M3-Brigade Acquisition V

Several institutional investors have recently bought and sold shares of the company. Saba Capital Management L.P. purchased a new stake in M3-Brigade Acquisition V during the 4th quarter worth approximately $151,000. Hudson Bay Capital Management LP purchased a new position in shares of M3-Brigade Acquisition V in the fourth quarter valued at approximately $159,000. Prelude Capital Management LLC acquired a new stake in shares of M3-Brigade Acquisition V in the third quarter worth approximately $281,000. Sandia Investment Management LP acquired a new stake in shares of M3-Brigade Acquisition V in the second quarter worth approximately $334,000. Finally, Clear Street LLC increased its position in shares of M3-Brigade Acquisition V by 2,280.8% during the second quarter. Clear Street LLC now owns 32,069 shares of the company’s stock worth $362,000 after purchasing an additional 30,722 shares in the last quarter.

About M3-Brigade Acquisition V

(Get Free Report)

M3-Brigade Acquisition V is a special purpose acquisition company (SPAC) sponsored by M3 Inc, a global healthcare information and technology provider, and Brigade Capital Management, an investment management firm. The company is structured as a blank‐check vehicle listed on the Nasdaq Stock Market under the ticker MBAV, with the objective of identifying and completing a business combination in the healthcare, life sciences or related sectors.

The company benefits from the operational expertise of M3’s digital health platform and real‐world data capabilities, combined with Brigade’s deep experience in credit and asset management.

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