Cantor Equity Partners II (NASDAQ:CEPT) Releases Quarterly Earnings Results

Cantor Equity Partners II (NASDAQ:CEPT) announced its quarterly earnings data on Friday. The company reported $0.08 EPS for the quarter, FiscalAI reports. The company had revenue of $3.88 million during the quarter.

Cantor Equity Partners II Trading Up 4.3%

CEPT opened at $11.97 on Friday. Cantor Equity Partners II has a 12-month low of $10.32 and a 12-month high of $13.74. The firm has a market capitalization of $366.04 million and a PE ratio of -63.00. The firm has a 50 day moving average of $11.11 and a two-hundred day moving average of $11.32.

Hedge Funds Weigh In On Cantor Equity Partners II

A number of institutional investors have recently bought and sold shares of the business. K.J. Harrison & Partners Inc purchased a new position in Cantor Equity Partners II during the 1st quarter worth approximately $327,000. Canton Hathaway LLC purchased a new position in shares of Cantor Equity Partners II during the 1st quarter valued at approximately $218,000. Three Magnolias Financial Advisors LLC purchased a new position in shares of Cantor Equity Partners II during the 1st quarter valued at approximately $228,000. Cannon Global Investment Management LLC increased its holdings in shares of Cantor Equity Partners II by 126.2% during the 1st quarter. Cannon Global Investment Management LLC now owns 88,000 shares of the company’s stock valued at $958,000 after purchasing an additional 49,100 shares in the last quarter. Finally, Virtu Financial LLC purchased a new position in shares of Cantor Equity Partners II during the 4th quarter valued at approximately $160,000.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Cantor Equity Partners II in a research report on Friday, May 1st. Benchmark initiated coverage on shares of Cantor Equity Partners II in a research report on Tuesday, March 31st. They set a “buy” rating and a $16.00 price target for the company. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $16.00.

Cantor Equity Partners II Company Profile

Cantor Equity Partners II (NASDAQ: CEPT) is a closed-end management investment company that focuses on providing customized capital solutions to private, middle-market companies in the United States. Listed on the Nasdaq, CEPT seeks to deliver attractive risk-adjusted returns by investing across a spectrum of debt and equity instruments. Its portfolio may include senior secured loans, subordinated and mezzanine debt, preferred equity, and common equity, allowing it to tailor financing structures to meet the specific growth, acquisition or recapitalization needs of its portfolio companies.

As a business development company registered under the Investment Company Act of 1940, CEPT targets U.S.