Context Capital Management LLC Trims Stock Position in Cantor Equity Partners II Inc. $CEPT

Context Capital Management LLC lessened its holdings in Cantor Equity Partners II Inc. (NASDAQ:CEPT) by 22.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 155,530 shares of the company’s stock after selling 44,470 shares during the period. Context Capital Management LLC owned 0.51% of Cantor Equity Partners II worth $1,751,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Clear Street Group Inc. purchased a new stake in shares of Cantor Equity Partners II in the third quarter valued at about $119,000. Hunting Hill Global Capital LLC lifted its holdings in shares of Cantor Equity Partners II by 9.0% in the third quarter. Hunting Hill Global Capital LLC now owns 18,105 shares of the company’s stock valued at $190,000 after purchasing an additional 1,500 shares in the last quarter. Gabelli Funds LLC purchased a new stake in shares of Cantor Equity Partners II in the second quarter valued at about $238,000. Prelude Capital Management LLC acquired a new position in shares of Cantor Equity Partners II in the third quarter valued at approximately $238,000. Finally, Qube Research & Technologies Ltd acquired a new position in shares of Cantor Equity Partners II in the second quarter valued at approximately $278,000.

Cantor Equity Partners II Stock Performance

Shares of CEPT stock opened at $11.93 on Friday. Cantor Equity Partners II Inc. has a one year low of $10.32 and a one year high of $14.05. The company has a 50 day moving average price of $11.89 and a 200 day moving average price of $11.51. The firm has a market capitalization of $364.82 million and a price-to-earnings ratio of -108.45.

Cantor Equity Partners II (NASDAQ:CEPT) last issued its quarterly earnings results on Friday, May 8th. The company reported $0.08 EPS for the quarter. The company had revenue of $3.88 million for the quarter.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on CEPT. Weiss Ratings raised shares of Cantor Equity Partners II from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday, June 1st. Benchmark began coverage on shares of Cantor Equity Partners II in a research report on Tuesday, March 31st. They issued a “buy” rating and a $16.00 price objective for the company. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average 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.