90,638 Shares in Kochav Defense Acquisition Corp. $KCHV Bought by BlueCrest Capital Management Ltd

BlueCrest Capital Management Ltd acquired a new stake in shares of Kochav Defense Acquisition Corp. (NASDAQ:KCHV) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 90,638 shares of the company’s stock, valued at approximately $940,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sona Asset Management US LLC bought a new position in Kochav Defense Acquisition in the first quarter worth about $1,795,000. Virtu Financial LLC bought a new stake in shares of Kochav Defense Acquisition in the 4th quarter valued at about $143,000. Stoic Point Capital Management LLC bought a new stake in shares of Kochav Defense Acquisition in the 4th quarter valued at about $682,000. Berkley W R Corp grew its position in shares of Kochav Defense Acquisition by 15.8% in the 4th quarter. Berkley W R Corp now owns 1,686,575 shares of the company’s stock worth $17,102,000 after buying an additional 229,562 shares during the last quarter. Finally, Westchester Capital Management LLC grew its position in shares of Kochav Defense Acquisition by 349.7% in the 4th quarter. Westchester Capital Management LLC now owns 1,286,000 shares of the company’s stock worth $13,040,000 after buying an additional 1,000,000 shares during the last quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Kochav Defense Acquisition from a “sell (d-)” rating to a “sell (d)” rating in a research report on Thursday, August 20th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Kochav Defense Acquisition currently has an average rating of “Sell”.

Kochav Defense Acquisition Price Performance

Kochav Defense Acquisition stock opened at $10.45 on Thursday. Kochav Defense Acquisition Corp. has a 1-year low of $10.02 and a 1-year high of $10.45. The business has a fifty day moving average price of $10.40 and a 200-day moving average price of $10.33.

Kochav Defense Acquisition (NASDAQ:KCHV) last announced its earnings results on Thursday, August 13th. The company reported $0.06 earnings per share (EPS) for the quarter.

Kochav Defense Acquisition Profile

We are a newly organized blank check company originally formed as Cayman Islands exempted company on January 7, 2025 for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.