Deltec Asset Management LLC acquired a new stake in Sizzle Acquisition Corp. II (NASDAQ:SZZL – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 100,000 shares of the company’s stock, valued at approximately $1,048,000.
A number of other institutional investors and hedge funds have also modified their holdings of the stock. Rangeley Capital LLC purchased a new position in Sizzle Acquisition Corp. II in the 1st quarter valued at about $103,000. Sona Asset Management US LLC purchased a new stake in Sizzle Acquisition Corp. II during the 1st quarter worth approximately $1,040,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Sizzle Acquisition Corp. II during the 1st quarter worth approximately $4,112,000.
Sizzle Acquisition Corp. II Price Performance
Shares of NASDAQ:SZZL opened at $10.52 on Tuesday. The business has a 50-day moving average price of $10.48 and a 200 day moving average price of $10.35. Sizzle Acquisition Corp. II has a 12-month low of $10.10 and a 12-month high of $10.53.
Sizzle Acquisition Corp. II (NASDAQ:SZZL – Get Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The company reported $0.06 earnings per share for the quarter.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Sizzle Acquisition Corp. II in a research note on Thursday, August 27th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Sizzle Acquisition Corp. II currently has a consensus rating of “Sell”.
Check Out Our Latest Analysis on SZZL
Sizzle Acquisition Corp. II Company Profile
Sizzle Acquisition Corp. II is a special purpose acquisition company (SPAC) incorporated to identify and complete a business combination with one or more operating companies. The company does not currently operate a commercial business and does not offer products or services of its own.
Its activities are focused on evaluating potential merger, acquisition, or similar transactions. Until a transaction is completed, Sizzle Acquisition Corp. II’s operations are generally limited to organizational matters, evaluating acquisition opportunities, and complying with public-company reporting requirements.
The company has not publicly identified a definitive acquisition target in the information available.
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