Wolverine Asset Management LLC Has $1.04 Million Stock Holdings in Churchill Capital Corp IX $CCIX

Wolverine Asset Management LLC increased its position in Churchill Capital Corp IX (NASDAQ:CCIX) by 750.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 97,800 shares of the company’s stock after purchasing an additional 86,300 shares during the quarter. Wolverine Asset Management LLC’s holdings in Churchill Capital Corp IX were worth $1,040,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in CCIX. TENOR CAPITAL MANAGEMENT Co. L.P. grew its stake in shares of Churchill Capital Corp IX by 618.8% in the 3rd quarter. TENOR CAPITAL MANAGEMENT Co. L.P. now owns 1,437,500 shares of the company’s stock valued at $15,065,000 after buying an additional 1,237,500 shares during the period. Meteora Capital LLC grew its stake in shares of Churchill Capital Corp IX by 105.7% in the 3rd quarter. Meteora Capital LLC now owns 668,024 shares of the company’s stock valued at $7,001,000 after buying an additional 343,339 shares during the period. Fort Baker Capital Management LP grew its stake in shares of Churchill Capital Corp IX by 10.6% in the 3rd quarter. Fort Baker Capital Management LP now owns 2,833,119 shares of the company’s stock valued at $29,691,000 after buying an additional 270,441 shares during the period. Clear Street Group Inc. acquired a new stake in Churchill Capital Corp IX in the 3rd quarter valued at $2,619,000. Finally, Shaolin Capital Management LLC acquired a new stake in Churchill Capital Corp IX in the 2nd quarter valued at $2,104,000.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of Churchill Capital Corp IX from a “sell” rating to a “hold” rating in a research report on Monday, March 16th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Churchill Capital Corp IX Stock Performance

NASDAQ CCIX opened at $10.78 on Wednesday. The company has a market cap of $395.22 million, a P/E ratio of 49.00 and a beta of -0.05. Churchill Capital Corp IX has a 12-month low of $10.45 and a 12-month high of $11.66. The company has a fifty day simple moving average of $10.70 and a 200 day simple moving average of $10.67.

Churchill Capital Corp IX (NASDAQ:CCIX) last released its quarterly earnings results on Thursday, February 5th. The company reported $0.07 earnings per share (EPS) for the quarter.

Churchill Capital Corp IX Profile

Coleman Cable, Inc (Coleman) is a designer, developer, manufacturer and supplier of electrical wire and cable products for consumer, commercial and industrial applications, with operations primarily in the United States and in Honduras and Canada. The Company’s wire and cable products enable it to offer its customers a single source for many of their wire and cable product requirements. It manufactures its products in 10 domestic manufacturing locations and supplement its domestic production with both international and domestic sourcing.