Sculptor Capital LP Sells 527,315 Shares of Inflection Point Acquisition Corp. III $IPCX

Sculptor Capital LP trimmed its holdings in Inflection Point Acquisition Corp. III (NASDAQ:IPCX) by 68.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 247,685 shares of the company’s stock after selling 527,315 shares during the period. Sculptor Capital LP owned 0.72% of Inflection Point Acquisition Corp. III worth $2,512,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Geode Capital Management LLC grew its position in Inflection Point Acquisition Corp. III by 11.4% in the fourth quarter. Geode Capital Management LLC now owns 65,585 shares of the company’s stock worth $665,000 after acquiring an additional 6,708 shares in the last quarter. Cantor Fitzgerald L. P. bought a new stake in Inflection Point Acquisition Corp. III in the third quarter worth approximately $245,000. Virtu Financial LLC bought a new stake in Inflection Point Acquisition Corp. III in the third quarter worth approximately $273,000. K2 Principal Fund L.P. grew its position in Inflection Point Acquisition Corp. III by 11.5% in the fourth quarter. K2 Principal Fund L.P. now owns 276,543 shares of the company’s stock worth $2,804,000 after acquiring an additional 28,477 shares in the last quarter. Finally, Heights Capital Management Inc. bought a new stake in Inflection Point Acquisition Corp. III in the third quarter worth approximately $504,000.

Inflection Point Acquisition Corp. III Stock Up 0.1%

NASDAQ IPCX opened at $10.34 on Tuesday. The company has a fifty day simple moving average of $10.29 and a 200 day simple moving average of $10.21. Inflection Point Acquisition Corp. III has a 1 year low of $10.05 and a 1 year high of $10.35.

Inflection Point Acquisition Corp. III (NASDAQ:IPCX) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.07 earnings per share (EPS) for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Inflection Point Acquisition Corp. III in a research report on Friday, May 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Inflection Point Acquisition Corp. III currently has an average rating of “Sell”.

Inflection Point Acquisition Corp. III Company Profile

Inflection Point Acquisition Corp. III (NASDAQ: IPCX) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, that is organized to raise capital through a public offering for the purpose of effecting a merger, acquisition, capital stock exchange, asset purchase, reorganization or similar business combination. As a SPAC, it does not operate a conventional operating business; instead, its principal objective is to identify and combine with one or more operating businesses that will become publicly listed through the transaction.

Like many SPACs, Inflection Point Acquisition Corp.