Berkley W R Corp Buys 1,498,590 Shares of Haymaker Acquisition Corp. 4 $HYAC

Berkley W R Corp grew its stake in shares of Haymaker Acquisition Corp. 4 (NYSE:HYAC) by 826.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,680,012 shares of the company’s stock after purchasing an additional 1,498,590 shares during the period. Haymaker Acquisition Corp. 4 makes up 1.1% of Berkley W R Corp’s investment portfolio, making the stock its 13th biggest holding. Berkley W R Corp owned about 5.76% of Haymaker Acquisition Corp. 4 worth $19,051,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Radcliffe Capital Management L.P. grew its stake in shares of Haymaker Acquisition Corp. 4 by 665.5% in the 3rd quarter. Radcliffe Capital Management L.P. now owns 76,631 shares of the company’s stock valued at $869,000 after buying an additional 66,620 shares during the period. JPMorgan Chase & Co. acquired a new position in Haymaker Acquisition Corp. 4 during the 2nd quarter worth approximately $1,110,000. Finally, Wolverine Asset Management LLC boosted its holdings in Haymaker Acquisition Corp. 4 by 43.9% in the third quarter. Wolverine Asset Management LLC now owns 1,442,432 shares of the company’s stock worth $16,357,000 after acquiring an additional 440,383 shares in the last quarter. Institutional investors own 71.07% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Zacks Research raised Haymaker Acquisition Corp. 4 to a “hold” rating in a research note on Thursday, March 5th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Haymaker Acquisition Corp. 4 in a report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce”.

Haymaker Acquisition Corp. 4 Stock Performance

HYAC opened at $11.46 on Friday. Haymaker Acquisition Corp. 4 has a fifty-two week low of $10.88 and a fifty-two week high of $11.50. The company’s 50-day moving average is $11.43 and its 200 day moving average is $11.35.

Haymaker Acquisition Corp. 4 Profile

Haymaker Acquisition Corp. 4, launched in 2021, is a special purpose acquisition company incorporated in Delaware. The company’s sole purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It is listed on the New York Stock Exchange under the ticker symbol HYAC.

The sponsor of the company is Haymaker Capital Investments, a US-based investment management firm that focuses on equity investments across a range of industries.