Linden Advisors LP Reduces Holdings in Willow Lane Acquisition Corp. – Class A Ordinary Shares $WLAC

Linden Advisors LP lowered its position in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) by 64.7% in the third quarter, Holdings Channel reports. The institutional investor owned 150,000 shares of the company’s stock after selling 275,000 shares during the quarter. Linden Advisors LP’s holdings in Willow Lane Acquisition Corp. – Class A Ordinary Shares were worth $1,737,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Hiddenite Capital Partners LP acquired a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the third quarter valued at approximately $9,264,000. Magnetar Financial LLC acquired a new stake in Willow Lane Acquisition Corp. – Class A Ordinary Shares during the second quarter worth $12,900,000. Aurelius Capital Management LP acquired a new stake in Willow Lane Acquisition Corp. – Class A Ordinary Shares during the third quarter worth $3,520,000. Clear Street LLC raised its position in Willow Lane Acquisition Corp. – Class A Ordinary Shares by 108.0% in the second quarter. Clear Street LLC now owns 10,405 shares of the company’s stock valued at $106,000 after purchasing an additional 5,403 shares during the period. Finally, Boothbay Fund Management LLC purchased a new stake in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the third quarter valued at $1,737,000.

Willow Lane Acquisition Corp. – Class A Ordinary Shares Stock Up 0.5%

NASDAQ:WLAC opened at $10.90 on Tuesday. Willow Lane Acquisition Corp. – Class A Ordinary Shares has a fifty-two week low of $10.00 and a fifty-two week high of $15.19. The company has a 50 day moving average price of $11.44 and a 200 day moving average price of $11.80.

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) last announced its earnings results on Thursday, February 19th. The company reported $0.01 earnings per share (EPS) for the quarter.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Canaccord Genuity Group increased their price target on Willow Lane Acquisition Corp. – Class A Ordinary Shares from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Wednesday, December 17th. DA Davidson boosted their price objective on shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares from $15.00 to $17.00 and gave the company a “buy” rating in a report on Wednesday, December 17th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $17.00.

About Willow Lane Acquisition Corp. – Class A Ordinary Shares

Willow Lane Acquisition Corp. is a special purpose acquisition company incorporated in Delaware and listed on the Nasdaq under the ticker WLAC. As a blank check vehicle, the company does not conduct operations of its own but instead seeks to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more operating businesses.

The company was sponsored by Willow Lane Capital Partners, an investment firm with a focus on private equity and corporate development.