Clear Street Group Inc. Acquires Shares of 660,808 Apex Technology Acquisition Co. $APXT

Clear Street Group Inc. acquired a new stake in Apex Technology Acquisition Co. (NASDAQ:APXT) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 660,808 shares of the company’s stock, valued at approximately $6,535,000.

A number of other institutional investors have also made changes to their positions in APXT. Wolverine Asset Management LLC bought a new stake in Apex Technology Acquisition in the 4th quarter valued at $11,246,000. HighTower Advisors LLC acquired a new stake in Apex Technology Acquisition during the 4th quarter valued at $11,272,000. Periscope Capital Inc. bought a new position in Apex Technology Acquisition during the fourth quarter worth $4,450,000. Mint Tower Capital Management B.V. bought a new position in Apex Technology Acquisition during the fourth quarter worth $989,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Apex Technology Acquisition in the fourth quarter valued at $3,956,000. 6.01% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings assumed coverage on shares of Apex Technology Acquisition in a research report on Tuesday, May 26th. They issued a “sell (e+)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Apex Technology Acquisition presently has a consensus rating of “Sell”.

Apex Technology Acquisition Stock Down 0.1%

Shares of APXT stock opened at $10.03 on Friday. The company has a 50-day simple moving average of $10.01 and a 200 day simple moving average of $9.95. Apex Technology Acquisition Co. has a 52 week low of $9.87 and a 52 week high of $10.06.

Apex Technology Acquisition (NASDAQ:APXT) last announced its earnings results on Thursday, March 26th. The company reported $0.09 EPS for the quarter.

Apex Technology Acquisition Profile

Apex Technology Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the software and internet technology industries. The company was incorporated in 2019 and is based in Burlingame, California. Apex Technology Acquisition Corporation is a subsidiary of Apex Technology Sponsor LLC.