Fifth Lane Capital LP Has $2.85 Million Stake in Cantor Equity Partners II Inc. $CEPT

Fifth Lane Capital LP lessened its holdings in Cantor Equity Partners II Inc. (NASDAQ:CEPT) by 38.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 253,478 shares of the company’s stock after selling 158,817 shares during the period. Cantor Equity Partners II makes up 2.1% of Fifth Lane Capital LP’s portfolio, making the stock its 7th biggest position. Fifth Lane Capital LP’s holdings in Cantor Equity Partners II were worth $2,854,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of CEPT. K2 Principal Fund L.P. increased its position in shares of Cantor Equity Partners II by 130.0% during the 4th quarter. K2 Principal Fund L.P. now owns 347,129 shares of the company’s stock worth $3,909,000 after purchasing an additional 196,191 shares in the last quarter. DLD Asset Management LP lifted its stake in shares of Cantor Equity Partners II by 135.5% in the 4th quarter. DLD Asset Management LP now owns 400,000 shares of the company’s stock valued at $4,504,000 after purchasing an additional 230,178 shares during the period. SPX Gestao de Recursos Ltda acquired a new position in shares of Cantor Equity Partners II during the 4th quarter worth about $3,434,000. Alyeska Investment Group L.P. boosted its position in shares of Cantor Equity Partners II by 57.4% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,763,546 shares of the company’s stock worth $19,858,000 after purchasing an additional 642,845 shares in the last quarter. Finally, HRT Financial LP bought a new stake in shares of Cantor Equity Partners II in the fourth quarter worth about $1,169,000.

Cantor Equity Partners II Price Performance

Shares of NASDAQ:CEPT opened at $11.93 on Friday. Cantor Equity Partners II Inc. has a one year low of $10.32 and a one year high of $14.05. The firm has a 50 day simple moving average of $11.89 and a 200 day simple moving average of $11.51. The company has a market cap of $364.82 million and a price-to-earnings ratio of -108.45.

Cantor Equity Partners II (NASDAQ:CEPT) last announced its quarterly earnings results on Friday, May 8th. The company reported $0.08 EPS for the quarter. The firm had revenue of $3.88 million for the quarter.

Wall Street Analyst Weigh In

Several analysts have issued reports on CEPT shares. Weiss Ratings raised Cantor Equity Partners II from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday, June 1st. Benchmark initiated coverage on Cantor Equity Partners II in a report on Tuesday, March 31st. They set a “buy” rating and a $16.00 price target for the company. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $16.00.

About Cantor Equity Partners II

Cantor Equity Partners II (NASDAQ: CEPT) is a closed-end management investment company that focuses on providing customized capital solutions to private, middle-market companies in the United States. Listed on the Nasdaq, CEPT seeks to deliver attractive risk-adjusted returns by investing across a spectrum of debt and equity instruments. Its portfolio may include senior secured loans, subordinated and mezzanine debt, preferred equity, and common equity, allowing it to tailor financing structures to meet the specific growth, acquisition or recapitalization needs of its portfolio companies.

As a business development company registered under the Investment Company Act of 1940, CEPT targets U.S.