K2 Principal Fund L.P. Sells 186,832 Shares of American Exceptionalism Acquisition Corp. $AEXA

K2 Principal Fund L.P. decreased its holdings in shares of American Exceptionalism Acquisition Corp. (NYSE:AEXA) by 56.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 143,403 shares of the company’s stock after selling 186,832 shares during the period. K2 Principal Fund L.P. owned approximately 0.29% of American Exceptionalism Acquisition worth $1,633,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Kestra Advisory Services LLC bought a new stake in shares of American Exceptionalism Acquisition during the 4th quarter valued at $181,000. Berkley W R Corp raised its position in shares of American Exceptionalism Acquisition by 12.5% during the 4th quarter. Berkley W R Corp now owns 391,714 shares of the company’s stock valued at $4,462,000 after acquiring an additional 43,569 shares during the last quarter. Walleye Capital LLC bought a new stake in shares of American Exceptionalism Acquisition during the 4th quarter valued at $1,343,000. DLD Asset Management LP raised its position in shares of American Exceptionalism Acquisition by 33.3% during the 4th quarter. DLD Asset Management LP now owns 84,952 shares of the company’s stock valued at $968,000 after acquiring an additional 21,238 shares during the last quarter. Finally, Harraden Circle Investments LLC raised its position in shares of American Exceptionalism Acquisition by 26.6% during the 4th quarter. Harraden Circle Investments LLC now owns 886,000 shares of the company’s stock valued at $10,092,000 after acquiring an additional 186,000 shares during the last quarter.

American Exceptionalism Acquisition Stock Down 0.2%

AEXA opened at $11.28 on Friday. American Exceptionalism Acquisition Corp. has a 12 month low of $10.49 and a 12 month high of $11.91. The company has a fifty day simple moving average of $11.29 and a 200 day simple moving average of $11.27. The stock has a market cap of $558.02 million and a P/E ratio of 188.03.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of American Exceptionalism Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research report on Monday, June 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

American Exceptionalism Acquisition Company Profile

We are led by Chamath Palihapitiya, the founder and Managing Partner of Social Capital. Like Social Capital, the company is formed to confront the world’s hardest problems. Although these problems have evolved over the past decade, our approach remains the same—with a dedication to first principles thinking, deep technological understanding and a willingness to be contrarian to consensus. — We intend to find companies that operate in sectors that we believe will be instrumental in maintaining U.S.