Aventail Capital Group LP Makes New Investment in Hennessy Capital Investment Corp. VII $HVII

Aventail Capital Group LP bought a new position in shares of Hennessy Capital Investment Corp. VII (NASDAQ:HVII) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,392,607 shares of the company’s stock, valued at approximately $14,413,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Cantor Fitzgerald L. P. bought a new stake in Hennessy Capital Investment Corp. VII during the 4th quarter worth approximately $927,000. Monimus Capital Management LP bought a new stake in Hennessy Capital Investment Corp. VII during the 4th quarter worth approximately $1,550,000. Sculptor Capital LP bought a new stake in Hennessy Capital Investment Corp. VII during the 4th quarter worth approximately $3,654,000. Barclays PLC bought a new stake in Hennessy Capital Investment Corp. VII during the 4th quarter worth approximately $104,000. Finally, DLD Asset Management LP grew its holdings in Hennessy Capital Investment Corp. VII by 31.3% during the 4th quarter. DLD Asset Management LP now owns 146,667 shares of the company’s stock worth $1,518,000 after acquiring an additional 34,965 shares during the last quarter.

Hennessy Capital Investment Corp. VII Stock Performance

Shares of NASDAQ HVII opened at $10.45 on Thursday. Hennessy Capital Investment Corp. VII has a 52-week low of $10.13 and a 52-week high of $10.99. The stock has a 50 day moving average price of $10.41.

Hennessy Capital Investment Corp. VII (NASDAQ:HVII) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.02 earnings per share (EPS) for the quarter.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on HVII. Weiss Ratings reissued a “sell (d)” rating on shares of Hennessy Capital Investment Corp. VII in a report on Tuesday, June 9th. Benchmark assumed coverage on shares of Hennessy Capital Investment Corp. VII in a research report on Wednesday, April 29th. They issued a “buy” rating on the stock. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Hennessy Capital Investment Corp. VII Company Profile

Hennessy Capital Investment Corp. VII (NASDAQ: HVII) is a special purpose acquisition company (SPAC), commonly known as a blank-check company, formed to raise capital in a public offering for the purpose of identifying, negotiating and completing one or more business combinations. As a SPAC, its principal business activity is to locate and transact with a private operating company and provide that company with a path to become publicly traded through a de-SPAC merger or similar transaction.

The company’s operating activities center on sourcing potential acquisition targets, conducting due diligence, structuring and negotiating merger agreements, and arranging the financing needed to close transactions.