Context Capital Management LLC Has $3.59 Million Stake in D. Boral ARC Acquisition I Corp. $BCAR

Context Capital Management LLC reduced its stake in shares of D. Boral ARC Acquisition I Corp. (NASDAQ:BCAR) by 40.8% in the first quarter, HoldingsChannel.com reports. The firm owned 355,099 shares of the company’s stock after selling 244,901 shares during the period. Context Capital Management LLC’s holdings in D. Boral ARC Acquisition I were worth $3,594,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of BCAR. Meteora Capital LLC lifted its holdings in shares of D. Boral ARC Acquisition I by 1,288.5% in the fourth quarter. Meteora Capital LLC now owns 1,928,291 shares of the company’s stock valued at $19,341,000 after purchasing an additional 1,789,416 shares in the last quarter. Wolverine Asset Management LLC grew its holdings in D. Boral ARC Acquisition I by 33.5% during the fourth quarter. Wolverine Asset Management LLC now owns 1,134,863 shares of the company’s stock worth $11,383,000 after buying an additional 284,863 shares in the last quarter. Radcliffe Capital Management L.P. boosted its holdings in D. Boral ARC Acquisition I by 20.7% during the 4th quarter. Radcliffe Capital Management L.P. now owns 549,672 shares of the company’s stock worth $5,513,000 after acquiring an additional 94,323 shares during the last quarter. OMERS ADMINISTRATION Corp purchased a new position in D. Boral ARC Acquisition I during the 4th quarter worth $5,015,000. Finally, Magnetar Financial LLC bought a new stake in shares of D. Boral ARC Acquisition I in the 4th quarter worth $4,764,000. 4.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of D. Boral ARC Acquisition I in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

D. Boral ARC Acquisition I Stock Performance

Shares of BCAR stock opened at $10.36 on Monday. The firm’s fifty day simple moving average is $10.59. D. Boral ARC Acquisition I Corp. has a 1 year low of $9.88 and a 1 year high of $11.17.

D. Boral ARC Acquisition I (NASDAQ:BCAR) last issued its earnings results on Friday, May 15th. The company reported $0.07 EPS for the quarter.

D. Boral ARC Acquisition I Profile

D. Boral ARC Acquisition I (NASDAQ: BCAR) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to raise capital through a public offering and to effect a merger, share exchange, asset acquisition or similar business combination with one or more operating businesses. As a SPAC, its primary activity is identifying and negotiating a business combination rather than conducting commercial operations itself.

Publicly available disclosures do not identify a confirmed target company, a specific industry focus or detailed information about the company’s leadership and sponsors in widely accessible sources.