DLD Asset Management LP Raises Stock Position in Texas Ventures Acquisition III Corp $TVA

DLD Asset Management LP increased its position in shares of Texas Ventures Acquisition III Corp (NASDAQ:TVA) by 106.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 197,072 shares of the company’s stock after acquiring an additional 101,805 shares during the period. DLD Asset Management LP’s holdings in Texas Ventures Acquisition III were worth $2,048,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Royal Bank of Canada purchased a new position in shares of Texas Ventures Acquisition III during the 4th quarter valued at $35,000. Quarry LP bought a new position in shares of Texas Ventures Acquisition III in the fourth quarter worth $129,000. Marex Group plc bought a new position in shares of Texas Ventures Acquisition III in the fourth quarter worth $133,000. Governors Lane LP raised its position in shares of Texas Ventures Acquisition III by 11.5% in the fourth quarter. Governors Lane LP now owns 468,058 shares of the company’s stock worth $4,985,000 after buying an additional 48,258 shares in the last quarter. Finally, Lincoln Capital Corp purchased a new stake in shares of Texas Ventures Acquisition III in the first quarter worth $520,000.

Analyst Upgrades and Downgrades

TVA has been the subject of several research analyst reports. Weiss Ratings raised Texas Ventures Acquisition III from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday, June 1st. Wall Street Zen lowered Texas Ventures Acquisition III from a “hold” rating to a “sell” rating in a research note on Saturday, May 23rd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Texas Ventures Acquisition III presently has an average rating of “Sell”.

Texas Ventures Acquisition III Trading Up 0.1%

Shares of Texas Ventures Acquisition III stock opened at $10.55 on Thursday. Texas Ventures Acquisition III Corp has a 1 year low of $10.11 and a 1 year high of $12.27. The company has a 50 day simple moving average of $10.51 and a two-hundred day simple moving average of $10.53.

Texas Ventures Acquisition III (NASDAQ:TVA) last issued its quarterly earnings results on Wednesday, April 15th. The company reported $0.17 EPS for the quarter.

About Texas Ventures Acquisition III

Texas Ventures Acquisition III (NASDAQ: TVA) is a special purpose acquisition company (SPAC) listed on the NASDAQ exchange. As a blank‑check company, its principal business purpose is to raise capital in the public markets and use those proceeds to identify, negotiate and consummate one or more business combinations with an operating company.

Unlike an operating company, Texas Ventures Acquisition III does not produce goods or services while it searches for a target. Its activities typically include managing the capital held in trust, conducting diligence on prospective acquisition candidates, negotiating transaction terms, and seeking shareholder and regulatory approvals required to complete a business combination.

Pending completion of a business combination, the company’s prospects and ultimate strategy are driven by its management and sponsors; specific target industries, geographies and leadership details are disclosed through the company’s public filings and press releases as opportunities develop.