D. Boral ARC Acquisition I Corp. $BCAR is Harraden Circle Investments LLC’s 8th Largest Position

Harraden Circle Investments LLC lifted its stake in shares of D. Boral ARC Acquisition I Corp. (NASDAQ:BCAR) by 23.9% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 2,643,991 shares of the company’s stock after purchasing an additional 510,137 shares during the quarter. D. Boral ARC Acquisition I accounts for approximately 2.7% of Harraden Circle Investments LLC’s investment portfolio, making the stock its 8th biggest holding. Harraden Circle Investments LLC’s holdings in D. Boral ARC Acquisition I were worth $27,577,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. StoneX Group Inc. raised its stake in D. Boral ARC Acquisition I by 4.5% in the 4th quarter. StoneX Group Inc. now owns 78,393 shares of the company’s stock worth $786,000 after acquiring an additional 3,393 shares during the last quarter. Berkley W R Corp grew its stake in D. Boral ARC Acquisition I by 1.7% during the 1st quarter. Berkley W R Corp now owns 226,854 shares of the company’s stock valued at $2,296,000 after purchasing an additional 3,686 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of D. Boral ARC Acquisition I in the fourth quarter valued at about $127,000. Heights Capital Management Inc. acquired a new position in shares of D. Boral ARC Acquisition I in the fourth quarter valued at about $248,000. Finally, PenderFund Capital Management Ltd. purchased a new position in shares of D. Boral ARC Acquisition I in the fourth quarter worth about $295,000. 4.33% of the stock is owned by hedge funds and other institutional investors.

D. Boral ARC Acquisition I Stock Up 1.4%

Shares of BCAR opened at $4.79 on Friday. The business’s 50-day moving average is $7.27 and its two-hundred day moving average is $9.28. D. Boral ARC Acquisition I Corp. has a fifty-two week low of $3.99 and a fifty-two week high of $11.17.

D. Boral ARC Acquisition I (NASDAQ:BCAR) last issued its quarterly earnings data on Friday, August 14th. The company reported $0.05 earnings per share (EPS) for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings raised D. Boral ARC Acquisition I from a “sell (e)” rating to a “sell (d-)” rating in a report on Friday, August 14th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

D. Boral ARC Acquisition I Company 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.