T3 Companies LLC Makes New Investment in Newbury Street II Acquisition Corp – Class A Ordinary Shares $NTWO

T3 Companies LLC purchased a new position in Newbury Street II Acquisition Corp – Class A Ordinary Shares (NASDAQ:NTWO) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 109,184 shares of the company’s stock, valued at approximately $1,182,000. Newbury Street II Acquisition Corp – Class A Ordinary Shares makes up about 1.2% of T3 Companies LLC’s portfolio, making the stock its 20th biggest holding.

Separately, Robinson Capital Management LLC raised its position in Newbury Street II Acquisition Corp – Class A Ordinary Shares by 78.7% during the second quarter. Robinson Capital Management LLC now owns 27,250 shares of the company’s stock worth $290,000 after acquiring an additional 12,000 shares during the period.

Newbury Street II Acquisition Corp – Class A Ordinary Shares Stock Up 0.1%

Shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares stock opened at $10.84 on Friday. Newbury Street II Acquisition Corp – Class A Ordinary Shares has a twelve month low of $10.29 and a twelve month high of $12.14. The firm’s 50-day moving average price is $10.95 and its 200 day moving average price is $10.75.

Newbury Street II Acquisition Corp – Class A Ordinary Shares (NASDAQ:NTWO) last posted its quarterly earnings data on Thursday, August 13th. The company reported $0.01 EPS for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday, October 8th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the company has a consensus rating of “Sell”.

About Newbury Street II Acquisition Corp – Class A Ordinary Shares

Newbury Street II Acquisition Corp. is a special purpose acquisition company (SPAC) that was formed to pursue a business combination with one or more operating companies. Its potential transactions may include a merger, share exchange, acquisition of assets, reorganization, or a similar corporate combination.

As a blank-check company, Newbury Street II does not operate a commercial business and does not offer products or services of its own. Its primary activities involve identifying a prospective target, conducting due diligence, and seeking shareholder approval for a proposed transaction.

The company’s Class A ordinary shares trade on the Nasdaq under the symbol NTWO.