250,000 Shares in Armada Acquisition Corp. II $XRPN Acquired by Sculptor Capital LP

Sculptor Capital LP bought a new stake in shares of Armada Acquisition Corp. II (NASDAQ:XRPN) in the 4th quarter, HoldingsChannel reports. The firm bought 250,000 shares of the company’s stock, valued at approximately $2,560,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Huntington National Bank acquired a new stake in Armada Acquisition Corp. II during the fourth quarter valued at approximately $26,000. HRT Financial LP acquired a new stake in Armada Acquisition Corp. II during the fourth quarter valued at approximately $112,000. Geode Capital Management LLC acquired a new stake in Armada Acquisition Corp. II during the fourth quarter valued at approximately $155,000. Commonwealth Equity Services LLC acquired a new stake in Armada Acquisition Corp. II during the fourth quarter valued at approximately $849,000. Finally, Bulldog Investors LLP acquired a new stake in Armada Acquisition Corp. II during the fourth quarter valued at approximately $1,024,000. 27.95% of the stock is owned by institutional investors and hedge funds.

Armada Acquisition Corp. II Stock Up 0.2%

XRPN stock opened at $10.42 on Tuesday. Armada Acquisition Corp. II has a 12 month low of $10.00 and a 12 month high of $10.91. The company’s 50 day simple moving average is $10.38.

Armada Acquisition Corp. II (NASDAQ:XRPN) last released its earnings results on Wednesday, May 13th. The company reported $0.04 EPS for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Armada Acquisition Corp. II in a research note on Friday, May 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Armada Acquisition Corp. II Company Profile

Armada Acquisition Corp. II (NASDAQ: XRPN) is a special purpose acquisition company (SPAC), commonly known as a blank‑check company, formed to raise capital through an initial public offering for the purpose of effecting a business combination. As a SPAC, the company does not operate an active commercial business; instead, its primary activity is identifying, negotiating and completing a merger, share exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more target companies.

Following its public listing, Armada Acquisition Corp.