402,592 Shares in NewHold Investment Corp III $NHIC Acquired by Kryger Capital LLC

Kryger Capital LLC bought a new stake in NewHold Investment Corp III (NASDAQ:NHIC) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 402,592 shares of the company’s stock, valued at approximately $4,175,000.

Other hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. purchased a new position in NewHold Investment Corp III in the 2nd quarter worth approximately $1,015,000. Karpus Management Inc. purchased a new stake in shares of NewHold Investment Corp III during the 2nd quarter valued at $1,207,000. Shaolin Capital Management LLC purchased a new stake in shares of NewHold Investment Corp III during the 2nd quarter valued at $2,034,000. Whitebox Advisors LLC bought a new stake in shares of NewHold Investment Corp III during the 2nd quarter worth $2,542,000. Finally, TENOR CAPITAL MANAGEMENT Co. L.P. bought a new stake in shares of NewHold Investment Corp III during the 2nd quarter worth $9,950,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of NewHold Investment Corp III from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday, May 1st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, NewHold Investment Corp III currently has a consensus rating of “Sell”.

NewHold Investment Corp III Trading Up 0.1%

Shares of NewHold Investment Corp III stock opened at $10.81 on Friday. The firm has a market capitalization of $298.46 million, a PE ratio of 90.08 and a beta of 0.28. NewHold Investment Corp III has a 12 month low of $10.16 and a 12 month high of $11.60. The business’s 50-day moving average price is $10.91 and its 200-day moving average price is $10.59.

NewHold Investment Corp III (NASDAQ:NHIC) last released its earnings results on Monday, May 18th. The company reported $0.03 earnings per share for the quarter. The firm had revenue of $3.71 million during the quarter.

NewHold Investment Corp III Company Profile

NewHold Investment Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination, with one or more target businesses. The company was formerly known as NewHold Industrial Corp. and changed its name to NewHold Investment Corp. in February 2020. NewHold Investment Corp. was incorporated in 2020 and is based in Houston, Texas.