SkyView Investment Advisors LLC Takes Position in Axiom Intelligence Acquisition Corp 1 $AXIN

SkyView Investment Advisors LLC bought a new stake in Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXIN) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 200,000 shares of the company’s stock, valued at approximately $2,068,000. Axiom Intelligence Acquisition Corp 1 accounts for 1.7% of SkyView Investment Advisors LLC’s holdings, making the stock its 14th largest holding. SkyView Investment Advisors LLC owned 0.73% of Axiom Intelligence Acquisition Corp 1 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AXIN. Radcliffe Capital Management L.P. raised its stake in Axiom Intelligence Acquisition Corp 1 by 16.4% during the 4th quarter. Radcliffe Capital Management L.P. now owns 549,758 shares of the company’s stock worth $5,531,000 after buying an additional 77,571 shares during the period. Sona Asset Management US LLC acquired a new stake in Axiom Intelligence Acquisition Corp 1 in the first quarter valued at approximately $4,555,000. Finally, Periscope Capital Inc. grew its stake in Axiom Intelligence Acquisition Corp 1 by 3.0% in the fourth quarter. Periscope Capital Inc. now owns 386,200 shares of the company’s stock valued at $3,885,000 after acquiring an additional 11,200 shares during the period.

Axiom Intelligence Acquisition Corp 1 Trading Up 0.1%

Shares of AXIN stock opened at $10.35 on Tuesday. The firm has a 50-day moving average of $10.31 and a 200-day moving average of $10.26. Axiom Intelligence Acquisition Corp 1 has a one year low of $9.95 and a one year high of $10.45.

Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXIN) last issued its quarterly earnings data on Thursday, August 13th. The company reported $0.03 earnings per share (EPS) for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Axiom Intelligence Acquisition Corp 1 from a “sell (d-)” rating to a “sell (d)” rating in a research report on Tuesday, September 1st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Axiom Intelligence Acquisition Corp 1 presently has an average rating of “Sell”.

About Axiom Intelligence Acquisition Corp 1

Axiom Intelligence Acquisition Corp 1 is a special purpose acquisition company (SPAC) listed on the Nasdaq Capital Market under the ticker symbol AXIN. The company was formed to raise capital through a public offering and pursue a business combination with an existing private company.

Unlike an operating business, Axiom Intelligence Acquisition Corp 1 does not currently manufacture products or provide commercial services. Its activities are focused on identifying a suitable target, conducting due diligence and negotiating a merger, acquisition or similar transaction.