Context Capital Management LLC Buys New Position in Axiom Intelligence Acquisition Corp 1 $AXIN

Context Capital Management LLC purchased a new position in shares of Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXIN) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 250,000 shares of the company’s stock, valued at approximately $2,591,000. Context Capital Management LLC owned approximately 0.92% of Axiom Intelligence Acquisition Corp 1 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Deltec Asset Management LLC bought a new position in Axiom Intelligence Acquisition Corp 1 during the 3rd quarter valued at $518,000. Calamos Advisors LLC purchased a new position in Axiom Intelligence Acquisition Corp 1 during the 3rd quarter worth $1,037,000. SkyView Investment Advisors LLC purchased a new position in Axiom Intelligence Acquisition Corp 1 during the 2nd quarter worth $2,068,000. Finally, Sona Asset Management US LLC bought a new stake in shares of Axiom Intelligence Acquisition Corp 1 in the 1st quarter worth $4,555,000.

Wall Street Analysts Forecast Growth

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

Axiom Intelligence Acquisition Corp 1 Price Performance

Axiom Intelligence Acquisition Corp 1 stock opened at $10.41 on Wednesday. Axiom Intelligence Acquisition Corp 1 has a 52 week low of $10.05 and a 52 week high of $10.45. The company’s 50 day moving average price is $10.36 and its two-hundred day moving average price is $10.27.

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

About Axiom Intelligence Acquisition Corp 1

Axiom Intelligence Acquisition Corp 1 is a special purpose acquisition company (SPAC) listed on the Nasdaq under the symbol AXIN. The company was formed to raise capital through an initial public offering and use those proceeds to pursue a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more operating businesses. As a blank-check company, Axiom Intelligence Acquisition Corp 1 does not currently operate a traditional commercial business and does not offer products or services to customers.