Context Capital Management LLC Buys 599,812 Shares of Sizzle Acquisition Corp. II $SZZL

Context Capital Management LLC bought a new stake in Sizzle Acquisition Corp. II (NASDAQ:SZZL) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 599,812 shares of the company’s stock, valued at approximately $6,292,000. Context Capital Management LLC owned approximately 1.92% of Sizzle Acquisition Corp. II at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Deltec Asset Management LLC purchased a new stake in Sizzle Acquisition Corp. II in the third quarter valued at $1,048,000. Sona Asset Management US LLC purchased a new position in shares of Sizzle Acquisition Corp. II during the first quarter worth about $1,040,000. Rangeley Capital LLC purchased a new position in shares of Sizzle Acquisition Corp. II during the first quarter worth about $103,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of Sizzle Acquisition Corp. II during the first quarter worth about $4,112,000.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Sizzle Acquisition Corp. II in a report on Thursday, August 27th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the company has a consensus rating of “Sell”.

Sizzle Acquisition Corp. II Price Performance

Shares of SZZL opened at $10.54 on Wednesday. The company’s fifty day moving average is $10.50 and its two-hundred day moving average is $10.37. Sizzle Acquisition Corp. II has a 1 year low of $10.15 and a 1 year high of $10.55.

Sizzle Acquisition Corp. II (NASDAQ:SZZL) last released its earnings results on Wednesday, August 12th. The company reported $0.06 EPS for the quarter.

About Sizzle Acquisition Corp. II

Sizzle Acquisition Corp. II is a special purpose acquisition company (SPAC) incorporated to identify and complete a business combination with one or more operating companies. The company does not currently operate a commercial business and does not offer products or services of its own. Its activities are focused on evaluating potential merger, acquisition, or similar transactions. Until a transaction is completed, Sizzle Acquisition Corp. II’s operations are generally limited to organizational matters, evaluating acquisition opportunities, and complying with public-company reporting requirements.