Wolverine Asset Management LLC increased its stake in Slam Corp. (NASDAQ:SLAM – Get Rating) by 61.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,925 shares of the company’s stock after acquiring an additional 9,115 shares during the quarter. Wolverine Asset Management LLC’s holdings in Slam were worth $242,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Weiss Asset Management LP acquired a new position in Slam in the third quarter valued at approximately $4,001,000. Westchester Capital Management LLC lifted its stake in Slam by 1,586.1% in the third quarter. Westchester Capital Management LLC now owns 633,006 shares of the company’s stock valued at $6,274,000 after buying an additional 595,464 shares during the period. Saba Capital Management L.P. lifted its stake in Slam by 7.4% in the third quarter. Saba Capital Management L.P. now owns 1,735,004 shares of the company’s stock valued at $17,194,000 after buying an additional 120,251 shares during the period. Nomura Holdings Inc. lifted its stake in Slam by 0.5% in the third quarter. Nomura Holdings Inc. now owns 1,032,046 shares of the company’s stock valued at $10,228,000 after buying an additional 5,350 shares during the period. Finally, State Street Corp lifted its stake in Slam by 29.7% in the third quarter. State Street Corp now owns 15,297 shares of the company’s stock valued at $152,000 after buying an additional 3,500 shares during the period. 74.08% of the stock is owned by institutional investors and hedge funds.
Slam Price Performance
Shares of SLAM opened at $10.41 on Friday. Slam Corp. has a 52-week low of $9.77 and a 52-week high of $10.60. The business’s 50 day moving average price is $10.30 and its two-hundred day moving average price is $10.14.
Slam Company Profile
Slam Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York.
Further Reading
- Get a free copy of the StockNews.com research report on Slam (SLAM)
- 2 Industrial Strength Dividend Stocks Melting Up
- Proctor & Gamble Is Going To Set A New High
- AutoNation’s Plans are Keeping Analysts Around
- Netflix Increases Buybacks: Can It Complete A Reversal In 2023?
- No, It Isn’t Time To Sell IBM Stock
Receive News & Ratings for Slam Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Slam and related companies with MarketBeat.com's FREE daily email newsletter.
