AlphaVest Acquisition Corp (NASDAQ:ATMV) Stock Holdings Lifted by Cowen AND Company LLC

Cowen AND Company LLC lifted its position in AlphaVest Acquisition Corp (NASDAQ:ATMV) by 68.8% in the 2nd quarter, Holdings Channel reports. The fund owned 278,202 shares of the company’s stock after buying an additional 113,410 shares during the period. Cowen AND Company LLC’s holdings in AlphaVest Acquisition were worth $3,069,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ATMV. Berkley W R Corp lifted its holdings in shares of AlphaVest Acquisition by 92.8% in the first quarter. Berkley W R Corp now owns 418,285 shares of the company’s stock valued at $4,601,000 after purchasing an additional 201,381 shares in the last quarter. Quarry LP acquired a new position in AlphaVest Acquisition during the fourth quarter valued at $1,961,000. K2 Principal Fund L.P. purchased a new stake in AlphaVest Acquisition in the 4th quarter worth about $1,589,000. Mizuho Securities USA LLC boosted its position in AlphaVest Acquisition by 87.8% during the 1st quarter. Mizuho Securities USA LLC now owns 236,073 shares of the company’s stock worth $2,561,000 after acquiring an additional 110,387 shares during the period. Finally, Glazer Capital LLC boosted its position in AlphaVest Acquisition by 1.5% during the 4th quarter. Glazer Capital LLC now owns 238,874 shares of the company’s stock worth $2,558,000 after acquiring an additional 3,500 shares during the period. Institutional investors and hedge funds own 46.08% of the company’s stock.

AlphaVest Acquisition Price Performance

Shares of ATMV traded up $0.01 during trading hours on Monday, reaching $11.12. The company’s stock had a trading volume of 74,200 shares, compared to its average volume of 36,533. The company has a 50 day moving average of $11.09 and a two-hundred day moving average of $11.01. AlphaVest Acquisition Corp has a 1-year low of $10.53 and a 1-year high of $11.14.

About AlphaVest Acquisition

AlphaVest Acquisition Corp does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2022 and is based in New York, New York.