Wolverine Asset Management LLC acquired a new position in shares of Altitude Acquisition Corp. (OTCMKTS:ALTUU – Get Rating) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 8,472 shares of the company’s stock, valued at approximately $84,000.
Altitude Acquisition Price Performance
Shares of OTCMKTS:ALTUU opened at $10.08 on Thursday. Altitude Acquisition Corp. has a 12-month low of $9.81 and a 12-month high of $10.66. The stock’s 50-day moving average price is $9.99 and its two-hundred day moving average price is $10.02.
Insider Buying and Selling
In other Altitude Acquisition news, major shareholder Paribas Arbitrage Sa Bnp sold 395,000 shares of the stock in a transaction that occurred on Tuesday, July 19th. The shares were sold at an average price of $9.94, for a total transaction of $3,926,300.00. Following the transaction, the insider now owns 204,600 shares of the company’s stock, valued at $2,033,724. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
About Altitude Acquisition
Altitude Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on travel, travel technology and travel-related businesses.
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