Walleye Capital LLC purchased a new stake in shares of Legato Merger Corp. II (NASDAQ:LGTO – Get Rating) during the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 47,472 shares of the company’s stock, valued at approximately $471,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Radcliffe Capital Management L.P. grew its holdings in Legato Merger Corp. II by 0.7% during the first quarter. Radcliffe Capital Management L.P. now owns 302,126 shares of the company’s stock valued at $2,997,000 after purchasing an additional 2,126 shares during the last quarter. State Street Corp acquired a new position in Legato Merger Corp. II during the first quarter valued at approximately $104,000. Citigroup Inc. acquired a new position in Legato Merger Corp. II during the first quarter valued at approximately $188,000. Walleye Trading LLC acquired a new stake in shares of Legato Merger Corp. II in the first quarter worth $357,000. Finally, Blackstone Inc. acquired a new stake in shares of Legato Merger Corp. II in the first quarter worth $553,000.
Legato Merger Corp. II Stock Performance
Shares of Legato Merger Corp. II stock opened at $9.94 on Friday. The business has a fifty day moving average of $9.96. Legato Merger Corp. II has a 1 year low of $9.73 and a 1 year high of $10.15.
Legato Merger Corp. II Profile
Legato Merger Corp. II does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It intends to focus on businesses in the infrastructure, engineering and construction, industrial, and renewables industries.
- Get a free copy of the StockNews.com research report on Legato Merger Corp. II (LGTO)
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