Weiss Asset Management LP Increases Stock Holdings in Williams Rowland Acquisition Corp. (NYSE:WRAC)

Weiss Asset Management LP lifted its position in Williams Rowland Acquisition Corp. (NYSE:WRAC – Get Rating) by 89.7% during the third quarter, HoldingsChannel reports. The institutional investor owned 250,567 shares of the company’s stock after purchasing an additional 118,500 shares during the period. Weiss Asset Management LP’s holdings in Williams Rowland Acquisition were worth $2,526,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Nomura Holdings Inc. lifted its holdings in shares of Williams Rowland Acquisition by 263.5% in the second quarter. Nomura Holdings Inc. now owns 689,777 shares of the company’s stock worth $6,901,000 after buying an additional 500,000 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of Williams Rowland Acquisition in the first quarter worth about $3,853,000. Westchester Capital Management LLC purchased a new stake in shares of Williams Rowland Acquisition in the third quarter worth about $2,520,000. Verition Fund Management LLC lifted its holdings in shares of Williams Rowland Acquisition by 107.7% in the third quarter. Verition Fund Management LLC now owns 59,944 shares of the company’s stock worth $604,000 after buying an additional 31,080 shares in the last quarter. Finally, Ergoteles LLC purchased a new stake in shares of Williams Rowland Acquisition in the third quarter worth about $202,000. 69.75% of the stock is owned by hedge funds and other institutional investors.

Williams Rowland Acquisition Price Performance

Shares of Williams Rowland Acquisition stock opened at $10.21 on Friday. Williams Rowland Acquisition Corp. has a 12-month low of $9.92 and a 12-month high of $10.85. The company’s 50-day moving average price is $10.23 and its 200-day moving average price is $10.16.

Insider Activity at Williams Rowland Acquisition

In related news, CEO David Brewster Williams bought 231,521 shares of the stock in a transaction that occurred on Monday, December 19th. The shares were acquired at an average cost of $10.01 per share, with a total value of $2,317,525.21. Following the completion of the purchase, the chief executive officer now directly owns 231,521 shares of the company’s stock, valued at approximately $2,317,525.21. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 18.70% of the stock is currently owned by insiders.

About Williams Rowland Acquisition

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Williams Rowland Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses. The company focuses on the financial services, fintech, and technology sectors.