Periscope Capital Inc. Has $6.43 Million Stock Holdings in Seaport Global Acquisition II Corp. (NASDAQ:SGII)

Periscope Capital Inc. grew its position in shares of Seaport Global Acquisition II Corp. (NASDAQ:SGII) by 148.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 630,000 shares of the company’s stock after acquiring an additional 376,324 shares during the quarter. Periscope Capital Inc. owned 8.04% of Seaport Global Acquisition II worth $6,426,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Radcliffe Capital Management L.P. raised its holdings in Seaport Global Acquisition II by 45.6% during the first quarter. Radcliffe Capital Management L.P. now owns 327,575 shares of the company’s stock worth $3,246,000 after acquiring an additional 102,575 shares in the last quarter. Cowen AND Company LLC increased its holdings in Seaport Global Acquisition II by 381.2% during the first quarter. Cowen AND Company LLC now owns 307,270 shares of the company’s stock worth $3,134,000 after buying an additional 243,417 shares during the last quarter. Cubist Systematic Strategies LLC raised its position in Seaport Global Acquisition II by 33.3% during the second quarter. Cubist Systematic Strategies LLC now owns 304,618 shares of the company’s stock worth $3,031,000 after acquiring an additional 76,059 shares in the last quarter. Verition Fund Management LLC bought a new stake in Seaport Global Acquisition II during the first quarter worth $2,643,000. Finally, Dark Forest Capital Management LP lifted its stake in Seaport Global Acquisition II by 834.5% in the fourth quarter. Dark Forest Capital Management LP now owns 265,876 shares of the company’s stock valued at $2,709,000 after acquiring an additional 237,425 shares during the last quarter. 51.41% of the stock is owned by institutional investors.

Seaport Global Acquisition II Stock Up 0.2 %

Shares of Seaport Global Acquisition II stock traded up $0.02 during trading on Thursday, hitting $10.72. 7,277 shares of the stock were exchanged, compared to its average volume of 18,871. The company has a fifty day moving average price of $10.56 and a 200-day moving average price of $10.38. Seaport Global Acquisition II Corp. has a 1-year low of $9.76 and a 1-year high of $11.67.

Seaport Global Acquisition II (NASDAQ:SGII) last released its quarterly earnings data on Monday, August 28th. The company reported ($0.26) earnings per share (EPS) for the quarter.

Seaport Global Acquisition II Profile

Seaport Global Acquisition II Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.