Berkley W R Corp Grows Stock Position in Plum Acquisition Corp. I (NASDAQ:PLMI)

Berkley W R Corp increased its position in shares of Plum Acquisition Corp. I (NASDAQ:PLMI) by 176.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 445,607 shares of the company’s stock after buying an additional 284,381 shares during the quarter. Berkley W R Corp’s holdings in Plum Acquisition Corp. I were worth $4,942,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in PLMI. Wolverine Asset Management LLC raised its position in shares of Plum Acquisition Corp. I by 53.8% during the 4th quarter. Wolverine Asset Management LLC now owns 93,558 shares of the company’s stock valued at $1,015,000 after buying an additional 32,720 shares during the period. Mizuho Securities USA LLC raised its position in shares of Plum Acquisition Corp. I by 3.0% during the 4th quarter. Mizuho Securities USA LLC now owns 264,119 shares of the company’s stock valued at $2,866,000 after buying an additional 7,604 shares during the period. Finally, Glazer Capital LLC raised its position in shares of Plum Acquisition Corp. I by 58.6% during the 4th quarter. Glazer Capital LLC now owns 408,337 shares of the company’s stock valued at $4,430,000 after buying an additional 150,881 shares during the period. Hedge funds and other institutional investors own 25.88% of the company’s stock.

Plum Acquisition Corp. I Stock Performance

Shares of PLMI stock remained flat at $9.73 during trading on Monday. 91 shares of the stock traded hands, compared to its average volume of 23,665. The firm’s 50-day moving average price is $10.46 and its two-hundred day moving average price is $10.84. Plum Acquisition Corp. I has a 1 year low of $9.00 and a 1 year high of $12.00.

About Plum Acquisition Corp. I

Plum Acquisition Corp. I does not have significant operations. It intends to effect 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 San Francisco, California.