Berkley W R Corp Has $4.88 Million Stake in Trailblazer Merger Co. I (NASDAQ:TBMC)

Berkley W R Corp lowered its stake in Trailblazer Merger Co. I (NASDAQ:TBMC) by 46.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 444,775 shares of the company’s stock after selling 381,010 shares during the quarter. Trailblazer Merger Co. I makes up approximately 0.3% of Berkley W R Corp’s portfolio, making the stock its 27th largest holding. Berkley W R Corp’s holdings in Trailblazer Merger Co. I were worth $4,881,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently made changes to their positions in the company. Quarry LP bought a new position in shares of Trailblazer Merger Co. I in the 2nd quarter valued at approximately $57,000. Clear Street LLC raised its position in shares of Trailblazer Merger Co. I by 78,742.9% in the second quarter. Clear Street LLC now owns 5,519 shares of the company’s stock valued at $60,000 after purchasing an additional 5,512 shares during the period. Warberg Asset Management LLC lifted its stake in shares of Trailblazer Merger Co. I by 27.8% in the second quarter. Warberg Asset Management LLC now owns 43,736 shares of the company’s stock worth $473,000 after buying an additional 9,502 shares during the last quarter. Finally, Cowen AND Company LLC boosted its holdings in shares of Trailblazer Merger Co. I by 27.4% during the 2nd quarter. Cowen AND Company LLC now owns 471,724 shares of the company’s stock worth $5,097,000 after buying an additional 101,443 shares during the period. Institutional investors own 77.13% of the company’s stock.

Insider Buying and Selling at Trailblazer Merger Co. I

In other news, major shareholder Aqr Capital Management Holding sold 50,000 shares of the stock in a transaction that occurred on Thursday, October 10th. The stock was sold at an average price of $11.02, for a total value of $551,000.00. Following the completion of the sale, the insider now directly owns 580 shares of the company’s stock, valued at approximately $6,391.60. This represents a 98.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 23.50% of the company’s stock.

Trailblazer Merger Co. I Trading Down 0.2 %

NASDAQ:TBMC opened at $11.11 on Friday. Trailblazer Merger Co. I has a 1 year low of $10.39 and a 1 year high of $11.60. The firm’s fifty day simple moving average is $11.06 and its 200 day simple moving average is $10.92.

About Trailblazer Merger Co. I

Trailblazer Merger Corporation 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 New York, New York.