Mizuho Securities USA LLC grew its stake in shares of Flag Ship Acquisition Corporation (NASDAQ:FSHP – Free Report) by 8.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 657,500 shares of the company’s stock after buying an additional 53,613 shares during the quarter. Mizuho Securities USA LLC owned approximately 7.42% of Flag Ship Acquisition worth $6,641,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Wolverine Asset Management LLC bought a new stake in shares of Flag Ship Acquisition in the fourth quarter worth $4,720,000. Polar Asset Management Partners Inc. acquired a new position in shares of Flag Ship Acquisition during the third quarter valued at about $3,778,000. Glazer Capital LLC acquired a new position in shares of Flag Ship Acquisition during the third quarter valued at about $3,069,000. Berkley W R Corp acquired a new position in shares of Flag Ship Acquisition during the third quarter valued at about $2,452,000. Finally, Quarry LP acquired a new position in shares of Flag Ship Acquisition during the third quarter valued at about $1,840,000.
Flag Ship Acquisition Price Performance
NASDAQ:FSHP opened at $10.30 on Friday. The firm has a 50-day moving average of $10.24 and a 200-day moving average of $10.14. Flag Ship Acquisition Corporation has a one year low of $9.99 and a one year high of $10.33.
Flag Ship Acquisition Profile
Flag Ship Acquisition Corporation does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization with one or more businesses. The company intends to acquire businesses in Internet and high technology, financial technology, clean energy, health care, consumer and retail, energy and resources, food processing, manufacturing, and education sectors.
See Also
- Five stocks we like better than Flag Ship Acquisition
- Investing in the High PE Growth Stocks
- Why Williams-Sonoma Will Hit Fresh Highs in 2025
- Are Penny Stocks a Good Fit for Your Portfolio?
- Alphabet Stock Becomes a Low-Risk, High-Reward Play
- What Investors Need to Know to Beat the Market
- Affirm Stock: Should You Buy the Dip After Walmart Setback?
Receive News & Ratings for Flag Ship Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flag Ship Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
