Highbridge Capital Management LLC Reduces Stock Position in American Exceptionalism Acquisition Corp. $AEXA

Highbridge Capital Management LLC lessened its holdings in shares of American Exceptionalism Acquisition Corp. (NYSE:AEXA) by 44.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 117,000 shares of the company’s stock after selling 95,500 shares during the quarter. Highbridge Capital Management LLC owned approximately 0.24% of American Exceptionalism Acquisition worth $1,333,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of AEXA. Allianz Asset Management GmbH purchased a new position in shares of American Exceptionalism Acquisition during the 3rd quarter worth $9,837,000. JPMorgan Chase & Co. purchased a new position in shares of American Exceptionalism Acquisition during the 3rd quarter worth $2,325,000. Alberta Investment Management Corp purchased a new position in shares of American Exceptionalism Acquisition during the 3rd quarter worth $12,023,000. Graham Capital Wealth Management LLC purchased a new position in shares of American Exceptionalism Acquisition during the 3rd quarter worth $463,000. Finally, MMCAP International Inc. SPC purchased a new position in shares of American Exceptionalism Acquisition during the 3rd quarter worth $6,898,000.

American Exceptionalism Acquisition Stock Performance

AEXA opened at $11.23 on Friday. American Exceptionalism Acquisition Corp. has a fifty-two week low of $10.49 and a fifty-two week high of $11.91. The firm’s fifty day moving average is $11.25 and its 200 day moving average is $11.26. The stock has a market cap of $555.24 million and a price-to-earnings ratio of 187.10.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of American Exceptionalism Acquisition in a research note on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, American Exceptionalism Acquisition presently has a consensus rating of “Sell”.

About American Exceptionalism Acquisition

We are led by Chamath Palihapitiya, the founder and Managing Partner of Social Capital. Like Social Capital, the company is formed to confront the world’s hardest problems. Although these problems have evolved over the past decade, our approach remains the same—with a dedication to first principles thinking, deep technological understanding and a willingness to be contrarian to consensus. — We intend to find companies that operate in sectors that we believe will be instrumental in maintaining U.S.