Blue Water Acquisition Corp. III $BLUW Shares Sold by Harraden Circle Investments LLC

Harraden Circle Investments LLC reduced its position in Blue Water Acquisition Corp. III (NASDAQ:BLUW) by 35.2% in the 2nd quarter, Holdings Channel.com reports. The fund owned 1,050,642 shares of the company’s stock after selling 571,958 shares during the quarter. Harraden Circle Investments LLC’s holdings in Blue Water Acquisition Corp. III were worth $10,853,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of BLUW. Anson Funds Management LP acquired a new stake in shares of Blue Water Acquisition Corp. III during the fourth quarter worth about $25,645,000. AQR Arbitrage LLC purchased a new position in shares of Blue Water Acquisition Corp. III in the 3rd quarter valued at approximately $11,485,000. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new position in shares of Blue Water Acquisition Corp. III in the third quarter valued at approximately $9,970,000. Two Sigma Investments LP acquired a new position in shares of Blue Water Acquisition Corp. III in the third quarter valued at approximately $7,943,000. Finally, Millennium Management LLC purchased a new stake in shares of Blue Water Acquisition Corp. III during the third quarter worth approximately $7,705,000.

Blue Water Acquisition Corp. III Trading Down 0.1%

NASDAQ BLUW opened at $10.37 on Friday. The business’s 50 day moving average is $10.35 and its two-hundred day moving average is $10.31. Blue Water Acquisition Corp. III has a 12-month low of $9.96 and a 12-month high of $10.41.

Blue Water Acquisition Corp. III (NASDAQ:BLUW) last posted its quarterly earnings results on Wednesday, August 12th. The company reported $0.08 EPS for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Blue Water Acquisition Corp. III from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, August 18th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Blue Water Acquisition Corp. III presently has an average rating of “Sell”.

Blue Water Acquisition Corp. III Profile

Blue Water Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Greenwich, Connecticut.