Lineage Point Capital LP purchased a new stake in Inflection Point Acquisition Corp. VI (NASDAQ:IPFX – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 238,973 shares of the company’s stock, valued at approximately $2,471,000.
Separately, Moore Capital Management LP acquired a new stake in Inflection Point Acquisition Corp. VI during the second quarter worth approximately $517,000.
Wall Street Analyst Weigh In
Separately, Weiss Ratings assumed coverage on shares of Inflection Point Acquisition Corp. VI in a report on Thursday, August 20th. They issued a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.
Inflection Point Acquisition Corp. VI Stock Performance
Shares of IPFX stock opened at $10.05 on Friday. The business’s 50-day moving average price is $10.16. Inflection Point Acquisition Corp. VI has a 1 year low of $9.95 and a 1 year high of $11.02.
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