StoneX Group Inc. Purchases 162,406 Shares of Charlton Aria Acquisition Corp $CHAR

StoneX Group Inc. purchased a new position in shares of Charlton Aria Acquisition Corp (NASDAQ:CHAR) during the third quarter, HoldingsChannel.com reports. The fund purchased 162,406 shares of the company’s stock, valued at approximately $1,778,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Robinson Capital Management LLC lifted its holdings in shares of Charlton Aria Acquisition by 105.4% during the 2nd quarter. Robinson Capital Management LLC now owns 29,716 shares of the company’s stock valued at $321,000 after purchasing an additional 15,250 shares during the last quarter. SkyView Investment Advisors LLC purchased a new position in Charlton Aria Acquisition during the 2nd quarter worth $324,000. Sona Asset Management US LLC purchased a new position in Charlton Aria Acquisition during the 1st quarter worth $1,058,000. Finally, Berkley W R Corp grew its stake in Charlton Aria Acquisition by 19.4% during the 1st quarter. Berkley W R Corp now owns 878,975 shares of the company’s stock worth $9,304,000 after buying an additional 142,746 shares during the last quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Charlton Aria Acquisition in a research report on Monday, October 19th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Charlton Aria Acquisition has an average rating of “Sell”.

Charlton Aria Acquisition Price Performance

Shares of Charlton Aria Acquisition stock opened at $10.99 on Monday. The firm has a fifty day moving average price of $10.98 and a 200 day moving average price of $10.78. Charlton Aria Acquisition Corp has a 1 year low of $10.39 and a 1 year high of $11.48.

Charlton Aria Acquisition (NASDAQ:CHAR) last posted its quarterly earnings results on Thursday, November 5th. The company reported $0.01 EPS for the quarter.

Charlton Aria Acquisition Corp. is a special purpose acquisition company, or SPAC. It was formed to pursue a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more existing businesses.

The company does not have an established operating business or its own portfolio of products and services. Its role is to identify a business-combination partner and, if a transaction is completed, help that business enter the public markets.

Charlton Aria has described a focus on opportunities in the technology, media and telecommunications sectors, particularly in Asia.