Berkley W R Corp Has $1.96 Million Stake in Cactus Acquisition Corp. 1 Limited (NASDAQ:CCTS)

Berkley W R Corp grew its holdings in shares of Cactus Acquisition Corp. 1 Limited (NASDAQ:CCTS) by 18.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 173,198 shares of the company’s stock after buying an additional 27,158 shares during the quarter. Berkley W R Corp owned approximately 3.41% of Cactus Acquisition Corp. 1 worth $1,962,000 at the end of the most recent reporting period.

Separately, Virtu Financial LLC bought a new position in shares of Cactus Acquisition Corp. 1 in the 1st quarter valued at about $141,000. Hedge funds and other institutional investors own 86.36% of the company’s stock.

Cactus Acquisition Corp. 1 Stock Performance

CCTS opened at $11.45 on Tuesday. The business’s 50-day simple moving average is $11.42 and its 200 day simple moving average is $11.36. Cactus Acquisition Corp. 1 Limited has a 52-week low of $10.75 and a 52-week high of $12.90.

Insider Transactions at Cactus Acquisition Corp. 1

In related news, Director Jeff Leblanc acquired 100,000 shares of the business’s stock in a transaction dated Monday, July 29th. The stock was bought at an average price of $0.50 per share, with a total value of $50,000.00. Following the acquisition, the director now owns 135,000 shares in the company, valued at approximately $67,500. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 58.30% of the company’s stock.

Cactus Acquisition Corp. 1 Company Profile

Cactus Acquisition Corp. 1 Limited 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 in the emerging technology sector. The company was incorporated in 2021 and is based in Cranbury, New Jersey.