Mizuho Securities Usa Llc Sells 74,000 Shares of Oak Woods Acquisition Co. (NASDAQ:OAKU) Stock

Oak Woods Acquisition Co. (NASDAQ:OAKU) major shareholder Mizuho Securities Usa Llc sold 74,000 shares of the company’s stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of $11.18, for a total value of $827,320.00. Following the completion of the sale, the insider now owns 413,394 shares of the company’s stock, valued at approximately $4,621,744.92. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Oak Woods Acquisition Price Performance

Shares of NASDAQ OAKU remained flat at $11.15 during mid-day trading on Wednesday. The stock had a trading volume of 868 shares, compared to its average volume of 59,131. Oak Woods Acquisition Co. has a twelve month low of $10.44 and a twelve month high of $11.22. The business’s 50-day moving average is $11.03 and its 200 day moving average is $10.89.

Institutional Investors Weigh In On Oak Woods Acquisition

Several hedge funds have recently modified their holdings of the stock. Berkley W R Corp lifted its holdings in shares of Oak Woods Acquisition by 61.3% during the first quarter. Berkley W R Corp now owns 467,580 shares of the company’s stock valued at $5,012,000 after purchasing an additional 177,712 shares during the last quarter. Shaolin Capital Management LLC lifted its holdings in shares of Oak Woods Acquisition by 113.7% during the second quarter. Shaolin Capital Management LLC now owns 350,000 shares of the company’s stock valued at $3,808,000 after purchasing an additional 186,200 shares during the last quarter. Wolverine Asset Management LLC lifted its stake in Oak Woods Acquisition by 15.3% in the 2nd quarter. Wolverine Asset Management LLC now owns 218,659 shares of the company’s stock worth $2,379,000 after acquiring an additional 29,000 shares in the last quarter. Glazer Capital LLC lifted its stake in Oak Woods Acquisition by 11.8% in the 4th quarter. Glazer Capital LLC now owns 185,123 shares of the company’s stock worth $1,949,000 after acquiring an additional 19,469 shares in the last quarter. Finally, Mizuho Securities USA LLC lifted its stake in Oak Woods Acquisition by 383.8% in the 1st quarter. Mizuho Securities USA LLC now owns 182,800 shares of the company’s stock worth $1,956,000 after acquiring an additional 145,013 shares in the last quarter. 63.01% of the stock is owned by hedge funds and other institutional investors.

About Oak Woods Acquisition

Oak Woods Acquisition Corporation does not have significant operations. It focuses on entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other business combination with one or more businesses. The company intends to focus on businesses that operate in the public and private healthcare, medical services, and technology-enabled healthcare services sectors, as well as enterprise services, artificial intelligence, culture and media, computer and internet technologies, new consumer brands, blockchain, and other areas in the Asia-pacific region.