AlphaVest Acquisition (NASDAQ:ATMV) Stock Price Up 0% – Time to Buy?

AlphaVest Acquisition Corp (NASDAQ:ATMV) shot up 0% on Monday . The company traded as high as $11.56 and last traded at $11.57. 1,000 shares changed hands during trading, a decline of 97% from the average session volume of 29,014 shares. The stock had previously closed at $11.56.

AlphaVest Acquisition Stock Up 0.0 %

The company has a fifty day moving average price of $11.48 and a 200-day moving average price of $11.33.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Toronto Dominion Bank purchased a new position in shares of AlphaVest Acquisition during the 4th quarter valued at approximately $114,000. Glazer Capital LLC grew its position in AlphaVest Acquisition by 16.1% during the third quarter. Glazer Capital LLC now owns 267,330 shares of the company’s stock valued at $2,978,000 after buying an additional 37,067 shares during the period. Finally, Crossingbridge Advisors LLC purchased a new position in AlphaVest Acquisition in the third quarter valued at $3,087,000. 46.08% of the stock is owned by institutional investors and hedge funds.

About AlphaVest Acquisition

AlphaVest Acquisition Corp does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2022 and is based in New York, New York.