Rockefeller Capital Management L.P. cut its stake in Armada Acquisition Corp. I (NASDAQ:AACI – Get Rating) by 42.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,130 shares of the company's stock after selling 9,560 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.06% of Armada Acquisition Corp. I worth $130,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Bank of Montreal Can bought a new stake in Armada Acquisition Corp. I in the 2nd quarter valued at $2,054,000. Hsbc Holdings PLC bought a new position in shares of Armada Acquisition Corp. I during the 1st quarter worth about $3,928,000. Cubist Systematic Strategies LLC bought a new position in shares of Armada Acquisition Corp. I during the 2nd quarter worth about $350,000. EHP Funds Inc. bought a new position in shares of Armada Acquisition Corp. I during the 1st quarter worth about $246,000. Finally, Wolverine Asset Management LLC bought a new position in shares of Armada Acquisition Corp. I during the 2nd quarter worth about $246,000. 67.88% of the stock is owned by institutional investors.

Armada Acquisition Corp. I Stock Up 1.1 %

NASDAQ:AACI opened at $10.27 on Friday. The company has a 50-day moving average of $10.11 and a 200-day moving average of $9.99. Armada Acquisition Corp. I has a 52 week low of $8.56 and a 52 week high of $12.20.

Armada Acquisition Corp. I Company Profile

Armada Acquisition Corp. I focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to focus on target businesses that provide technological services to the financial services industry.

Featured Articles

• Get a free copy of the StockNews.com research report on Armada Acquisition Corp. I (AACI)
• Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
• Zimmer Biomet Beats on Earnings, Growth May be Priced In
• AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
• Ford Stock Going Forward After Big Earnings Flop
• Insiders And Institutions Buy Wolverine Worldwide

Receive News & Ratings for Armada Acquisition Corp. I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Armada Acquisition Corp. I and related companies with MarketBeat.com's FREE daily email newsletter.