Barclays PLC grew its stake in shares of Avalon Acquisition Inc. (NASDAQ:AVAC – Get Rating) by 1.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 253,567 shares of the company's stock after buying an additional 4,387 shares during the quarter. Barclays PLC owned approximately 0.97% of Avalon Acquisition worth $2,548,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AVAC. State Street Corp bought a new stake in shares of Avalon Acquisition during the first quarter worth $192,000. Kohlberg Kravis Roberts & Co. L.P. grew its stake in shares of Avalon Acquisition by 7.6% in the first quarter. Kohlberg Kravis Roberts & Co. L.P. now owns 40,137 shares of the company's stock worth $400,000 after purchasing an additional 2,850 shares during the last quarter. Cubist Systematic Strategies LLC grew its stake in shares of Avalon Acquisition by 803.0% in the second quarter. Cubist Systematic Strategies LLC now owns 582,978 shares of the company's stock worth $5,824,000 after purchasing an additional 518,418 shares during the last quarter. Cruiser Capital Advisors LLC grew its stake in shares of Avalon Acquisition by 7.7% in the second quarter. Cruiser Capital Advisors LLC now owns 70,000 shares of the company's stock worth $699,000 after purchasing an additional 5,000 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of Avalon Acquisition by 25.1% in the second quarter. Goldman Sachs Group Inc. now owns 633,448 shares of the company's stock worth $6,328,000 after purchasing an additional 126,907 shares during the last quarter. Institutional investors own 72.54% of the company's stock.

Avalon Acquisition Price Performance

Shares of Avalon Acquisition stock opened at $10.31 on Thursday. Avalon Acquisition Inc. has a twelve month low of $9.87 and a twelve month high of $10.50. The company's fifty day moving average is $10.21 and its 200 day moving average is $10.10.

Avalon Acquisition Company Profile

Avalon Acquisition Inc does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the financial services and financial technologies industries. The company was incorporated in 2020 and is based in San Francisco, California.

Further Reading

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