Sculptor Capital LP lowered its stake in Worldwide Webb Acquisition Corp. (NASDAQ:WWAC – Get Rating) by 3.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 924,998 shares of the company's stock after selling 37,504 shares during the quarter. Sculptor Capital LP owned about 3.22% of Worldwide Webb Acquisition worth $9,111,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of WWAC. Radcliffe Capital Management L.P. acquired a new position in Worldwide Webb Acquisition in the fourth quarter valued at about $14,720,000. Aristeia Capital LLC acquired a new position in Worldwide Webb Acquisition in the first quarter valued at about $14,775,000. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new position in Worldwide Webb Acquisition in the fourth quarter valued at about $14,610,000. Marshall Wace LLP acquired a new position in Worldwide Webb Acquisition in the fourth quarter valued at about $9,271,000. Finally, Taconic Capital Advisors LP acquired a new position in Worldwide Webb Acquisition in the fourth quarter valued at about $3,896,000. Institutional investors and hedge funds own 66.26% of the company's stock.
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Worldwide Webb Acquisition Price Performance
Shares of WWAC opened at $9.97 on Thursday. Worldwide Webb Acquisition Corp. has a 1 year low of $9.70 and a 1 year high of $10.00. The company's 50-day simple moving average is $9.92 and its 200-day simple moving average is $9.87.
Worldwide Webb Acquisition Company Profile
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Worldwide Webb 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. It intends to identify business opportunities in the field of direct-to-consumer brands, amazon-centric, online marketplace, food tech, new media, digital health, software-as-a-service, fintech, and others.
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