Fir Tree Capital Management LP purchased a new stake in VMG Consumer Acquisition Corp. (NASDAQ:VMGA – Get Rating) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 425,000 shares of the company's stock, valued at approximately $4,212,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Omni Event Management Ltd acquired a new stake in VMG Consumer Acquisition in the 1st quarter valued at $668,000. Apollo Management Holdings L.P. acquired a new stake in VMG Consumer Acquisition in the 1st quarter valued at $4,212,000. Liberty Mutual Group Asset Management Inc. acquired a new stake in VMG Consumer Acquisition in the 1st quarter valued at $4,955,000. MMCAP International Inc. SPC acquired a new stake in VMG Consumer Acquisition in the 1st quarter valued at $4,212,000. Finally, Governors Lane LP acquired a new stake in VMG Consumer Acquisition in the 1st quarter valued at $4,955,000. 70.29% of the stock is currently owned by institutional investors and hedge funds.
Get VMG Consumer Acquisition alerts:VMG Consumer Acquisition Stock Performance
Shares of VMGA stock opened at $9.93 on Tuesday. VMG Consumer Acquisition Corp. has a 1 year low of $9.82 and a 1 year high of $10.29. The firm's fifty day moving average price is $9.97 and its two-hundred day moving average price is $9.94.
VMG Consumer Acquisition Company Profile
(Get Rating)VMG Consumer Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on acquiring consumer and retail companies across a range of industry verticals, such as food and beverage, beauty and personal care, health and wellness, pet products and services, household products, and multi-unit retailers/services, as well as apparel, footwear, and accessories.
See Also
- Get a free copy of the StockNews.com research report on VMG Consumer Acquisition (VMGA)
- Do These Dividend Achievers Deserve A Place In Your Portfolio?
- Darden Restaurants Takes the Low Road Against Inflation
- Why These 3 Stocks Are Off to Hot September Starts
- Inflation Doesn't Differentiate, But it's Impact Does
- 3 Downgraded Must-Have Stocks To Put On Your Watchlist
Want to see what other hedge funds are holding VMGA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VMG Consumer Acquisition Corp. (NASDAQ:VMGA – Get Rating).
Receive News & Ratings for VMG Consumer Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VMG Consumer Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.