Nabors Energy Transition Corp. II (NASDAQ:NETD) Shares Sold by Periscope Capital Inc.

Periscope Capital Inc. reduced its stake in shares of Nabors Energy Transition Corp. II (NASDAQ:NETD) by 27.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 400,000 shares of the company’s stock after selling 150,000 shares during the period. Nabors Energy Transition Corp. II makes up approximately 2.5% of Periscope Capital Inc.’s portfolio, making the stock its 7th biggest holding. Periscope Capital Inc.’s holdings in Nabors Energy Transition Corp. II were worth $4,320,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Geode Capital Management LLC lifted its stake in shares of Nabors Energy Transition Corp. II by 51.9% in the 3rd quarter. Geode Capital Management LLC now owns 27,982 shares of the company’s stock valued at $298,000 after purchasing an additional 9,557 shares during the period. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Nabors Energy Transition Corp. II in the third quarter valued at $2,130,000. Berkley W R Corp raised its position in shares of Nabors Energy Transition Corp. II by 1.7% in the third quarter. Berkley W R Corp now owns 489,266 shares of the company’s stock worth $5,216,000 after acquiring an additional 8,100 shares during the period. Wolverine Asset Management LLC boosted its stake in shares of Nabors Energy Transition Corp. II by 2.5% during the 4th quarter. Wolverine Asset Management LLC now owns 634,474 shares of the company’s stock worth $6,852,000 after acquiring an additional 15,438 shares in the last quarter. Finally, Westchester Capital Management LLC grew its position in shares of Nabors Energy Transition Corp. II by 260.4% during the 3rd quarter. Westchester Capital Management LLC now owns 1,434,365 shares of the company’s stock valued at $15,276,000 after acquiring an additional 1,036,334 shares during the period. Hedge funds and other institutional investors own 75.52% of the company’s stock.

Nabors Energy Transition Corp. II Stock Down 0.1 %

NASDAQ NETD opened at $10.95 on Monday. The stock has a 50-day moving average of $10.89 and a 200 day moving average of $10.77. Nabors Energy Transition Corp. II has a twelve month low of $10.38 and a twelve month high of $11.10.

Nabors Energy Transition Corp. II Company Profile

Nabors Energy Transition Corp. II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to identify solutions, opportunities, companies, or technologies that focus on advancing the energy transition that facilitate, improve, or complement the reduction of carbon or greenhouse gas emissions.