Pono Capital Two, Inc. (NASDAQ:PTWO) Major Shareholder Co. Ltd. Zuu Purchases 8,399 Shares

Pono Capital Two, Inc. (NASDAQ:PTWO) major shareholder Co. Ltd. Zuu acquired 8,399 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The stock was purchased at an average cost of $10.51 per share, with a total value of $88,273.49. Following the purchase, the insider now directly owns 1,423,718 shares in the company, valued at approximately $14,963,276.18. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Co. Ltd. Zuu also recently made the following trade(s):

• On Wednesday, July 31st, Co. Ltd. Zuu bought 12 shares of Pono Capital Two stock. The stock was acquired at an average price of $12.50 per share, with a total value of $150.00.
• On Wednesday, July 24th, Co. Ltd. Zuu purchased 15,509 shares of Pono Capital Two stock. The shares were acquired at an average price of $13.00 per share, for a total transaction of $201,617.00.
• On Friday, July 19th, Co. Ltd. Zuu acquired 2 shares of Pono Capital Two stock. The stock was acquired at an average cost of $13.00 per share, with a total value of $26.00.
• On Wednesday, July 17th, Co. Ltd. Zuu bought 5,404 shares of Pono Capital Two stock. The shares were acquired at an average cost of $13.00 per share, for a total transaction of $70,252.00.
• On Monday, July 15th, Co. Ltd. Zuu purchased 4,342 shares of Pono Capital Two stock. The stock was bought at an average cost of $13.00 per share, with a total value of $56,446.00.
• On Thursday, July 11th, Co. Ltd. Zuu acquired 6,297 shares of Pono Capital Two stock. The shares were bought at an average cost of $13.00 per share, for a total transaction of $81,861.00.
• On Tuesday, July 9th, Co. Ltd. Zuu bought 5 shares of Pono Capital Two stock. The stock was bought at an average price of $13.00 per share, with a total value of $65.00.
• On Tuesday, July 2nd, Co. Ltd. Zuu purchased 30 shares of Pono Capital Two stock. The shares were bought at an average price of $13.00 per share, for a total transaction of $390.00.
• On Thursday, June 27th, Co. Ltd. Zuu purchased 2 shares of Pono Capital Two stock. The shares were purchased at an average price of $13.00 per share, with a total value of $26.00.
• On Monday, June 10th, Co. Ltd. Zuu acquired 100 shares of Pono Capital Two stock. The stock was acquired at an average price of $13.00 per share, with a total value of $1,300.00.

Pono Capital Two Stock Up 17.6 %

Shares of PTWO stock traded up $1.95 during trading on Friday, reaching $13.00. The company had a trading volume of 204,858 shares, compared to its average volume of 29,948. The firm’s 50 day simple moving average is $13.14 and its two-hundred day simple moving average is $12.86. Pono Capital Two, Inc. has a one year low of $8.40 and a one year high of $36.52.

Institutional Investors Weigh In On Pono Capital Two

An institutional investor recently bought a new position in Pono Capital Two stock. K2 Principal Fund L.P. bought a new stake in shares of Pono Capital Two, Inc. (NASDAQ:PTWO) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 21,089 shares of the company’s stock, valued at approximately $225,000. K2 Principal Fund L.P. owned 0.38% of Pono Capital Two as of its most recent SEC filing. 60.82% of the stock is owned by institutional investors and hedge funds.

About Pono Capital Two

Pono Capital Two, Inc does not have any significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Pono Capital Two, Inc was incorporated in 2022 and is based in Honolulu, Hawaii.