Bowen Acquisition Corp (NASDAQ:BOWN - Get Free Report) major shareholder Harraden Circle Investments, L sold 10,466 shares of the business's stock in a transaction dated Tuesday, April 22nd. The stock was sold at an average price of $22.74, for a total transaction of $237,996.84. Following the sale, the insider now directly owns 539,534 shares in the company, valued at approximately $12,269,003.16. This represents a 1.90 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.
Bowen Acquisition Stock Up 0.2 %
Shares of Bowen Acquisition stock opened at $10.85 on Friday. The company has a 50-day moving average of $6.34 and a two-hundred day moving average of $8.38. Bowen Acquisition Corp has a 12-month low of $2.71 and a 12-month high of $19.77.
Hedge Funds Weigh In On Bowen Acquisition
Several hedge funds have recently bought and sold shares of BOWN. Geode Capital Management LLC purchased a new stake in Bowen Acquisition during the fourth quarter worth $137,000. Virtu Financial LLC purchased a new stake in shares of Bowen Acquisition in the 4th quarter worth about $798,000. Yakira Capital Management Inc. acquired a new stake in Bowen Acquisition in the 4th quarter valued at about $923,000. Picton Mahoney Asset Management purchased a new position in Bowen Acquisition during the 4th quarter valued at about $1,368,000. Finally, Harraden Circle Investments LLC purchased a new position in Bowen Acquisition during the 4th quarter valued at about $4,343,000. 59.34% of the stock is owned by hedge funds and other institutional investors.
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