Berkley W R Corp Acquires 444,489 Shares of Compass Digital Acquisition Corp. (NASDAQ:CDAQ)

Berkley W R Corp lifted its holdings in Compass Digital Acquisition Corp. (NASDAQ:CDAQ) by 821.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 498,632 shares of the company’s stock after acquiring an additional 444,489 shares during the period. Berkley W R Corp owned approximately 4.74% of Compass Digital Acquisition worth $5,335,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Robinson Capital Management LLC acquired a new stake in shares of Compass Digital Acquisition in the 4th quarter valued at about $183,000. Virtu Financial LLC grew its stake in shares of Compass Digital Acquisition by 127.2% in the 4th quarter. Virtu Financial LLC now owns 31,962 shares of the company’s stock valued at $338,000 after buying an additional 17,892 shares during the period. Finally, Mizuho Securities USA LLC grew its stake in shares of Compass Digital Acquisition by 10.8% in the 1st quarter. Mizuho Securities USA LLC now owns 256,206 shares of the company’s stock valued at $2,716,000 after buying an additional 25,000 shares during the period. 77.38% of the stock is owned by institutional investors.

Compass Digital Acquisition Price Performance

Shares of CDAQ remained flat at $10.77 during trading hours on Monday. The stock had a trading volume of 92,876 shares, compared to its average volume of 40,348. The business’s fifty day moving average is $10.88 and its 200 day moving average is $10.77. Compass Digital Acquisition Corp. has a 12 month low of $10.39 and a 12 month high of $12.50.

Compass Digital Acquisition Profile

Compass Digital Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus its search on companies in the technology sectors, including in the technology led digital transformation software and services sector.