Pono Capital Two, Inc. (NASDAQ:PTWO) Major Shareholder Acquires $81,861.00 in Stock

Posted by Lars Charter on Jul 12th, 2024

Pono Capital Two, Inc. (NASDAQ:PTWO – Get Free Report) major shareholder Co. Ltd. Zuu bought 6,297 shares of Pono Capital Two stock in a transaction dated Thursday, July 11th. The stock was acquired at an average cost of $13.00 per share, with a total value of $81,861.00. Following the completion of the acquisition, the insider now owns 1,467,115 shares of the company’s stock, valued at $19,072,495. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

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

On Tuesday, July 9th, Co. Ltd. Zuu acquired 5 shares of Pono Capital Two stock. The stock was acquired at an average cost of $13.00 per share, for a total transaction of $65.00.
On Tuesday, July 2nd, Co. Ltd. Zuu bought 30 shares of Pono Capital Two stock. The shares were acquired at an average cost of $13.00 per share, with a total value of $390.00.
On Thursday, June 27th, Co. Ltd. Zuu purchased 2 shares of Pono Capital Two stock. The stock was bought at an average cost of $13.00 per share, for a total transaction of $26.00.
On Monday, June 10th, Co. Ltd. Zuu acquired 100 shares of Pono Capital Two stock. The shares were bought at an average price of $13.00 per share, with a total value of $1,300.00.
On Thursday, June 6th, Co. Ltd. Zuu bought 1,500 shares of Pono Capital Two stock. The stock was bought at an average price of $13.00 per share, for a total transaction of $19,500.00.
On Friday, May 31st, Co. Ltd. Zuu purchased 6 shares of Pono Capital Two stock. The shares were bought at an average price of $13.00 per share, with a total value of $78.00.
On Thursday, May 23rd, Co. Ltd. Zuu acquired 789 shares of Pono Capital Two stock. The stock was purchased at an average price of $13.00 per share, for a total transaction of $10,257.00.
On Wednesday, May 15th, Co. Ltd. Zuu bought 8 shares of Pono Capital Two stock. The stock was purchased at an average cost of $13.00 per share, with a total value of $104.00.
On Monday, May 13th, Co. Ltd. Zuu purchased 190 shares of Pono Capital Two stock. The shares were purchased at an average cost of $13.00 per share, for a total transaction of $2,470.00.
On Friday, May 10th, Co. Ltd. Zuu acquired 312 shares of Pono Capital Two stock. The stock was purchased at an average price of $13.00 per share, for a total transaction of $4,056.00.

Pono Capital Two Price Performance

NASDAQ:PTWO traded down $0.08 on Thursday, reaching $13.01. 6,843 shares of the company’s stock were exchanged, compared to its average volume of 34,100. The stock has a fifty day simple moving average of $13.39 and a 200-day simple moving average of $12.40. Pono Capital Two, Inc. has a 52 week low of $10.35 and a 52 week high of $36.52.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Pono Capital Two stock. Clear Street LLC grew its stake in shares of Pono Capital Two, Inc. (NASDAQ:PTWO – Free Report) by 42.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,983 shares of the company’s stock after acquiring an additional 1,183 shares during the period. Clear Street LLC owned 0.07% of Pono Capital Two worth $43,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 60.82% of the company’s stock.

Pono Capital Two Company Profile

(Get Free Report)

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.