Wolverine Asset Management LLC lowered its stake in Alpha Star Acquisition Co. (NASDAQ:ALSA – Free Report) by 84.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 86,869 shares of the company’s stock after selling 462,893 shares during the quarter. Wolverine Asset Management LLC’s holdings in Alpha Star Acquisition were worth $1,014,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of the stock. Berkley W R Corp lifted its holdings in Alpha Star Acquisition by 3.2% in the second quarter. Berkley W R Corp now owns 413,927 shares of the company’s stock worth $4,785,000 after purchasing an additional 12,810 shares during the period. Clear Street LLC acquired a new stake in Alpha Star Acquisition in the 2nd quarter valued at about $52,000. Finally, Mizuho Securities USA LLC lifted its holdings in Alpha Star Acquisition by 30.9% in the 1st quarter. Mizuho Securities USA LLC now owns 261,849 shares of the company’s stock valued at $2,933,000 after acquiring an additional 61,849 shares during the last quarter. Institutional investors and hedge funds own 65.12% of the company’s stock.
Alpha Star Acquisition Price Performance
Shares of NASDAQ ALSA opened at $11.74 on Wednesday. Alpha Star Acquisition Co. has a twelve month low of $10.45 and a twelve month high of $13.34. The firm has a 50-day moving average of $11.74 and a two-hundred day moving average of $11.67.
Alpha Star Acquisition Profile
Alpha Star Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in clean energy, internet and high technology, financial technology, health care, consumer and retail, energy and resources, manufacturing, and education sectors in Asia.
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