Tristar Acquisition I (NYSE:TRIS) Stock Price Up 0.1%

Posted by Trent Williams on Apr 27th, 2024

Shares of Tristar Acquisition I Corp. (NYSE:TRIS – Get Free Report) shot up 0.1% during trading on Thursday . The stock traded as high as $11.03 and last traded at $11.03. 3,872 shares were traded during trading, a decline of 93% from the average session volume of 54,713 shares. The stock had previously closed at $11.02.

Tristar Acquisition I Price Performance

The business’s 50-day moving average is $10.95 and its 200 day moving average is $10.85.

Institutional Trading of Tristar Acquisition I

Institutional investors have recently modified their holdings of the company. Picton Mahoney Asset Management raised its position in Tristar Acquisition I by 406.6% during the 4th quarter. Picton Mahoney Asset Management now owns 1,013,160 shares of the company’s stock valued at $10,927,000 after purchasing an additional 813,160 shares during the last quarter. Mizuho Securities USA LLC bought a new position in shares of Tristar Acquisition I during the third quarter valued at approximately $5,889,000. Berkley W R Corp raised its holdings in shares of Tristar Acquisition I by 14.0% during the fourth quarter. Berkley W R Corp now owns 502,722 shares of the company’s stock valued at $5,422,000 after acquiring an additional 61,831 shares in the last quarter. Cowen AND Company LLC boosted its holdings in Tristar Acquisition I by 313.0% in the third quarter. Cowen AND Company LLC now owns 498,826 shares of the company’s stock valued at $5,332,000 after acquiring an additional 378,032 shares in the last quarter. Finally, Spartan Fund Management Inc. increased its position in Tristar Acquisition I by 1,566.7% during the 3rd quarter. Spartan Fund Management Inc. now owns 250,000 shares of the company’s stock valued at $2,673,000 after purchasing an additional 235,000 shares during the period. 62.44% of the stock is currently owned by hedge funds and other institutional investors.

About Tristar Acquisition I

(Get Free Report)

Tristar Acquisition I Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It focuses on targeting a telecommunications and technology oriented company.