Lazard Growth Acquisition Corp. I (NASDAQ:LGAC) Hits New 1-Year High at $9.92

Lazard Growth Acquisition Corp. I (NASDAQ:LGACGet Rating) reached a new 52-week high during trading on Friday . The company traded as high as $9.92 and last traded at $9.91, with a volume of 860460 shares traded. The stock had previously closed at $9.91.

Lazard Growth Acquisition Corp. I Price Performance

The business’s fifty day moving average is $9.88 and its 200 day moving average is $9.83.

Institutional Trading of Lazard Growth Acquisition Corp. I

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Captrust Financial Advisors acquired a new stake in shares of Lazard Growth Acquisition Corp. I during the second quarter valued at approximately $42,000. Royal Bank of Canada acquired a new position in Lazard Growth Acquisition Corp. I in the 1st quarter valued at approximately $60,000. PenderFund Capital Management Ltd. increased its stake in Lazard Growth Acquisition Corp. I by 400.0% in the 4th quarter. PenderFund Capital Management Ltd. now owns 6,500 shares of the company’s stock valued at $80,000 after buying an additional 5,200 shares during the period. Wealthspring Capital LLC acquired a new position in Lazard Growth Acquisition Corp. I in the 2nd quarter valued at approximately $117,000. Finally, UBS Group AG increased its stake in Lazard Growth Acquisition Corp. I by 2,412.1% in the 2nd quarter. UBS Group AG now owns 15,726 shares of the company’s stock valued at $154,000 after buying an additional 15,100 shares during the period. 68.00% of the stock is currently owned by institutional investors.

About Lazard Growth Acquisition Corp. I

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Lazard Growth Acquisition Corp. I 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 seeks opportunities in the subsectors of healthcare, technology, energy transition, and financial and consumer sectors.

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