DLD Asset Management LP Purchases New Position in SK Growth Opportunities Co. (NASDAQ:SKGR)

DLD Asset Management LP acquired a new stake in shares of SK Growth Opportunities Co. (NASDAQ:SKGR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 300,000 shares of the company’s stock, valued at approximately $3,487,000. SK Growth Opportunities accounts for approximately 0.4% of DLD Asset Management LP’s investment portfolio, making the stock its 27th biggest position. DLD Asset Management LP owned 2.00% of SK Growth Opportunities as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Geode Capital Management LLC raised its position in shares of SK Growth Opportunities by 8.8% during the fourth quarter. Geode Capital Management LLC now owns 12,412 shares of the company’s stock worth $144,000 after purchasing an additional 1,009 shares during the period. Mizuho Securities USA LLC lifted its stake in SK Growth Opportunities by 9.3% in the fourth quarter. Mizuho Securities USA LLC now owns 719,169 shares of the company’s stock valued at $8,306,000 after buying an additional 60,978 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of SK Growth Opportunities in the fourth quarter valued at approximately $320,000. Wolverine Asset Management LLC boosted its holdings in shares of SK Growth Opportunities by 0.8% in the fourth quarter. Wolverine Asset Management LLC now owns 576,627 shares of the company’s stock valued at $6,703,000 after buying an additional 4,561 shares during the period. Finally, FNY Investment Advisers LLC increased its position in shares of SK Growth Opportunities by 50.6% during the fourth quarter. FNY Investment Advisers LLC now owns 90,499 shares of the company’s stock worth $1,050,000 after acquiring an additional 30,399 shares in the last quarter. Institutional investors own 92.48% of the company’s stock.

SK Growth Opportunities Price Performance

SKGR stock opened at $11.80 on Wednesday. The stock has a market capitalization of $176.68 million, a P/E ratio of 53.64 and a beta of 0.02. SK Growth Opportunities Co. has a fifty-two week low of $11.01 and a fifty-two week high of $13.40. The business has a 50-day moving average of $11.72 and a 200-day moving average of $11.58.

SK Growth Opportunities (NASDAQ:SKGR) last issued its earnings results on Thursday, March 27th. The company reported $0.07 earnings per share for the quarter.

SK Growth Opportunities Profile

SK Growth Opportunities Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York.