Decagon Asset Management LLP Buys Shares of 480,017 Nabors Energy Transition Corp. II (NASDAQ:NETD)

Decagon Asset Management LLP bought a new stake in Nabors Energy Transition Corp. II (NASDAQ:NETD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 480,017 shares of the company’s stock, valued at approximately $5,184,000. Nabors Energy Transition Corp. II comprises about 1.9% of Decagon Asset Management LLP’s holdings, making the stock its 19th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Berkley W R Corp grew its holdings in shares of Nabors Energy Transition Corp. II by 1.7% during the 3rd quarter. Berkley W R Corp now owns 489,266 shares of the company’s stock worth $5,216,000 after purchasing an additional 8,100 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Nabors Energy Transition Corp. II by 51.9% during the 3rd quarter. Geode Capital Management LLC now owns 27,982 shares of the company’s stock worth $298,000 after purchasing an additional 9,557 shares in the last quarter. Wolverine Asset Management LLC grew its holdings in shares of Nabors Energy Transition Corp. II by 2.5% during the 4th quarter. Wolverine Asset Management LLC now owns 634,474 shares of the company’s stock worth $6,852,000 after purchasing an additional 15,438 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Nabors Energy Transition Corp. II during the 3rd quarter worth approximately $2,130,000. Finally, Westchester Capital Management LLC grew its holdings in shares of Nabors Energy Transition Corp. II by 260.4% during the 3rd quarter. Westchester Capital Management LLC now owns 1,434,365 shares of the company’s stock worth $15,276,000 after purchasing an additional 1,036,334 shares in the last quarter. Institutional investors and hedge funds own 75.52% of the company’s stock.

Nabors Energy Transition Corp. II Price Performance

Shares of NASDAQ:NETD opened at $10.98 on Wednesday. Nabors Energy Transition Corp. II has a 1-year low of $10.38 and a 1-year high of $11.10. The business’s 50 day moving average is $10.90 and its 200-day moving average is $10.77.

Nabors Energy Transition Corp. II Company Profile

Nabors Energy Transition Corp. II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to identify solutions, opportunities, companies, or technologies that focus on advancing the energy transition that facilitate, improve, or complement the reduction of carbon or greenhouse gas emissions.