Trailblazer Merger Co. I (NASDAQ:TBMC) Major Shareholder Aqr Capital Management Holding Sells 50,000 Shares of Stock

Trailblazer Merger Co. I (NASDAQ:TBMC) major shareholder Aqr Capital Management Holding sold 50,000 shares of Trailblazer Merger Co. I stock in a transaction that occurred on Thursday, October 10th. The shares were sold at an average price of $11.02, for a total transaction of $551,000.00. Following the completion of the sale, the insider now owns 580 shares of the company’s stock, valued at approximately $6,391.60. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Trailblazer Merger Co. I Stock Performance

NASDAQ TBMC opened at $11.02 on Wednesday. Trailblazer Merger Co. I has a 1-year low of $10.34 and a 1-year high of $11.60. The company has a 50 day moving average of $10.93 and a 200-day moving average of $10.83.

Institutional Investors Weigh In On Trailblazer Merger Co. I

Hedge funds and other institutional investors have recently made changes to their positions in the business. Quarry LP acquired a new stake in shares of Trailblazer Merger Co. I in the second quarter valued at approximately $57,000. Clear Street LLC raised its position in Trailblazer Merger Co. I by 78,742.9% during the second quarter. Clear Street LLC now owns 5,519 shares of the company’s stock valued at $60,000 after purchasing an additional 5,512 shares in the last quarter. Mizuho Securities USA LLC acquired a new position in Trailblazer Merger Co. I during the first quarter valued at approximately $336,000. Warberg Asset Management LLC raised its position in Trailblazer Merger Co. I by 27.8% during the second quarter. Warberg Asset Management LLC now owns 43,736 shares of the company’s stock valued at $473,000 after purchasing an additional 9,502 shares in the last quarter. Finally, Berkley W R Corp acquired a new position in Trailblazer Merger Co. I during the first quarter valued at approximately $1,701,000. 77.13% of the stock is currently owned by institutional investors and hedge funds.

Trailblazer Merger Co. I Company Profile

Trailblazer Merger Corporation I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.