Insider Selling: Bowen Acquisition Corp (NASDAQ:BOWN) Major Shareholder Sells 6,400 Shares of Stock

Posted by Tristan Rich on Apr 29th, 2025

Bowen Acquisition Corp (NASDAQ:BOWN – Get Free Report) major shareholder Harraden Circle Investments, L sold 6,400 shares of the business’s stock in a transaction dated Thursday, April 24th. The stock was sold at an average price of $12.78, for a total value of $81,792.00. Following the sale, the insider now directly owns 507,898 shares of the company’s stock, valued at $6,490,936.44. This represents a 1.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Harraden Circle Investments, L also recently made the following trade(s):

On Tuesday, April 22nd, Harraden Circle Investments, L sold 10,466 shares of Bowen Acquisition stock. The stock was sold at an average price of $22.74, for a total value of $237,996.84.

Bowen Acquisition Price Performance

Shares of NASDAQ:BOWN opened at $9.85 on Tuesday. Bowen Acquisition Corp has a 1-year low of $2.71 and a 1-year high of $19.77. The business has a 50-day moving average price of $6.60 and a two-hundred day moving average price of $8.34.

Hedge Funds Weigh In On Bowen Acquisition

Institutional investors have recently modified their holdings of the stock. Harraden Circle Investments LLC acquired a new position in shares of Bowen Acquisition during the 4th quarter worth about $4,343,000. Virtu Financial LLC bought a new stake in Bowen Acquisition during the 4th quarter worth approximately $798,000. Yakira Capital Management Inc. acquired a new stake in Bowen Acquisition during the 4th quarter worth approximately $923,000. Wolverine Asset Management LLC boosted its holdings in shares of Bowen Acquisition by 66.8% in the fourth quarter. Wolverine Asset Management LLC now owns 468,382 shares of the company’s stock valued at $5,115,000 after buying an additional 187,661 shares during the period. Finally, Picton Mahoney Asset Management bought a new stake in shares of Bowen Acquisition during the fourth quarter worth $1,368,000. 59.34% of the stock is currently owned by institutional investors and hedge funds.