Cartesian Growth Corp III (EXCHANGE:CGCT) registered insider-related purchases totaling $2.06 million during a concentrated window in mid-April 2026. According to transaction details, affiliated parties bought 200,000 Class A ordinary shares between April 15 and April 16, paying between $10.324 and $10.327 per share.
Transaction details
Documents show the share purchases were split evenly: 100,000 Class A ordinary shares were acquired on April 15 and a further 100,000 on April 16. The per-share prices for those transactions ranged narrowly from $10.324 to $10.327. At the time of reporting the stock is quoted at $10.29, which is about 1% below its 52-week high of $10.42.
Purchaser identity and holdings
The buyer of the shares is identified as Pangaea Three-B, LP, a vehicle controlled by Peter Yu. Pangaea Three-B, LP is recorded as purchasing 100,000 shares on April 15 and another 100,000 on April 16. After completing these transactions, the entity directly holds 1,471,000 Class A ordinary shares.
Warrants activity
In addition to the Class A ordinary shares, several warrant purchases were executed across April 15, April 16 and April 17. The reported warrant transactions are:
- 34,963 warrants purchased on April 15 at $0.76 each;
- 152,100 warrants purchased on April 16 at $0.86 each;
- 28,522 warrants purchased on April 17 at $0.90 each.
Market context and analyst notes
Price context provided with the transaction data notes the share price at $10.29, slightly below the 52-week peak of $10.42. InvestingPro commentary included alongside these details characterizes the stock as appearing overvalued at current levels. InvestingPro Tips also indicate the name generally trades with low price volatility, a point highlighted as one of seven additional tips available to subscribers.
Takeaway
The mid-April purchasing activity combined share and warrant acquisitions by affiliated entities, with Pangaea Three-B, LP increasing its direct holding to 1,471,000 Class A ordinary shares. The transactions occurred as the stock traded near its 52-week high and amid an InvestingPro assessment that the company may be overvalued and typically exhibits low price volatility.