P3 Health Partners Inc. (NASDAQ:PIII) Major Shareholder Pacific Founders Ugp I. Chicago Purchases 80,000 Shares of Stock

P3 Health Partners Inc. (NASDAQ:PIII) major shareholder Pacific Founders Ugp I. Chicago bought 80,000 shares of P3 Health Partners stock in a transaction that occurred on Friday, September 6th. The stock was bought at an average price of $0.49 per share, with a total value of $39,200.00. Following the purchase, the insider now owns 76,785,438 shares of the company’s stock, valued at approximately $37,624,864.62. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

P3 Health Partners Trading Up 8.6 %

P3 Health Partners stock opened at $0.55 on Thursday. P3 Health Partners Inc. has a 12 month low of $0.40 and a 12 month high of $2.94. The stock has a market cap of $172.28 million, a price-to-earnings ratio of -0.92 and a beta of 1.17. The business has a 50 day moving average price of $0.55 and a two-hundred day moving average price of $0.65. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.80.

P3 Health Partners (NASDAQ:PIII) last issued its earnings results on Wednesday, August 7th. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.07). P3 Health Partners had a negative return on equity of 43.19% and a negative net margin of 4.95%. The firm had revenue of $379.16 million during the quarter, compared to the consensus estimate of $364.50 million. As a group, equities analysts forecast that P3 Health Partners Inc. will post -0.23 EPS for the current year.

Hedge Funds Weigh In On P3 Health Partners

Hedge funds and other institutional investors have recently made changes to their positions in the business. Renaissance Technologies LLC raised its position in P3 Health Partners by 188.1% in the second quarter. Renaissance Technologies LLC now owns 111,800 shares of the company’s stock worth $50,000 after purchasing an additional 73,000 shares in the last quarter. Sanders Morris Harris LLC lifted its position in shares of P3 Health Partners by 16.3% during the 2nd quarter. Sanders Morris Harris LLC now owns 142,998 shares of the company’s stock worth $64,000 after buying an additional 20,000 shares during the period. GSA Capital Partners LLP lifted its position in shares of P3 Health Partners by 110.6% during the 1st quarter. GSA Capital Partners LLP now owns 565,522 shares of the company’s stock worth $582,000 after buying an additional 296,936 shares during the period. Emfo LLC boosted its stake in P3 Health Partners by 39.8% in the 2nd quarter. Emfo LLC now owns 1,427,689 shares of the company’s stock valued at $643,000 after buying an additional 406,418 shares in the last quarter. Finally, Armistice Capital LLC bought a new stake in P3 Health Partners in the second quarter valued at $3,557,000. 7.75% of the stock is owned by institutional investors.

About P3 Health Partners

P3 Health Partners Inc, a patient-centered and physician-led population health management company, provides superior care services in the United States. It operates clinics and wellness centers. P3 Health Partners Inc was founded in 2020 and is based in Henderson, Nevada.