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

P3 Health Partners Inc. (NASDAQ:PIII) major shareholder Pacific Founders Ugp I. Chicago acquired 80,000 shares of the business’s stock in a transaction dated Friday, September 13th. The shares were bought at an average cost of $0.50 per share, for a total transaction of $40,000.00. Following the transaction, the insider now directly owns 77,185,438 shares of the company’s stock, valued at approximately $38,592,719. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

P3 Health Partners Trading Down 1.4 %

NASDAQ:PIII opened at $0.49 on Friday. The stock has a fifty day moving average price of $0.55 and a 200 day moving average price of $0.65. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.80. P3 Health Partners Inc. has a 12-month low of $0.40 and a 12-month high of $2.70. The firm has a market cap of $176.43 million, a PE ratio of -0.84 and a beta of 1.17.

P3 Health Partners (NASDAQ:PIII) last announced its quarterly earnings data on Wednesday, August 7th. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $379.16 million for the quarter, compared to analyst estimates of $364.50 million. Sell-side analysts anticipate that P3 Health Partners Inc. will post -0.23 earnings per share for the current fiscal year.

Hedge Funds Weigh In On P3 Health Partners

A number of institutional investors and hedge funds have recently modified their holdings of the company. Renaissance Technologies LLC lifted its holdings in P3 Health Partners by 188.1% during the 2nd quarter. Renaissance Technologies LLC now owns 111,800 shares of the company’s stock worth $50,000 after buying an additional 73,000 shares during the last quarter. Sanders Morris Harris LLC lifted its stake in P3 Health Partners by 16.3% during the second quarter. Sanders Morris Harris LLC now owns 142,998 shares of the company’s stock worth $64,000 after purchasing an additional 20,000 shares during the last quarter. GSA Capital Partners LLP boosted its holdings in P3 Health Partners by 110.6% in the first quarter. GSA Capital Partners LLP now owns 565,522 shares of the company’s stock valued at $582,000 after purchasing an additional 296,936 shares in the last quarter. Emfo LLC increased its stake in P3 Health Partners by 39.8% in the second quarter. Emfo LLC now owns 1,427,689 shares of the company’s stock valued at $643,000 after purchasing an additional 406,418 shares during the last quarter. Finally, Armistice Capital LLC acquired a new stake in P3 Health Partners during the second quarter worth approximately $3,557,000. Institutional investors and hedge funds own 7.75% of the company’s stock.

P3 Health Partners Company Profile

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.