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

P3 Health Partners Inc. (NASDAQ:PIII) major shareholder Pacific Founders Ugp I. Chicago acquired 80,000 shares of the firm’s stock in a transaction dated Wednesday, September 11th. The stock was bought at an average price of $0.56 per share, for a total transaction of $44,800.00. Following the completion of the acquisition, the insider now owns 77,025,438 shares in the company, valued at approximately $43,134,245.28. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Large 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 8.3 %

Shares of NASDAQ PIII opened at $0.50 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.69 and a quick ratio of 0.69. The business’s 50 day moving average is $0.55 and its two-hundred day moving average is $0.65. P3 Health Partners Inc. has a 52-week low of $0.40 and a 52-week high of $2.85.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in PIII. Armistice Capital LLC acquired a new stake in P3 Health Partners during the 2nd quarter worth approximately $3,557,000. Emfo LLC increased its position in shares of P3 Health Partners by 39.8% during the second quarter. Emfo LLC now owns 1,427,689 shares of the company’s stock worth $643,000 after acquiring an additional 406,418 shares during the period. GSA Capital Partners LLP raised its stake in shares of 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 acquiring an additional 296,936 shares in the last quarter. Sanders Morris Harris LLC boosted its holdings in P3 Health Partners by 16.3% in the second quarter. Sanders Morris Harris LLC now owns 142,998 shares of the company’s stock valued at $64,000 after purchasing an additional 20,000 shares during the period. Finally, Renaissance Technologies LLC grew its stake 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 purchasing an additional 73,000 shares in the last quarter. Hedge funds and other institutional investors 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.