Empyrean Capital Partners LP Acquires Shares of 282,100 Perceptive Capital Solutions Corp. $PCSC

Empyrean Capital Partners LP acquired a new stake in Perceptive Capital Solutions Corp. (NASDAQ:PCSCFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 282,100 shares of the company’s stock, valued at approximately $3,676,000. Empyrean Capital Partners LP owned approximately 3.17% of Perceptive Capital Solutions as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of PCSC. Farallon Capital Management LLC acquired a new stake in Perceptive Capital Solutions in the fourth quarter valued at approximately $29,318,000. ADAR1 Capital Management LLC grew its position in Perceptive Capital Solutions by 160.9% in the fourth quarter. ADAR1 Capital Management LLC now owns 1,956,720 shares of the company’s stock valued at $25,496,000 after acquiring an additional 1,206,720 shares in the last quarter. BIT Capital GmbH acquired a new stake in Perceptive Capital Solutions in the fourth quarter valued at approximately $9,646,000. Crcm LP acquired a new stake in Perceptive Capital Solutions in the fourth quarter valued at approximately $5,461,000. Finally, Aberdeen Group plc acquired a new stake in Perceptive Capital Solutions in the fourth quarter valued at approximately $4,512,000.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Perceptive Capital Solutions in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Perceptive Capital Solutions has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on PCSC

Perceptive Capital Solutions Trading Down 0.4%

PCSC stock opened at $11.16 on Thursday. Perceptive Capital Solutions Corp. has a twelve month low of $10.54 and a twelve month high of $14.47. The company has a market capitalization of $99.44 million, a P/E ratio of 558.00 and a beta of 0.34. The firm has a 50 day simple moving average of $11.18 and a 200-day simple moving average of $12.10.

About Perceptive Capital Solutions

(Free Report)

Perceptive Capital Solutions Corp is a blank check company. It formed for the purpose of entering into a combination with one or more businesses or entities. Perceptive Capital Solutions Corp is based in NEW YORK.

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Institutional Ownership by Quarter for Perceptive Capital Solutions (NASDAQ:PCSC)

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