1,043,537 Shares in P3 Health Partners Inc. (NASDAQ:PIII) Acquired by Trinity Financial Advisors LLC

Trinity Financial Advisors LLC purchased a new stake in P3 Health Partners Inc. (NASDAQ:PIII) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 1,043,537 shares of the company’s stock, valued at approximately $261,000.

Several other institutional investors also recently made changes to their positions in the stock. Renaissance Technologies LLC raised its position in shares of P3 Health Partners by 188.1% in 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 period. Geode Capital Management LLC increased its stake in P3 Health Partners by 115.2% during the third quarter. Geode Capital Management LLC now owns 1,029,259 shares of the company’s stock worth $398,000 after acquiring an additional 550,925 shares during the last quarter. Finally, Armistice Capital LLC purchased a new position in shares of P3 Health Partners in the 2nd quarter worth about $3,557,000. 7.75% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, TD Cowen decreased their target price on P3 Health Partners from $0.90 to $0.25 and set a “hold” rating for the company in a report on Wednesday, November 20th.

P3 Health Partners Stock Down 3.0 %

Shares of NASDAQ:PIII traded down $0.01 during midday trading on Friday, hitting $0.22. 294,500 shares of the company’s stock traded hands, compared to its average volume of 455,983. The firm’s fifty day moving average price is $0.24 and its two-hundred day moving average price is $0.40. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.53 and a current ratio of 0.53. P3 Health Partners Inc. has a twelve month low of $0.18 and a twelve month high of $1.36. The company has a market cap of $77.18 million, a PE ratio of -0.26 and a beta of 1.00.

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.