Lingohr Asset Management GmbH Invests $203,000 in Perimeter Solutions, SA (NYSE:PRM)

Lingohr Asset Management GmbH bought a new stake in Perimeter Solutions, SA (NYSE:PRM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 15,859 shares of the company’s stock, valued at approximately $203,000.

Other institutional investors have also added to or reduced their stakes in the company. Quarry LP acquired a new position in shares of Perimeter Solutions during the third quarter worth approximately $52,000. McAdam LLC bought a new stake in Perimeter Solutions during the 4th quarter valued at $131,000. Orion Portfolio Solutions LLC acquired a new position in Perimeter Solutions during the third quarter worth $138,000. Landscape Capital Management L.L.C. bought a new position in shares of Perimeter Solutions in the third quarter valued at $148,000. Finally, Cibc World Markets Corp acquired a new position in shares of Perimeter Solutions during the fourth quarter valued at about $160,000. 89.93% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Perimeter Solutions

In other Perimeter Solutions news, Director Vivek Raj sold 250,000 shares of the company’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $9.17, for a total value of $2,292,500.00. Following the completion of the sale, the director now directly owns 471,226 shares of the company’s stock, valued at approximately $4,321,142.42. This represents a 34.66 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 8.70% of the stock is currently owned by insiders.

Perimeter Solutions Trading Up 2.7 %

NYSE:PRM opened at $9.27 on Thursday. Perimeter Solutions, SA has a one year low of $6.12 and a one year high of $14.44. The company has a market cap of $1.39 billion, a PE ratio of -66.17 and a beta of 1.93. The company has a debt-to-equity ratio of 0.67, a current ratio of 3.91 and a quick ratio of 2.95. The firm has a 50-day moving average of $11.44 and a 200-day moving average of $12.32.

Perimeter Solutions (NYSE:PRM) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.21. Perimeter Solutions had a negative return on equity of 7.62% and a negative net margin of 1.05%. The firm had revenue of $86.23 million during the quarter, compared to analyst estimates of $77.01 million. As a group, equities research analysts expect that Perimeter Solutions, SA will post 0.71 EPS for the current fiscal year.

About Perimeter Solutions

Perimeter Solutions, SA manufactures and supplies firefighting products and lubricant additives in the United States, Germany, and internationally. It operates in two segments, Fire Safety and Specialty Products. The Fire Safety segment provides fire retardants and firefighting foams, as well as specialized equipment and services for federal, state, provincial, local/municipal, and commercial customers.