P3 Health Partners (NASDAQ:PIII) Downgraded by Zacks Investment Research

Zacks Investment Research cut shares of P3 Health Partners (NASDAQ:PIIIGet Rating) from a hold rating to a sell rating in a research report released on Tuesday, Zacks.com reports.

According to Zacks, “P3 Health Partners is a patient-centered and physician-led population health management company. P3 Health Partners, formerly known as Foresight Acquisition Corp., is based in NEW YORK. “

Separately, William Blair assumed coverage on P3 Health Partners in a research note on Tuesday, January 4th. They issued an outperform rating for the company.

NASDAQ PIII opened at $7.72 on Tuesday. P3 Health Partners has a 1-year low of $4.58 and a 1-year high of $16.73. The company has a 50 day moving average price of $6.60.

In related news, major shareholder Michael Balkin purchased 15,000 shares of the company’s stock in a transaction on Friday, January 28th. The stock was bought at an average price of $4.83 per share, with a total value of $72,450.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

A number of institutional investors have recently added to or reduced their stakes in PIII. Granite Point Capital Management L.P. purchased a new position in P3 Health Partners during the fourth quarter worth $1,126,000. Emfo LLC purchased a new stake in shares of P3 Health Partners in the fourth quarter valued at $2,194,000. Sanders Morris Harris LLC purchased a new stake in shares of P3 Health Partners in the fourth quarter valued at $787,000. Geode Capital Management LLC purchased a new stake in shares of P3 Health Partners in the fourth quarter valued at $319,000. Finally, Blair William & Co. IL purchased a new stake in shares of P3 Health Partners in the fourth quarter valued at $204,000.

About P3 Health Partners (Get Rating)

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. The company is based in Henderson, Nevada.

Featured Stories

Get a free copy of the Zacks research report on P3 Health Partners (PIII)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for P3 Health Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for P3 Health Partners and related companies with MarketBeat.com's FREE daily email newsletter.