P3 Health Partners Inc. (NASDAQ:PIII – Get Rating) shares gapped up prior to trading on Wednesday after an insider bought additional shares in the company. The stock had previously closed at $3.21, but opened at $3.50. P3 Health Partners shares last traded at $3.51, with a volume of 154,345 shares.
Specifically, major shareholder Pacific Founders Ugp Chicago purchased 4,739,120 shares of the business’s stock in a transaction that occurred on Thursday, April 6th. The shares were acquired at an average price of $1.18 per share, for a total transaction of $5,592,161.60. Following the completion of the purchase, the insider now owns 104,740,954 shares in the company, valued at approximately $123,594,325.72. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, major shareholder Pacific Founders Ugp Chicago acquired 4,739,120 shares of the business’s stock in a transaction on Thursday, April 6th. The shares were purchased at an average price of $1.18 per share, for a total transaction of $5,592,161.60. Following the completion of the purchase, the insider now directly owns 104,740,954 shares of the company’s stock, valued at approximately $123,594,325.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Atul Kavthekar acquired 18,868 shares of the business’s stock in a transaction on Monday, May 15th. The shares were purchased at an average price of $2.65 per share, for a total transaction of $50,000.20. Following the purchase, the chief financial officer now directly owns 18,868 shares of the company’s stock, valued at $50,000.20. The disclosure for this purchase can be found here. Insiders purchased 4,956,213 shares of company stock valued at $6,197,694 over the last quarter. Company insiders own 23.60% of the company’s stock.
P3 Health Partners Price Performance
The business has a fifty day moving average of $1.35 and a 200-day moving average of $2.19. The company has a debt-to-equity ratio of 16.13, a current ratio of 0.41 and a quick ratio of 0.41.
Hedge Funds Weigh In On P3 Health Partners
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 is based in Henderson, Nevada.
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