FNY Investment Advisers LLC Lowers Stock Holdings in Perceptive Capital Solutions Corp. $PCSC

FNY Investment Advisers LLC reduced its position in Perceptive Capital Solutions Corp. (NASDAQ:PCSC) by 54.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 49,963 shares of the company’s stock after selling 60,357 shares during the quarter. FNY Investment Advisers LLC owned 0.56% of Perceptive Capital Solutions worth $651,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Berkley W R Corp bought a new stake in Perceptive Capital Solutions in the 2nd quarter worth approximately $169,000. Rangeley Capital LLC purchased a new stake in Perceptive Capital Solutions in the second quarter worth approximately $212,000. Sculptor Capital LP grew its position in Perceptive Capital Solutions by 0.5% during the second quarter. Sculptor Capital LP now owns 415,090 shares of the company’s stock valued at $4,408,000 after acquiring an additional 2,243 shares during the last quarter. Finally, Radcliffe Capital Management L.P. purchased a new position in shares of Perceptive Capital Solutions during the third quarter worth approximately $128,000.

Perceptive Capital Solutions Trading Up 0.1%

NASDAQ PCSC opened at $10.91 on Friday. The firm has a market cap of $97.21 million, a PE ratio of 136.39 and a beta of 0.45. Perceptive Capital Solutions Corp. has a 1-year low of $10.23 and a 1-year high of $14.47. The stock has a 50-day moving average of $12.53 and a 200-day moving average of $11.90.

Perceptive Capital Solutions (NASDAQ:PCSC) last announced its quarterly earnings results on Thursday, March 12th. The company reported ($0.06) EPS for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Perceptive Capital Solutions in a research note on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Perceptive Capital Solutions currently has a consensus rating of “Sell”.

Perceptive Capital Solutions Company Profile

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.