6 days Ago By ABMN Staff
Franklin Resources Inc. grew its stake in shares of Perimeter Solutions, SA ( NYSE:PRM – Free Report ) by 40.8% during the 4th quarter, according to its most recent 13F filing with the SEC.
The institutional investor owned 117,592 shares of the company’s stock after purchasing an additional 34,057 shares during the period. Franklin Resources Inc. owned approximately 0.
08% of Perimeter Solutions worth $1,503,000 at the end of the most recent reporting period. Other institutional investors and hedge funds have also made changes to their positions in the company. McAdam LLC purchased a new stake in Perimeter Solutions during the fourth quarter worth about $131,000.
Orion Portfolio Solutions LLC acquired a new stake in shares of Perimeter Solutions during the 3rd quarter valued at approximately $138,000. Cibc World Markets Corp purchased a new stake in shares of Perimeter Solutions during the 4th quarter worth approximately $160,000. Lingohr Asset Management GmbH acquired a new stake in shares of Perimeter Solutions in the 4th quarter worth approximately $203,000.
Finally, Fox Run Management L.L.C.
purchased a new position in Perimeter Solutions in the 4th quarter valued at approximately $227,000. 89.93% of the stock is owned by institutional investors and hedge funds.
Perimeter Solutions Stock Up 0.2 % Shares of NYSE PRM opened at $9.99 on Tuesday.
The firm’s 50-day moving average is $10.16 and its two-hundred day moving average is $12.00.
The company has a market capitalization of $1.50 billion, a PE ratio of -71.35 and a beta of 1.
88. Perimeter Solutions, SA has a 12-month low of $6.84 and a 12-month high of $14.
44. The company has a debt-to-equity ratio of 0.67, a current ratio of 3.
91 and a quick ratio of 2.95. Analysts Set New Price Targets Separately, UBS Group raised Perimeter Solutions from a “neutral” rating to a “buy” rating and set a $14.
00 target price on the stock in a report on Wednesday, March 26th. Read Our Latest Report on PRM Insider Activity In other news, Director Vivek Raj sold 250,000 shares of the business’s stock in a transaction that occurred on 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 transaction, the director now owns 471,226 shares of the company’s stock, valued at $4,321,142.
42. The trade was a 34.66 % decrease in their ownership of the stock.
The transaction was disclosed in a filing with the SEC, which is available at the SEC website . Company insiders own 8.70% of the company’s stock.
Perimeter Solutions Company Profile ( Free Report ) 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.
See Also Want to see what other hedge funds are holding PRM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Perimeter Solutions, SA ( NYSE:PRM – Free Report ). Receive News & Ratings for Perimeter Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perimeter Solutions and related companies with MarketBeat.
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