Versor Investments LP Purchases Shares of 19,800 Perimeter Solutions, SA (NYSE:PRM)

Versor Investments LP acquired a new stake in shares of Perimeter Solutions, SA (NYSE:PRM) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 19,800 shares of the company’s stock, valued at approximately $253,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Principal Financial Group Inc. increased its position in shares of Perimeter Solutions by 1.5% during the 4th quarter. Principal Financial Group Inc. now owns 10,694,289 shares of the company’s stock worth $136,673,000 after purchasing an additional 160,564 shares in the last quarter. DF Dent & Co. Inc. increased its holdings in shares of Perimeter Solutions by 27.4% during the third quarter. DF Dent & Co. Inc. now owns 2,341,963 shares of the company’s stock worth $31,499,000 after buying an additional 504,146 shares in the last quarter. Pennant Select LLC raised its stake in shares of Perimeter Solutions by 41.6% in the third quarter. Pennant Select LLC now owns 814,000 shares of the company’s stock valued at $10,948,000 after acquiring an additional 239,000 shares during the last quarter. Catawba River Capital acquired a new position in shares of Perimeter Solutions in the 4th quarter worth approximately $7,658,000. Finally, Ieq Capital LLC bought a new stake in Perimeter Solutions during the 4th quarter worth approximately $6,698,000. Institutional investors and hedge funds own 89.93% of the company’s stock.

Perimeter Solutions Trading Down 6.1 %

PRM stock opened at $9.93 on Tuesday. 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 stock has a market capitalization of $1.49 billion, a price-to-earnings ratio of -70.92 and a beta of 1.90. The business has a fifty day moving average price of $12.25 and a 200 day moving average price of $12.48. Perimeter Solutions, SA has a fifty-two week low of $6.01 and a fifty-two week high of $14.44.

Perimeter Solutions (NYSE:PRM) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.21. The business had revenue of $86.23 million during the quarter, compared to analysts’ expectations of $77.01 million. Perimeter Solutions had a negative return on equity of 7.62% and a negative net margin of 1.05%. 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.