Values First Advisors Inc. acquired a new position in shares of Privia Health Group, Inc. (NASDAQ:PRVA – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 4,569 shares of the company’s stock, valued at approximately $83,000.
Several other large investors also recently made changes to their positions in PRVA. Sequoia Financial Advisors LLC increased its holdings in Privia Health Group by 2.3% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 26,246 shares of the company’s stock valued at $478,000 after purchasing an additional 583 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its holdings in shares of Privia Health Group by 8.5% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 7,695 shares of the company’s stock valued at $134,000 after buying an additional 605 shares during the period. Arizona State Retirement System lifted its position in Privia Health Group by 2.4% during the 2nd quarter. Arizona State Retirement System now owns 26,574 shares of the company’s stock worth $462,000 after acquiring an additional 617 shares in the last quarter. Signaturefd LLC lifted its position in Privia Health Group by 46.3% during the 2nd quarter. Signaturefd LLC now owns 1,978 shares of the company’s stock worth $34,000 after acquiring an additional 626 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its holdings in Privia Health Group by 9.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 8,970 shares of the company’s stock worth $176,000 after acquiring an additional 756 shares during the period. Institutional investors and hedge funds own 94.48% of the company’s stock.
Privia Health Group Price Performance
PRVA stock opened at $17.65 on Friday. The firm has a market cap of $2.11 billion, a price-to-earnings ratio of 147.10, a PEG ratio of 4.00 and a beta of 0.76. Privia Health Group, Inc. has a 1-year low of $15.92 and a 1-year high of $24.35. The firm has a fifty day moving average price of $18.58 and a two-hundred day moving average price of $18.27.
Insider Buying and Selling
In related news, CEO Parth Mehrotra sold 135,142 shares of the company’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $18.50, for a total transaction of $2,500,127.00. Following the completion of the transaction, the chief executive officer now directly owns 247,771 shares in the company, valued at $4,583,763.50. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 14.20% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the stock. KeyCorp assumed coverage on shares of Privia Health Group in a research note on Friday, October 11th. They issued an “overweight” rating and a $23.00 target price for the company. Royal Bank of Canada restated an “outperform” rating and set a $28.00 target price on shares of Privia Health Group in a research note on Wednesday, August 14th. Robert W. Baird boosted their price target on Privia Health Group from $23.00 to $24.00 and gave the stock an “outperform” rating in a research note on Monday, August 26th. Finally, Evercore ISI lowered their price objective on Privia Health Group from $23.00 to $20.00 and set an “outperform” rating for the company in a research note on Tuesday, July 9th. Two investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Privia Health Group currently has an average rating of “Buy” and a consensus price target of $24.73.
Check Out Our Latest Stock Analysis on Privia Health Group
Privia Health Group Profile
Privia Health Group, Inc operates as a national physician-enablement company in the United States. The company collaborates with medical groups, health plans, and health systems to optimize physician practices, enhance patient experiences, and reward doctors for delivering care in-person and virtual settings.
Further Reading
- Five stocks we like better than Privia Health Group
- How Investors Can Find the Best Cheap Dividend Stocks
- Texas Roadhouse Stock Steering for New Highs This Year
- Pros And Cons Of Monthly Dividend Stocks
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- Earnings Per Share Calculator: How to Calculate EPS
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
Receive News & Ratings for Privia Health Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Privia Health Group and related companies with MarketBeat.com's FREE daily email newsletter.