Geode Capital Management LLC Boosts Holdings in P3 Health Partners Inc. (NASDAQ:PIII)

Geode Capital Management LLC boosted its stake in P3 Health Partners Inc. (NASDAQ:PIII) by 115.2% in the third quarter, Holdings Channel.com reports. The fund owned 1,029,259 shares of the company’s stock after buying an additional 550,925 shares during the quarter. Geode Capital Management LLC’s holdings in P3 Health Partners were worth $398,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Renaissance Technologies LLC lifted its holdings in shares of P3 Health Partners by 188.1% in the 2nd quarter. Renaissance Technologies LLC now owns 111,800 shares of the company’s stock valued at $50,000 after purchasing an additional 73,000 shares during the last quarter. Institutional investors own 7.75% of the company’s stock.

Analysts Set New Price Targets

Separately, TD Cowen dropped their price target on P3 Health Partners from $0.90 to $0.25 and set a “hold” rating on the stock in a research note on Wednesday, November 20th.

P3 Health Partners Trading Down 3.0 %

NASDAQ PIII opened at $0.22 on Monday. The firm’s fifty day moving average is $0.24 and its two-hundred day moving average is $0.40. P3 Health Partners Inc. has a one year low of $0.18 and a one year high of $1.36. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.53 and a current ratio of 0.53. The firm has a market cap of $77.18 million, a PE ratio of -0.26 and a beta of 1.00.

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 was founded in 2020 and is based in Henderson, Nevada.