SG Americas Securities LLC Purchases 10,348 Shares of Perimeter Solutions, SA (NYSE:PRM)

SG Americas Securities LLC grew its position in shares of Perimeter Solutions, SA (NYSE:PRMFree Report) by 21.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 58,733 shares of the company’s stock after acquiring an additional 10,348 shares during the quarter. SG Americas Securities LLC’s holdings in Perimeter Solutions were worth $751,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. CWM LLC raised its holdings in Perimeter Solutions by 22.8% in the 3rd quarter. CWM LLC now owns 12,251 shares of the company’s stock worth $165,000 after purchasing an additional 2,276 shares during the period. Bleakley Financial Group LLC raised its holdings in Perimeter Solutions by 14.8% in the 3rd quarter. Bleakley Financial Group LLC now owns 26,602 shares of the company’s stock worth $358,000 after purchasing an additional 3,421 shares during the period. PNC Financial Services Group Inc. raised its holdings in Perimeter Solutions by 2.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 139,335 shares of the company’s stock worth $1,874,000 after purchasing an additional 3,544 shares during the period. Natixis Advisors LLC raised its holdings in Perimeter Solutions by 5.9% in the 3rd quarter. Natixis Advisors LLC now owns 64,923 shares of the company’s stock worth $873,000 after purchasing an additional 3,595 shares during the period. Finally, Quarry LP bought a new position in Perimeter Solutions in the 3rd quarter worth $52,000. 89.93% of the stock is owned by institutional investors.

Perimeter Solutions Price Performance

Shares of Perimeter Solutions stock opened at $12.64 on Thursday. Perimeter Solutions, SA has a one year low of $4.61 and a one year high of $14.44. The stock’s fifty day moving average is $12.92 and its 200 day moving average is $12.15. The stock has a market cap of $1.85 billion, a P/E ratio of -11.18 and a beta of 1.91. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.95 and a current ratio of 3.91.

Perimeter Solutions (NYSE:PRMGet Free Report) last announced its earnings results on Tuesday, November 12th. The company reported ($0.61) EPS for the quarter, missing analysts’ consensus estimates of $0.61 by ($1.22). Perimeter Solutions had a negative return on equity of 10.08% and a negative net margin of 30.57%. The company had revenue of $288.42 million during the quarter, compared to the consensus estimate of $265.30 million. During the same period in the prior year, the business posted $0.31 earnings per share.

Insiders Place Their Bets

In other Perimeter Solutions news, CEO Haitham Khouri sold 80,156 shares of the stock in a transaction on Friday, November 15th. The stock was sold at an average price of $12.16, for a total value of $974,696.96. Following the completion of the sale, the chief executive officer now owns 249,833 shares in the company, valued at approximately $3,037,969.28. This represents a 24.29 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Tracy Britt Cool sold 50,000 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $12.81, for a total value of $640,500.00. Following the transaction, the director now owns 173,449 shares of the company’s stock, valued at approximately $2,221,881.69. The trade was a 22.38 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 210,156 shares of company stock worth $2,579,197. Corporate insiders own 8.70% of the company’s stock.

About Perimeter Solutions

(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.

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Institutional Ownership by Quarter for Perimeter Solutions (NYSE:PRM)

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