Hound Partners LLC bought a new position in Foresight Acquisition Corp. (OTCMKTS:FOREU) during the 1st quarter, HoldingsChannel reports. The fund bought 150,000 shares of the company’s stock, valued at approximately $1,487,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Verition Fund Management LLC bought a new stake in shares of Foresight Acquisition in the 1st quarter worth about $4,005,000. Picton Mahoney Asset Management bought a new stake in shares of Foresight Acquisition in the 1st quarter worth about $2,478,000. Sculptor Capital LP bought a new stake in shares of Foresight Acquisition in the 1st quarter worth about $4,460,000. PEAK6 Investments LLC bought a new stake in Foresight Acquisition during the 1st quarter worth about $8,920,000. Finally, Caas Capital Management LP bought a new stake in Foresight Acquisition during the 1st quarter worth about $99,000.
OTCMKTS:FOREU remained flat at $$10.30 during mid-day trading on Thursday. 219 shares of the company’s stock were exchanged, compared to its average volume of 152,737. Foresight Acquisition Corp. has a 12-month low of $9.75 and a 12-month high of $10.56. The business’s 50 day moving average is $10.25.
Foresight Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to engage in the population health management business. The company was incorporated in 2020 and is based in Chicago, Illinois.
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