Sanders Morris Harris LLC Has $41,000 Stock Position in P3 Health Partners Inc. (NASDAQ:PIII)

Sanders Morris Harris LLC boosted its position in shares of P3 Health Partners Inc. (NASDAQ:PIII) by 50.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 184,497 shares of the company’s stock after purchasing an additional 61,499 shares during the quarter. Sanders Morris Harris LLC owned about 0.05% of P3 Health Partners worth $41,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Renaissance Technologies LLC raised its stake in shares of P3 Health Partners by 188.1% during the second quarter. Renaissance Technologies LLC now owns 111,800 shares of the company’s stock worth $50,000 after buying an additional 73,000 shares during the last quarter. Geode Capital Management LLC raised its position in shares of P3 Health Partners by 115.2% during the 3rd quarter. Geode Capital Management LLC now owns 1,029,259 shares of the company’s stock valued at $398,000 after acquiring an additional 550,925 shares during the last quarter. Trinity Financial Advisors LLC acquired a new position in shares of P3 Health Partners in the 4th quarter valued at $261,000. Finally, Armistice Capital LLC acquired a new position in shares of P3 Health Partners in the 2nd quarter valued at $3,557,000. Institutional investors own 7.75% of the company’s stock.

Analyst Ratings Changes

Separately, TD Cowen dropped their price objective on P3 Health Partners from $0.90 to $0.25 and set a “hold” rating for the company in a report on Wednesday, November 20th.

P3 Health Partners Trading Down 5.5 %

P3 Health Partners stock traded down $0.01 during midday trading on Thursday, hitting $0.20. 371,201 shares of the stock were exchanged, compared to its average volume of 10,057,933. P3 Health Partners Inc. has a 52 week low of $0.18 and a 52 week high of $1.35. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $71.23 million, a PE ratio of -0.24 and a beta of 1.00. The company has a fifty day simple moving average of $0.23 and a two-hundred day simple moving average of $0.40.

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.