Abundance Wealth Counselors Sells 174,395 Shares of P3 Health Partners Inc. (NASDAQ:PIII)

Abundance Wealth Counselors trimmed its holdings in shares of P3 Health Partners Inc. (NASDAQ:PIII) by 43.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 225,605 shares of the company’s stock after selling 174,395 shares during the quarter. Abundance Wealth Counselors’ holdings in P3 Health Partners were worth $51,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in PIII. Geode Capital Management LLC lifted its stake in shares of P3 Health Partners by 115.2% in the 3rd quarter. Geode Capital Management LLC now owns 1,029,259 shares of the company’s stock valued at $398,000 after purchasing an additional 550,925 shares during the last quarter. Renaissance Technologies LLC raised its holdings in P3 Health Partners by 188.1% during the 2nd quarter. Renaissance Technologies LLC now owns 111,800 shares of the company’s stock valued at $50,000 after buying an additional 73,000 shares during the period. Trinity Financial Advisors LLC purchased a new stake in P3 Health Partners during the 4th quarter valued at $261,000. Finally, Sanders Morris Harris LLC lifted its position in P3 Health Partners by 50.0% in the fourth quarter. Sanders Morris Harris LLC now owns 184,497 shares of the company’s stock worth $41,000 after buying an additional 61,499 shares during the last quarter. Institutional investors own 7.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, TD Cowen cut their price objective on shares of P3 Health Partners from $0.90 to $0.25 and set a “hold” rating on the stock in a research report on Wednesday, November 20th.

P3 Health Partners Stock Up 3.1 %

Shares of NASDAQ:PIII opened at $0.18 on Friday. The firm has a market capitalization of $64.73 million, a PE ratio of -0.21 and a beta of 1.00. The business has a 50 day simple moving average of $0.21 and a two-hundred day simple moving average of $0.37. P3 Health Partners Inc. has a 1 year low of $0.17 and a 1 year high of $1.35. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.53 and a quick ratio of 0.53.

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.