People Incorporated Common Stock $PPLI Holdings Trimmed by Levin Capital Strategies L.P.

Posted by Stanley Muller on Jul 23rd, 2026

Levin Capital Strategies L.P. reduced its position in shares of People Incorporated Common Stock (NASDAQ:PPLI – Free Report) by 93.3% during the first quarter, Holdings Channel.com reports. The fund owned 26,465 shares of the company’s stock after selling 368,451 shares during the quarter. Levin Capital Strategies L.P.’s holdings in People Incorporated Common Stock were worth $1,059,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. UBS Group AG grew its stake in shares of People Incorporated Common Stock by 11.4% in the 4th quarter. UBS Group AG now owns 781,195 shares of the company’s stock worth $30,545,000 after purchasing an additional 79,755 shares during the last quarter. Tudor Investment Corp ET AL acquired a new stake in People Incorporated Common Stock during the third quarter valued at approximately $6,050,000. Davis Selected Advisers lifted its stake in People Incorporated Common Stock by 12.1% during the fourth quarter. Davis Selected Advisers now owns 2,514,072 shares of the company’s stock valued at $98,301,000 after purchasing an additional 270,383 shares during the last quarter. Factorial Partners LLC boosted its holdings in People Incorporated Common Stock by 41.2% during the fourth quarter. Factorial Partners LLC now owns 48,000 shares of the company’s stock worth $1,877,000 after buying an additional 14,000 shares in the last quarter. Finally, Brooktree Capital Management boosted its holdings in People Incorporated Common Stock by 9.6% during the fourth quarter. Brooktree Capital Management now owns 320,899 shares of the company’s stock worth $12,547,000 after buying an additional 28,221 shares in the last quarter. 88.90% of the stock is currently owned by institutional investors.

People Incorporated Common Stock Trading Down 1.5%

People Incorporated Common Stock stock opened at $43.45 on Thursday. People Incorporated Common Stock has a 52 week low of $29.56 and a 52 week high of $48.32. The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.69 and a current ratio of 3.69. The firm has a market capitalization of $2.98 billion, a price-to-earnings ratio of 117.44 and a beta of 1.02. The company has a 50 day moving average price of $43.68 and a 200 day moving average price of $40.85.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on PPLI. Jefferies Financial Group cut People Incorporated Common Stock from a “buy” rating to a “hold” rating and set a $44.00 price target on the stock. in a report on Wednesday, May 6th. TD Cowen raised their price objective on People Incorporated Common Stock from $60.00 to $66.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Piper Sandler set a $52.00 target price on People Incorporated Common Stock in a report on Thursday, May 7th. Wall Street Zen lowered People Incorporated Common Stock from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings raised People Incorporated Common Stock from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, June 29th. Eight investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $53.62.

Check Out Our Latest Research Report on People Incorporated Common Stock

People Incorporated Common Stock Profile

(Free Report)

IAC (NASDAQ: IAC) is a publicly traded holding company headquartered in New York City that builds and invests in consumer-focused internet businesses. Through its portfolio of digital media brands, online marketplaces and subscription services, IAC delivers content and connections across a range of verticals, including lifestyle, finance, home services and personal care. The company’s operations span North America and parts of Europe, where its brands reach millions of visitors each month.

In the digital publishing space, IAC’s Dotdash Meredith division develops original content and data‐driven journalism across more than a dozen specialty sites.