Perimeter Solutions, SA (NYSE:PRM – Get Free Report) CFO Kyle Sable sold 150,000 shares of the company’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $31.52, for a total value of $4,728,000.00. Following the sale, the chief financial officer owned 20,000 shares of the company’s stock, valued at $630,400. The trade was a 88.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Kyle Sable also recently made the following trade(s):
- On Monday, May 11th, Kyle Sable sold 20,460 shares of Perimeter Solutions stock. The stock was sold at an average price of $32.89, for a total value of $672,929.40.
- On Tuesday, May 12th, Kyle Sable sold 30,000 shares of Perimeter Solutions stock. The stock was sold at an average price of $31.75, for a total value of $952,500.00.
Perimeter Solutions Stock Down 0.2%
NYSE PRM opened at $32.09 on Wednesday. The business has a fifty day moving average price of $25.83 and a two-hundred day moving average price of $26.43. The company has a debt-to-equity ratio of 1.01, a current ratio of 3.09 and a quick ratio of 2.42. Perimeter Solutions, SA has a fifty-two week low of $11.55 and a fifty-two week high of $34.29. The stock has a market capitalization of $5.23 billion, a PE ratio of -23.95 and a beta of 1.93.
Institutional Trading of Perimeter Solutions
Large investors have recently bought and sold shares of the business. Jones Financial Companies Lllp acquired a new stake in Perimeter Solutions during the 3rd quarter worth about $27,000. Arax Advisory Partners grew its holdings in Perimeter Solutions by 122.8% during the 4th quarter. Arax Advisory Partners now owns 1,047 shares of the company’s stock worth $29,000 after acquiring an additional 577 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Perimeter Solutions by 51.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,143 shares of the company’s stock worth $31,000 after acquiring an additional 389 shares during the period. EverSource Wealth Advisors LLC acquired a new stake in Perimeter Solutions during the 2nd quarter worth about $42,000. Finally, Comerica Bank grew its holdings in Perimeter Solutions by 45.0% during the 1st quarter. Comerica Bank now owns 4,267 shares of the company’s stock worth $43,000 after acquiring an additional 1,324 shares during the period. 89.93% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research analysts have recently issued reports on PRM shares. Zacks Research upgraded shares of Perimeter Solutions from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 14th. Wall Street Zen upgraded shares of Perimeter Solutions from a “hold” rating to a “buy” rating in a report on Saturday. UBS Group upped their price target on shares of Perimeter Solutions from $30.00 to $34.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Weiss Ratings upgraded shares of Perimeter Solutions from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday. Finally, Morgan Stanley upped their price target on shares of Perimeter Solutions from $35.00 to $40.00 and gave the stock an “overweight” rating in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Perimeter Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $37.00.
Read Our Latest Analysis on Perimeter Solutions
About Perimeter Solutions
Perimeter Solutions Ltd. (NYSE: PRM) is a global specialty chemicals company focused on delivering performance-driven solutions for the oil and gas, coatings, plastics, water treatment and packaging markets. Established as an independent publicly traded company in December 2019 following its spin-off from NewMarket Corporation, Perimeter Solutions has positioned itself as a leading provider of highly engineered chemical products designed to optimize upstream oil recovery, protect infrastructure and enhance the performance of industrial processes.
The company’s core product portfolio spans several key segments.
Read More
- Five stocks we like better than Perimeter Solutions
- Navy Catalyst Ignites Odysight’s Growth Engine
- AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?
- Axon Surged After Earnings and Is Still Down Over 50% From Highs
- The Event That Could Redefine Apple’s Summer Rally
Receive News & Ratings for Perimeter Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perimeter Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
