Entropy Technologies LP Takes Position in Perimeter Solutions, SA (NYSE:PRM)

Entropy Technologies LP purchased a new position in shares of Perimeter Solutions, SA (NYSE:PRM - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 23,902 shares of the company's stock, valued at approximately $305,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bleakley Financial Group LLC raised its stake in Perimeter Solutions by 6.7% during the fourth quarter. Bleakley Financial Group LLC now owns 28,380 shares of the company's stock valued at $363,000 after buying an additional 1,778 shares in the last quarter. CWM LLC increased its holdings in shares of Perimeter Solutions by 22.8% in the 3rd quarter. CWM LLC now owns 12,251 shares of the company's stock valued at $165,000 after acquiring an additional 2,276 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of Perimeter Solutions by 2.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 139,335 shares of the company's stock valued at $1,874,000 after acquiring an additional 3,544 shares in the last quarter. Natixis Advisors LLC lifted its stake in Perimeter Solutions by 5.9% during the third quarter. Natixis Advisors LLC now owns 64,923 shares of the company's stock worth $873,000 after purchasing an additional 3,595 shares during the last quarter. Finally, Quarry LP acquired a new position in Perimeter Solutions in the third quarter worth $52,000. 89.93% of the stock is owned by institutional investors and hedge funds.

Perimeter Solutions Stock Performance

Shares of NYSE:PRM traded down $0.09 on Monday, reaching $11.87. 531,936 shares of the company's stock were exchanged, compared to its average volume of 1,215,611. The business's 50-day moving average is $12.71 and its two-hundred day moving average is $12.45. The company has a quick ratio of 2.95, a current ratio of 3.91 and a debt-to-equity ratio of 0.67. Perimeter Solutions, SA has a fifty-two week low of $5.27 and a fifty-two week high of $14.44. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of -10.50 and a beta of 1.90.

Insider Buying and Selling

In other Perimeter Solutions news, Director Tracy Britt Cool sold 50,000 shares of the firm's stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $12.81, for a total value of $640,500.00. Following the sale, the director now directly owns 173,449 shares in the company, valued at approximately $2,221,881.69. This trade represents a 22.38 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 8.70% of the stock is owned by company insiders.

Perimeter Solutions Profile

Perimeter Solutions, SA manufactures and supplies firefighting products and lubricant additives in the United States, Germany, and internationally. It operates in two segments, Fire Safety and Specialty Products. The Fire Safety segment provides fire retardants and firefighting foams, as well as specialized equipment and services for federal, state, provincial, local/municipal, and commercial customers.