LMR Partners LLP Increases Holdings in Sharecare, Inc. (NASDAQ:SHCR)

LMR Partners LLP grew its holdings in shares of Sharecare, Inc. (NASDAQ:SHCR) by 88.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,262,319 shares of the company’s stock after purchasing an additional 2,002,825 shares during the quarter. LMR Partners LLP’s holdings in Sharecare were worth $6,052,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Millennium Management LLC boosted its position in shares of Sharecare by 12,938.8% during the 2nd quarter. Millennium Management LLC now owns 6,092,772 shares of the company’s stock valued at $8,225,000 after acquiring an additional 6,046,044 shares during the last quarter. Squarepoint Ops LLC lifted its position in Sharecare by 7,841.4% in the 2nd quarter. Squarepoint Ops LLC now owns 2,511,468 shares of the company’s stock worth $3,390,000 after buying an additional 2,479,843 shares during the last quarter. Private Management Group Inc. lifted its position in Sharecare by 12.1% in the 2nd quarter. Private Management Group Inc. now owns 10,408,903 shares of the company’s stock worth $14,052,000 after buying an additional 1,124,331 shares during the last quarter. Gabelli Funds LLC bought a new stake in Sharecare in the 2nd quarter worth approximately $892,000. Finally, Sagefield Capital LP bought a new stake in Sharecare in the 2nd quarter worth approximately $814,000. 35.08% of the stock is owned by hedge funds and other institutional investors.

Sharecare Stock Performance

Shares of SHCR stock opened at $1.43 on Tuesday. Sharecare, Inc. has a fifty-two week low of $0.48 and a fifty-two week high of $1.44. The stock has a 50 day moving average price of $1.42 and a two-hundred day moving average price of $1.25. The company has a market capitalization of $531.79 million, a P/E ratio of -3.67 and a beta of 0.51.

Sharecare Profile

Sharecare, Inc operates as a digital healthcare platform company. Its Sharecare platform connects people, patients, providers, employers, health plans, government organizations, and communities that optimize individual and population-wide well-being. The company offers enterprise solutions based on a software-as-a-service model that allows enterprise clients to message, motivate, and manage their populations, as well as measure their population progress; a suite of data and information-driven solutions; and life sciences solutions, which provides members with personalized information, programs, and resources to improve their health and well-being.