Navellier & Associates Inc. Makes New $739,000 Investment in Perimeter Solutions, SA (NYSE:PRM)

Navellier & Associates Inc. acquired a new stake in Perimeter Solutions, SA (NYSE:PRM) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 57,847 shares of the company’s stock, valued at approximately $739,000.

Several other large investors also recently made changes to their positions in the stock. Principal Financial Group Inc. boosted its holdings in shares of Perimeter Solutions by 1.5% in the 4th quarter. Principal Financial Group Inc. now owns 10,694,289 shares of the company’s stock valued at $136,673,000 after buying an additional 160,564 shares during the last quarter. DF Dent & Co. Inc. boosted its holdings in shares of Perimeter Solutions by 27.4% in the 3rd quarter. DF Dent & Co. Inc. now owns 2,341,963 shares of the company’s stock valued at $31,499,000 after buying an additional 504,146 shares during the last quarter. Pennant Select LLC boosted its holdings in shares of Perimeter Solutions by 41.6% in the 3rd quarter. Pennant Select LLC now owns 814,000 shares of the company’s stock valued at $10,948,000 after buying an additional 239,000 shares during the last quarter. Catawba River Capital acquired a new stake in shares of Perimeter Solutions in the 4th quarter valued at approximately $7,658,000. Finally, Ieq Capital LLC acquired a new stake in shares of Perimeter Solutions in the 4th quarter valued at approximately $6,698,000. Institutional investors and hedge funds own 89.93% of the company’s stock.

Perimeter Solutions Trading Down 7.3 %

NYSE PRM opened at $10.03 on Friday. The company has a market cap of $1.47 billion, a PE ratio of -71.60 and a beta of 1.90. The company has a current ratio of 3.91, a quick ratio of 2.95 and a debt-to-equity ratio of 0.67. Perimeter Solutions, SA has a 12 month low of $5.51 and a 12 month high of $14.44. The stock has a 50 day moving average of $12.57 and a 200-day moving average of $12.47.

Perimeter Solutions (NYSE:PRM) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of ($0.10) by $0.21. Perimeter Solutions had a negative return on equity of 7.62% and a negative net margin of 1.05%. The company had revenue of $86.23 million during the quarter, compared to the consensus estimate of $77.01 million. On average, equities research analysts anticipate that Perimeter Solutions, SA will post 0.71 EPS for the current fiscal year.

Perimeter Solutions Company 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.