740,264 Shares in Perceptive Capital Solutions Corp. $PCSC Purchased by BIT Capital GmbH

BIT Capital GmbH purchased a new position in Perceptive Capital Solutions Corp. (NASDAQ:PCSC) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 740,264 shares of the company’s stock, valued at approximately $9,646,000. BIT Capital GmbH owned approximately 0.08% of Perceptive Capital Solutions at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PCSC. Radcliffe Capital Management L.P. purchased a new position in Perceptive Capital Solutions in the third quarter worth about $128,000. Geode Capital Management LLC purchased a new position in shares of Perceptive Capital Solutions during the fourth quarter valued at approximately $138,000. Rangeley Capital LLC purchased a new position in shares of Perceptive Capital Solutions during the second quarter valued at approximately $212,000. Periscope Capital Inc. purchased a new position in shares of Perceptive Capital Solutions during the fourth quarter valued at approximately $261,000. Finally, Sculptor Capital LP boosted its position in shares of Perceptive Capital Solutions by 0.5% during the second quarter. Sculptor Capital LP now owns 415,090 shares of the company’s stock valued at $4,408,000 after buying an additional 2,243 shares during the period.

Perceptive Capital Solutions Stock Performance

Shares of NASDAQ PCSC opened at $11.11 on Friday. The firm has a market capitalization of $98.99 million, a price-to-earnings ratio of 555.50 and a beta of 0.34. The stock has a 50 day moving average price of $11.13 and a 200 day moving average price of $12.06. Perceptive Capital Solutions Corp. has a 52-week low of $10.54 and a 52-week high of $14.47.

Perceptive Capital Solutions (NASDAQ:PCSC) last announced its quarterly earnings results on Thursday, March 12th. The company reported ($0.06) earnings per share (EPS) for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Perceptive Capital Solutions in a research report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Perceptive Capital Solutions has a consensus rating of “Sell”.

Perceptive Capital Solutions Company Profile

Perceptive Capital Solutions Corp is a blank check company. It formed for the purpose of entering into a combination with one or more businesses or entities. Perceptive Capital Solutions Corp is based in NEW YORK.