Crcm LP Acquires New Stake in Perceptive Capital Solutions Corp. $PCSC

Crcm LP acquired a new stake in shares of Perceptive Capital Solutions Corp. (NASDAQ:PCSC) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 419,084 shares of the company’s stock, valued at approximately $5,461,000. Perceptive Capital Solutions accounts for approximately 1.8% of Crcm LP’s holdings, making the stock its 9th largest position. Crcm LP owned approximately 4.70% of Perceptive Capital Solutions as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in PCSC. Radcliffe Capital Management L.P. purchased a new stake in Perceptive Capital Solutions during the third quarter valued at about $128,000. Geode Capital Management LLC purchased a new stake in Perceptive Capital Solutions during the fourth quarter valued at about $138,000. Rangeley Capital LLC purchased a new stake in Perceptive Capital Solutions during the second quarter valued at about $212,000. Periscope Capital Inc. purchased a new stake in Perceptive Capital Solutions during the fourth quarter valued at about $261,000. Finally, Sculptor Capital LP raised its position in 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 purchasing an additional 2,243 shares in the last 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.com, the stock currently has a consensus rating of “Sell”.

Perceptive Capital Solutions Stock Up 1.2%

NASDAQ PCSC opened at $11.40 on Friday. The stock’s 50-day simple moving average is $11.16 and its two-hundred day simple moving average is $12.08. Perceptive Capital Solutions Corp. has a twelve month low of $10.54 and a twelve month high of $14.47. The company has a market capitalization of $101.57 million, a price-to-earnings ratio of 570.00 and a beta of 0.34.

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

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.