Perimeter Solutions, SA (NYSE:PRM) Shares Sold by Counterpoint Mutual Funds LLC

Counterpoint Mutual Funds LLC reduced its position in Perimeter Solutions, SA (NYSE:PRM) by 42.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 58,135 shares of the company’s stock after selling 43,549 shares during the quarter. Counterpoint Mutual Funds LLC’s holdings in Perimeter Solutions were worth $743,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of PRM. Bleakley Financial Group LLC increased its position in shares of Perimeter Solutions by 6.7% during the fourth quarter. Bleakley Financial Group LLC now owns 28,380 shares of the company’s stock worth $363,000 after acquiring an additional 1,778 shares during the period. Natixis Advisors LLC boosted its holdings in Perimeter Solutions by 3.8% in the fourth quarter. Natixis Advisors LLC now owns 67,406 shares of the company’s stock valued at $861,000 after purchasing an additional 2,483 shares during the period. Rhumbline Advisers increased its holdings in Perimeter Solutions by 1.3% during the 4th quarter. Rhumbline Advisers now owns 208,189 shares of the company’s stock worth $2,661,000 after purchasing an additional 2,627 shares during the period. PNC Financial Services Group Inc. raised its position in Perimeter Solutions by 2.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 139,335 shares of the company’s stock valued at $1,874,000 after purchasing an additional 3,544 shares in the last quarter. Finally, Quarry LP purchased a new position in shares of Perimeter Solutions in the 3rd quarter valued at about $52,000. 89.93% of the stock is currently owned by hedge funds and other institutional investors.

Perimeter Solutions Stock Up 1.8 %

PRM stock opened at $9.20 on Monday. The company’s 50 day moving average price is $11.61 and its 200 day moving average price is $12.38. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of -65.67 and a beta of 1.93. Perimeter Solutions, SA has a fifty-two week low of $6.01 and a fifty-two week high of $14.44. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.95 and a current ratio of 3.91.

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

About Perimeter Solutions

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.