SG Americas Securities LLC Invests $2.90 Million in Privia Well being Group, Inc. (NASDAQ:PRVA)

Privia Health Group logoSG Americas Securities LLC purchased a brand new place in Privia Well being Group, Inc. (NASDAQ:PRVA – Get Score) within the 1st quarter, in accordance with the corporate in its most up-to-date 13F submitting with the Securities and Alternate Fee. The agency purchased 108,330 shares of the corporate’s inventory, valued at roughly $2,896,000. SG Americas Securities LLC owned 0.10% of Privia Well being Group as of its most up-to-date submitting with the Securities and Alternate Fee.

A number of different hedge funds additionally lately made adjustments to their positions in PRVA. FourThought Monetary LLC elevated its holdings in shares of Privia Well being Group by 77.2% within the 1st quarter. FourThought Monetary LLC now owns 2,417 shares of the corporate’s inventory valued at $65,000 after buying a further 1,053 shares within the final quarter. Embody Wealth Advisors LLC elevated its holdings in shares of Privia Well being Group by 37.9% within the 1st quarter. Embody Wealth Advisors LLC now owns 18,621 shares of the corporate’s inventory valued at $498,000 after buying a further 5,121 shares within the final quarter. Hardy Reed LLC bought a brand new place in shares of Privia Well being Group within the 1st quarter valued at about $136,000. Gleason Group Inc. bought a brand new place in shares of Privia Well being Group within the 1st quarter valued at about $57,000. Lastly, Belvedere Buying and selling LLC bought a brand new place in shares of Privia Well being Group within the 1st quarter valued at about $308,000. Institutional buyers and hedge funds personal 63.77% of the corporate’s inventory.

Insider Shopping for and Promoting

In associated information, EVP Thomas Bartrum offered 15,000 shares of the agency’s inventory in a transaction that occurred on Wednesday, July twentieth. The shares have been offered at a median value of $34.04, for a complete worth of $510,600.00. Following the sale, the manager vp now immediately owns 91.355 shares of the corporate’s inventory, valued at $3,109,724.20. The transaction was disclosed in a submitting with the Securities & Alternate Fee, which is on the market via this hyperlink. In different Privia Well being Group information, CFO David Mountcastle offered 19,280 shares of Privia Well being Group inventory in a transaction that occurred on Tuesday, July fifth. The shares have been offered at a median value of $30.73, for a complete transaction of $592,474.40. Following the transaction, the chief monetary officer now immediately owns 81,104 shares of the corporate’s inventory, valued at $2,492,325.92. The sale was disclosed in a submitting with the SEC, which is on the market at this hyperlink. Additionally, EVP Thomas Bartrum offered 15,000 shares of Privia Well being Group inventory in a transaction that occurred on Wednesday, July twentieth. The shares have been offered at a median value of $34.04, for a complete transaction of $510,600.00. Following the transaction, the manager vp now immediately owns 91.355 shares within the firm, valued at $3,109,724.20. The disclosure for this sale may be discovered right here. Over the past three months, insiders have offered 606.003 shares of firm inventory valued at $19,177,701. Insiders personal 57.60% of the corporate’s inventory.

Privia Well being Group Inventory Efficiency

Shares of NASDAQ PRVA opened at $36.43 on Friday. The corporate has a market cap of $3.96 billion, a PE ratio of -17.86 and a beta of 0.72. Privia Well being Group, Inc. has a 12 month low of $17.99 and a 12 month excessive of $47.77. The corporate has a debt-to-equity ratio of 0.07, a present ratio of two.24 and a fast ratio of two.24. The corporate has a 50-day easy shifting common of $28.23 and a 200-day easy shifting common of $25.47.

Privia Well being Group (NASDAQ:PRVA – Get Score) final issued its quarterly earnings outcomes on Thursday, Might twelfth. The corporate reported ($0.09) EPS for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.15. The enterprise had income of $313.80 million through the quarter, in comparison with the consensus estimate of $296.36 million. Privia Well being Group had a unfavourable web margin of 19.80% and a unfavourable return on fairness of 47.87%. On common, fairness analysts anticipate that Privia Well being Group, Inc. will publish -0.16 earnings per share for the present yr.

Analysts Set New Worth Targets

Plenty of brokerages have lately issued stories on PRVA. Financial institution of America started protection on shares of Privia Well being Group in a report on Tuesday, Might third. They issued a “purchase” score and a $27.00 value goal for the corporate. Truist Monetary raised their goal value on shares of Privia Well being Group from $36.00 to $40.00 and gave the corporate a “purchase” score in a report on Thursday, July 14th. Canaccord Genuity Group raised their goal value on shares of Privia Well being Group from $29.00 to $40.00 in a report on Wednesday, June twenty ninth. BTIG Analysis started protection on shares of Privia Well being Group in a report on Thursday, April twenty eighth. They set a “purchase” score and a $35.00 goal value for the corporate. Lastly, SVB Leerink raised their goal value on shares of Privia Well being Group from $43.00 to $44.00 and gave the corporate an “outperform” score in a report on Friday, March twenty fifth. Ten equities analysis analysts have rated the inventory with a purchase score, Primarily based on knowledge from MarketBeat.com, Privia Well being Group presently has a median score of “Purchase” and a median goal value of $38.30.

Privia Well being Group Firm Profile

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Privia Well being Group, Inc. operates as a nationwide physician-enablement firm in america. The corporate collaborates with medical teams, well being plans, and well being techniques to optimize doctor practices, improve affected person experiences, and reward docs for delivering care in-person and digital settings.

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Institutional Ownership by Quarter for Privia Health Group (NASDAQ:PRVA)

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