FNY Investment Advisers LLC Grows Stake in Perceptive Capital Solutions Corp. $PCSC

FNY Investment Advisers LLC grew its stake in shares of Perceptive Capital Solutions Corp. (NASDAQ:PCSC) by 145.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 160,465 shares of the company’s stock after purchasing an additional 95,095 shares during the quarter. FNY Investment Advisers LLC owned 1.80% of Perceptive Capital Solutions worth $1,745,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of PCSC. Geode Capital Management LLC acquired a new stake in shares of Perceptive Capital Solutions in the fourth quarter valued at about $138,000. Readystate Asset Management LP acquired a new position in Perceptive Capital Solutions during the 4th quarter worth approximately $143,000. Rangeley Capital LLC purchased a new position in Perceptive Capital Solutions in the 2nd quarter worth approximately $212,000. Periscope Capital Inc. purchased a new position in Perceptive Capital Solutions in the 4th quarter worth approximately $261,000. Finally, Moore Capital Management LP purchased a new position in Perceptive Capital Solutions in the 4th quarter worth approximately $326,000.

Perceptive Capital Solutions Price Performance

Shares of PCSC stock opened at $11.95 on Friday. The company’s fifty day moving average price is $11.40 and its two-hundred day moving average price is $11.79. The firm has a market capitalization of $97.48 million, a P/E ratio of -199.13 and a beta of 0.36. Perceptive Capital Solutions Corp. has a 12 month low of $9.95 and a 12 month high of $14.47.

Perceptive Capital Solutions (NASDAQ:PCSC) last announced its earnings results on Wednesday, July 15th. The company reported ($0.01) earnings per share for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of Perceptive Capital Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Perceptive Capital Solutions currently has a consensus rating of “Sell”.

Perceptive Capital Solutions 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.