Primavera Capital Acquisition (NYSE:PV) Hits New 12-Month High at $9.93

Primavera Capital Acquisition Co. (NYSE:PVGet Rating) shares hit a new 52-week high during trading on Friday . The stock traded as high as $9.93 and last traded at $9.93, with a volume of 100 shares changing hands. The stock had previously closed at $9.92.

Primavera Capital Acquisition Stock Performance

The firm has a fifty day moving average price of $9.88 and a 200 day moving average price of $9.84. The stock has a market cap of $533.74 million, a PE ratio of 28.37 and a beta of 0.02.

Hedge Funds Weigh In On Primavera Capital Acquisition

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PV. Saba Capital Management L.P. grew its position in shares of Primavera Capital Acquisition by 28.7% during the 1st quarter. Saba Capital Management L.P. now owns 1,561,862 shares of the company’s stock valued at $15,353,000 after acquiring an additional 348,503 shares during the period. PEAK6 Investments LLC boosted its holdings in Primavera Capital Acquisition by 51.0% in the 4th quarter. PEAK6 Investments LLC now owns 22,809 shares of the company’s stock worth $221,000 after buying an additional 7,708 shares during the last quarter. Hsbc Holdings PLC acquired a new stake in Primavera Capital Acquisition in the 1st quarter worth about $18,415,000. Nomura Holdings Inc. boosted its holdings in Primavera Capital Acquisition by 10.7% in the 1st quarter. Nomura Holdings Inc. now owns 377,118 shares of the company’s stock worth $3,711,000 after buying an additional 36,441 shares during the last quarter. Finally, Kohlberg Kravis Roberts & Co. L.P. boosted its holdings in Primavera Capital Acquisition by 473.5% in the 1st quarter. Kohlberg Kravis Roberts & Co. L.P. now owns 122,235 shares of the company’s stock worth $1,202,000 after buying an additional 100,922 shares during the last quarter. Hedge funds and other institutional investors own 49.98% of the company’s stock.

Primavera Capital Acquisition Company Profile

(Get Rating)

Primavera Capital Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses in consumer companies China. The company was incorporated in 2020 and is based in Central, Hong Kong.

Further Reading

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