Point72 Asset Management established new holdings in Porch Group, Inc. By Investing.com

© Reuters. Point72 Asset Management established new holdings in Porch Group, Inc.

On the 14th of December, Point72 Asset Management purchased 1.1 million Porch Group, Inc. (PRCH) shares for $14 million at an average price of $12.27 per share.
Shares of Porch Group, Inc. are up 8.48% since the transaction.

Point72 Asset Management’s holding in Porch Group, Inc. established a new holding of about 1.1 million shares with the purchase.

Point72 Asset Management first bought Porch Group, Inc. stock in the third quarter of 2020.
Point72 Asset Management also owns Open Lending Corporation (LPRO), BlackStone Group LP (BX), Cboe Global Markets, Inc. (NYSE:) and Virtus Investment Partners, Inc (NASDAQ:).
Porch Group, Inc. is its number four position by number of shares and market value among corporate finance stocks.

Other investors who also introduced PRCH shares to their portfolio include William Blair Investment Management.
Contrary to Point72 Asset Management, Millennium Management reduced PRCH shares.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*