Pearl Holdings Acquisition Corp (NASDAQ:PRLH) Shares Bought by Cowen AND Company LLC

Cowen AND Company LLC raised its holdings in Pearl Holdings Acquisition Corp (NASDAQ:PRLHFree Report) by 5.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,113,091 shares of the company’s stock after purchasing an additional 56,918 shares during the quarter. Cowen AND Company LLC’s holdings in Pearl Holdings Acquisition were worth $11,932,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PRLH. Citigroup Inc. purchased a new stake in Pearl Holdings Acquisition in the first quarter valued at $987,000. Spring Creek Capital LLC purchased a new stake in shares of Pearl Holdings Acquisition in the 1st quarter valued at $2,665,000. Basso Capital Management L.P. purchased a new stake in shares of Pearl Holdings Acquisition in the 1st quarter valued at $372,000. Starboard Value LP purchased a new stake in shares of Pearl Holdings Acquisition in the 1st quarter valued at $4,356,000. Finally, Berkley W R Corp purchased a new stake in shares of Pearl Holdings Acquisition in the 1st quarter valued at $977,000. Hedge funds and other institutional investors own 71.95% of the company’s stock.

Pearl Holdings Acquisition Stock Performance

Shares of PRLH stock remained flat at $10.75 on Monday. The company had a trading volume of 100 shares, compared to its average volume of 20,807. Pearl Holdings Acquisition Corp has a 52-week low of $10.32 and a 52-week high of $11.00. The firm has a 50-day moving average of $10.72 and a 200 day moving average of $10.71.

Pearl Holdings Acquisition Profile

(Free Report)

Pearl Holdings Acquisition Corp does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search for a target business operating in the lifestyle, health and wellness, and technology sectors.

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Institutional Ownership by Quarter for Pearl Holdings Acquisition (NASDAQ:PRLH)

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