41,721 Shares in PACS Group, Inc. $PACS Bought by Dynamic Technology Lab Private Ltd

Key Points

• Dynamic Technology Lab Private Ltd has acquired 41,721 shares of PACS Group, Inc., bringing the total value of their investment to approximately $469,000.
• Several institutional investors, including Price T Rowe Associates and Deutsche Bank AG, have recently increased their stakes in PACS Group, indicating growing interest in the company.
• PACS Group's stock opened at $7.70 and has shown significant price fluctuations, with a one-year low of $7.50 and a high of $43.92.

Dynamic Technology Lab Private Ltd bought a new position in shares of PACS Group, Inc. (NYSE:PACS - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 41,721 shares of the company's stock, valued at approximately $469,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Millennium Management LLC increased its stake in PACS Group by 68.3% during the first quarter. Millennium Management LLC now owns 859,295 shares of the company's stock worth $9,658,000 after purchasing an additional 348,743 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in PACS Group by 6.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,280 shares of the company's stock worth $262,000 after buying an additional 1,443 shares during the period. Jacobs Levy Equity Management Inc. lifted its holdings in PACS Group by 27.2% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 205,948 shares of the company's stock worth $2,315,000 after buying an additional 44,047 shares in the last quarter. PDT Partners LLC lifted its holdings in PACS Group by 25.4% during the 1st quarter. PDT Partners LLC now owns 157,711 shares of the company's stock worth $1,773,000 after buying an additional 31,982 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in PACS Group in the 1st quarter valued at approximately $198,000.

PACS Group Stock Up 1.9%

Shares of PACS Group stock traded up $0.18 during trading hours on Friday, reaching $9.78. 3,092,272 shares of the company were exchanged, compared to its average volume of 1,016,468. PACS Group, Inc. has a 1 year low of $7.50 and a 1 year high of $43.92. The stock's fifty day moving average is $11.47 and its 200 day moving average is $11.12.

PACS Group Profile

PACS Group, Inc, through its subsidiaries, operates skilled nursing facilities and assisted living facilities in the United States. The company also provides senior care and independent facilities. It engages in the acquisition, ownership, and leasing of health care-related properties. The company was founded in 2013 and is based in Farmington, Utah.