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California State Teachers Retirement System Buys Shares of 386,606 Polestar Automotive Holding UK PLC (NASDAQ:PSNY)

Polestar Automotive Holding UK logo with Auto/Tires/Trucks background

California State Teachers Retirement System acquired a new position in Polestar Automotive Holding UK PLC (NASDAQ:PSNY - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 386,606 shares of the company's stock, valued at approximately $406,000.

Other hedge funds have also recently bought and sold shares of the company. Performa Ltd US LLC raised its stake in shares of Polestar Automotive Holding UK by 23.6% in the 4th quarter. Performa Ltd US LLC now owns 82,520 shares of the company's stock valued at $87,000 after acquiring an additional 15,752 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Polestar Automotive Holding UK during the 4th quarter worth approximately $33,000. Bank of New York Mellon Corp acquired a new stake in shares of Polestar Automotive Holding UK during the 4th quarter worth approximately $37,000. Alliancebernstein L.P. acquired a new stake in shares of Polestar Automotive Holding UK during the 4th quarter worth approximately $42,000. Finally, Tower Research Capital LLC TRC boosted its stake in Polestar Automotive Holding UK by 192.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 95,904 shares of the company's stock valued at $101,000 after buying an additional 63,123 shares in the last quarter. 1.02% of the stock is owned by hedge funds and other institutional investors.

Polestar Automotive Holding UK Trading Down 1.9%

PSNY stock traded down $0.02 during trading on Friday, hitting $1.03. The company had a trading volume of 2,088,018 shares, compared to its average volume of 7,084,872. The company has a market cap of $2.20 billion, a P/E ratio of -1.81 and a beta of 1.43. The company has a fifty day moving average price of $1.06 and a two-hundred day moving average price of $1.07. Polestar Automotive Holding UK PLC has a fifty-two week low of $0.61 and a fifty-two week high of $1.94.

About Polestar Automotive Holding UK

(Free Report)

Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.

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Institutional Ownership by Quarter for Polestar Automotive Holding UK (NASDAQ:PSNY)

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