Deutsche Bank AG acquired a new position in Polestar Automotive Holding UK PLC (NASDAQ:PSNY - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 648,766 shares of the company's stock, valued at approximately $681,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its holdings in Polestar Automotive Holding UK by 48.0% in the 4th quarter. Geode Capital Management LLC now owns 1,265,400 shares of the company's stock worth $1,329,000 after acquiring an additional 410,401 shares during the period. Swiss National Bank acquired a new stake in shares of Polestar Automotive Holding UK during the 4th quarter valued at about $855,000. Northern Trust Corp acquired a new stake in shares of Polestar Automotive Holding UK during the 4th quarter valued at about $548,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in Polestar Automotive Holding UK in the fourth quarter valued at about $504,000. Finally, Legal & General Group Plc boosted its position in Polestar Automotive Holding UK by 13,342.1% in the fourth quarter. Legal & General Group Plc now owns 442,648 shares of the company's stock valued at $465,000 after buying an additional 439,355 shares in the last quarter. Institutional investors and hedge funds own 1.02% of the company's stock.
Polestar Automotive Holding UK Stock Down 1.8%
NASDAQ:PSNY traded down $0.02 on Monday, reaching $1.08. The stock had a trading volume of 2,502,099 shares, compared to its average volume of 7,217,888. Polestar Automotive Holding UK PLC has a 1-year low of $0.61 and a 1-year high of $1.94. The stock has a fifty day moving average price of $1.05 and a 200-day moving average price of $1.08. The company has a market capitalization of $2.31 billion, a P/E ratio of -1.89 and a beta of 1.43.
Polestar Automotive Holding UK Company Profile
(
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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