Northern Trust Corp bought a new position in Polestar Automotive Holding UK PLC (NASDAQ:PSNY - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 521,761 shares of the company's stock, valued at approximately $548,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PSNY. Raymond James Financial Inc. acquired a new position in Polestar Automotive Holding UK in the 4th quarter worth $33,000. Bank of New York Mellon Corp acquired a new position in shares of Polestar Automotive Holding UK during the 4th quarter worth about $37,000. Alliancebernstein L.P. acquired a new position in shares of Polestar Automotive Holding UK during the 4th quarter worth about $42,000. Tobam acquired a new position in shares of Polestar Automotive Holding UK during the 4th quarter worth about $65,000. Finally, Performa Ltd US LLC boosted its stake in shares of Polestar Automotive Holding UK by 23.6% during the 4th quarter. Performa Ltd US LLC now owns 82,520 shares of the company's stock worth $87,000 after buying an additional 15,752 shares during the last quarter. 1.02% of the stock is owned by institutional investors and hedge funds.
Polestar Automotive Holding UK Trading Down 1.8%
Shares of Polestar Automotive Holding UK stock traded down $0.02 during trading hours on Monday, reaching $1.08. 2,496,382 shares of the company's stock were exchanged, compared to its average volume of 7,217,859. The company has a 50 day moving average of $1.06 and a two-hundred day moving average of $1.08. Polestar Automotive Holding UK PLC has a fifty-two week low of $0.61 and a fifty-two week high of $1.94. The stock has a market cap of $2.31 billion, a P/E ratio of -1.89 and a beta of 1.43.
Polestar Automotive Holding UK 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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