Northern Trust Corp acquired a new stake in Polestar Automotive Holding UK PLC (NASDAQ:PSNY - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 521,761 shares of the company's stock, valued at approximately $548,000.
Other hedge funds have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of Polestar Automotive Holding UK during the fourth quarter valued at approximately $33,000. Bank of New York Mellon Corp bought a new position in Polestar Automotive Holding UK in the fourth quarter worth approximately $37,000. Alliancebernstein L.P. purchased a new position in Polestar Automotive Holding UK during the 4th quarter worth $42,000. Tobam bought a new stake in Polestar Automotive Holding UK during the 4th quarter valued at $65,000. Finally, Performa Ltd US LLC raised its position in 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 valued at $87,000 after purchasing an additional 15,752 shares in the last quarter. 1.02% of the stock is currently owned by institutional investors.
Polestar Automotive Holding UK Trading Down 1.0%
Shares of PSNY traded down $0.01 during midday trading on Wednesday, reaching $1.03. 3,440,746 shares of the stock were exchanged, compared to its average volume of 7,157,106. The company has a market capitalization of $2.20 billion, a P/E ratio of -1.81 and a beta of 1.43. Polestar Automotive Holding UK PLC has a 52 week low of $0.61 and a 52 week high of $1.94. The company's 50 day moving average is $1.05 and its two-hundred day moving average is $1.08.
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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