Major shareholder buys 254,600 shares at $PRM

Partnership Master Fund, LP WindAcre, a significant stakeholder in the $PRM company, recently made an insider purchase by acquiring 254,600 shares on June 27th, 2025, valued at approximately $3,559,308. This buying activity was disclosed in a recent SEC filing and facilitated an increase in their ownership by approximately 1.2%, bringing their total holdings to 21,854,600 shares of this particular class of $PRM stock.

Analysing the insider trading history of $PRM, it reveals that insiders engaged in 8 transactions on the open market over the past six months. Among these trades, only one involved a purchase while the remaining 7 indicated sales. One of the notable insiders, Vivek Raj, conducted no purchases but executed 7 sales of 653,094 shares, generating an estimated $7,053,520. Furthermore, Partnership Master Fund, LP WindAcre, initiated the recent purchase involving 254,600 shares.

The hedge fund landscape surrounding $PRM showcased diminished interest from institutional investors, as there were no instances of adding shares to their portfolio. On the contrary, 181 institutional investors decreased their positions, emphasizing a shift in sentiment. Some significant movements included WindAcre Partnership LLC offloading 21,600,000 shares in Q4 2024, which amounted to $276,048,000, along with other prominent entities like BlackRock, Inc., Principal Financial Group Inc., Meritage Group LP, Matrix Capital Management Company, LP, JPMorgan Chase & Co, and Brown Brothers Harriman & Co decreasing their respective stakes significantly.

An assessment of Wall Street analyst ratings on $PRM revealed that one firm issued a buy rating, indicating bullish sentiment towards the stock. However, there were no sell ratings provided during the covered period. UBS notably issued a “Buy” rating on March 26th, 2025, illustrating a positive outlook on the stock.

In conclusion, the recent insider purchase by Partnership Master Fund, LP WindAcre, coupled with the intricate insider trading activities, hedge fund dynamics, and analyst sentiment, offer a comprehensive view of the market sentiment surrounding $PRM. However, it is essential to exercise due diligence and seek professional financial advice before making any investment decisions based on this information.