Performant Healthcare (PHLT)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	7.78 mm	7.78 mm	7.78 mm	7.78 mm	7.78 mm	7.78 mm
Cash burn (monthly)	(no burn)	607.33 k	789.67 k	453.75 k	(no burn)	(no burn)
Cash used (since last report)	n/a	1.71 mm	2.23 mm	1.28 mm	n/a	n/a
Cash remaining	n/a	6.06 mm	5.55 mm	6.50 mm	n/a	n/a
Runway (months of cash)	n/a	10.0	7.0	14.3	n/a	n/a

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Financial data from company earnings reports.

Institutional ownership, Q2 2024

PHLT institutional ownership history Ownership history

46.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	39	67	-41.8%
Opened positions	9	17	-47.1%
Closed positions	37	10	+270.0%
Increased positions	11	27	-59.3%
Reduced positions	10	11	-9.1%

13F shares	Current	Prev Q	Change
Total value	64.58 bn	131.78 bn	-51.0%
Total shares	35.68 mm	55.17 mm	-35.3%
Total puts	0.00	0.00
Total calls	2.30 k	0.00	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
First Light Asset Management	10.51 mm	$30.49 bn	NEW
Parthenon Investors Ii.	4.51 mm	$0.00	0.0%
Topline Capital Management	3.88 mm	$10.45 mm	NEW
Mill Road Capital Management	3.26 mm	$9.46 bn	0.0%
Mill Road Capital II	3.26 mm	$6.92 mm	0.0%
Mirador Capital Partners	2.05 mm	$5.95 bn	+2.8%
ECMC	1.67 mm	$0.00	0.0%
Parkman Healthcare Partners	1.62 mm	$4.71 bn	-2.2%
Cresset Asset Management	1.42 mm	$4.12 bn	NEW
STT State Street	1.10 mm	$3.18 bn	-1.4%

Largest transactions	Shares	Bought/sold	Change
Prescott Group Capital Management, L.L.C.	0.00	-15.79 mm	EXIT
First Light Asset Management	10.51 mm	+10.51 mm	NEW
BLK BlackRock	0.00	-4.41 mm	EXIT
Topline Capital Management	3.88 mm	+3.88 mm	NEW
Vanguard	0.00	-3.66 mm	EXIT
Punch & Associates Investment Management	0.00	-2.89 mm	EXIT
First Eagle Investment Management	0.00	-2.22 mm	EXIT
Geode Capital Management	0.00	-1.48 mm	EXIT
Cresset Asset Management	1.42 mm	+1.42 mm	NEW
Driehaus Capital Management	169.19 k	-1.24 mm	-88.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

PHLT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
10 Dec 24	Lisa Im	Common Stock, par value $0.0001 per share	Sell	Dispose S	No	No	3.2584	6,154	20.05 k	1,410,280
14 Aug 24	Simeon Kohl	Common Stock, par value $0.0001 per share	Payment of exercise	Dispose F	No	No	3.53	4,931	17.41 k	424,824
14 Aug 24	Simeon Kohl	Common Stock, par value $0.0001 per share	Option exercise	Acquire M	No	No	0	20,250	0.00	429,755
14 Aug 24	Simeon Kohl	RSU Common Stock	Option exercise	Dispose M	No	No	0	20,250	0.00	20,250
14 Aug 24	Rohit Ramchandani	Common Stock, par value $0.0001 per share	Payment of exercise	Dispose F	No	No	3.53	5,540	19.56 k	211,276
14 Aug 24	Rohit Ramchandani	Common Stock, par value $0.0001 per share	Option exercise	Acquire M	No	No	0	15,525	0.00	216,816
14 Aug 24	Rohit Ramchandani	RSU Common Stock	Option exercise	Dispose M	No	No	0	15,525	0.00	15,525
13 Aug 24	Simeon Kohl	Common Stock, par value $0.0001 per share	Payment of exercise	Dispose F	No	No	3.65	10,115	36.92 k	409,505
13 Aug 24	Simeon Kohl	Common Stock, par value $0.0001 per share	Option exercise	Acquire M	No	No	0	41,538	0.00	419,620
13 Aug 24	Simeon Kohl	RSU Common Stock	Option exercise	Dispose M	No	No	0	41,538	0.00	83,076