PERION NETWORK LTD PERI
SHS NEW · Common Stock · CUSIP M78673114
Israel-based technology company
- SectorTechnology
- IndustryServices-Computer Programming Services
- HeadquartersTel Aviv, Israel
- Founded1999
- Websiteperion.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($150.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.43. Options: 8 managers hold calls ($6.2m notional), 12 hold puts ($8.5m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 125 |
| Q4 2022 | 157 |
| Q1 2023 | 201 |
| Q2 2023 | 204 |
| Q3 2023 | 189 |
| Q4 2023 | 184 |
| Q1 2024 | 158 |
| Q2 2024 | 138 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 93 | 44 |
| Q1 2023 | 115 | 74 |
| Q2 2023 | 117 | 97 |
| Q3 2023 | 84 | 119 |
| Q4 2023 | 83 | 92 |
| Q1 2024 | 78 | 102 |
| Q2 2024 | 80 | 87 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $36.9m | $46.0m | 1.25 |
| Q4 2023 | $41.6m | $21.5m | 0.52 |
| Q1 2024 | $27.7m | $35.3m | 1.27 |
| Q2 2024 | $6.2m | $8.5m | 1.37 |
Biggest buyers
| Alyeska Investment Group, L.P. | New | +1.1m |
| Phoenix Financial Ltd. | Added | +793.4k |
| Walleye Capital LLC | Added | +699.2k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +522.4k |
| MORGAN STANLEY | Added | +472.8k |
| JPMORGAN CHASE & CO | Added | +454.7k |
| Invenomic Capital Management LP | New | +410.2k |
| Private Capital Management, LLC | Added | +282.1k |
| GOLDMAN SACHS GROUP INC | Added | +236.6k |
| SPHERA FUNDS MANAGEMENT LTD. | New | +234.6k |
Biggest sellers
| Clal Insurance Enterprises Holdings Ltd | Reduced | -2.2m |
| Migdal Insurance & Financial Holdings Ltd. | Reduced | -1.5m |
| VICTORY CAPITAL MANAGEMENT INC | Sold out | -858.2k |
| MENORA MIVTACHIM HOLDINGS LTD. | Reduced | -707.3k |
| Harel Insurance Investments & Financial Services Ltd. | Reduced | -432.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -360.7k |
| CITADEL ADVISORS LLC | Reduced | -293.6k |
| RENAISSANCE GROUP LLC | Sold out | -259.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -206.1k |
| 1492 Capital Management LLC | Sold out | -187.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.1m375.6k shares |
| CITADEL ADVISORS LLC | Reduced | $981.1k117.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $697.2k83.5k shares |
| PEAK6 Investments LLC | Reduced | $518.5k62.1k shares |
| GTS SECURITIES LLC | Added | $348.2k41.7k shares |
| Walleye Capital LLC | Added | $183.7k22.0k shares |
| Private Capital Management, LLC | New | $167.0k20.0k shares |
| Cubist Systematic Strategies, LLC | New | $157.0k18.8k shares |
Biggest puts
| GROUP ONE TRADING LLC | Added | $2.3m279.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.0m235.8k shares |
| JANE STREET GROUP, LLC | Reduced | $1.1m134.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $981.0k117.5k shares |
| CITADEL ADVISORS LLC | Reduced | $768.2k92.0k shares |
| PEAK6 Investments LLC | Reduced | $439.2k52.6k shares |
| Cubist Systematic Strategies, LLC | New | $289.7k34.7k shares |
| Private Capital Management, LLC | Reduced | $233.8k28.0k shares |
| NOMURA HOLDINGS INC | New | $162.8k19.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $133.6k16.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Private Capital Management, LLC 13G · institution filed 2026-02-06 | 10.4% |
| Harel Insurance Investments & Financial Services Ltd. 13G · passive investor filed 2025-08-05 | 8.8% |
Fell to 5% or below in the last year: Phoenix Financial Ltd. (4.8%, 2026-01-06), Migdal Insurance & Financial Holdings Ltd. (4.5%, 2025-11-13)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| Harel Insurance Investments & Financial Services Ltd. 0.55% of their portfolio | 3.5m $29.3m | Reduced -432.9k |
| Phoenix Financial Ltd. 0.28% of their portfolio | 2.2m $18.1m | Added +793.4k |
| Private Capital Management, LLC 1.78% of their portfolio | 1.8m $15.0m | Added +282.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.04% of their portfolio | 1.7m $14.4m | Added +522.4k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.5m $12.6m | Added +21.5k |
| MENORA MIVTACHIM HOLDINGS LTD. 0.08% of their portfolio | 1.4m $11.8m | Reduced -707.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 1.3m $11.1m | Added +55.7k |
| MORGAN STANLEY 0.00% of their portfolio | 1.2m $9.9m | Added +472.8k |
| Migdal Insurance & Financial Holdings Ltd. 0.15% of their portfolio | 1.1m $9.2m | Reduced -1.5m |
| Alyeska Investment Group, L.P. 0.05% of their portfolio | 1.1m $9.1m | New |
| MEITAV INVESTMENT HOUSE LTD 0.18% of their portfolio | 962.2k $10.0m | Reduced -181.1k |
| Walleye Capital LLC 0.07% of their portfolio | 785.1k $6.6m | Added +699.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 542.8k $4.5m | Added +454.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 482.3k $4.0m | Added +236.6k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.12% of their portfolio | 467.5k $3.9m | Reduced -129.1k |
| Invenomic Capital Management LP 0.18% of their portfolio | 410.2k $3.4m | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 295.1k $2.5m | Reduced -206.1k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 267.7k $2.2m | Added +219.7k |
| Y.D. More Investments Ltd 0.22% of their portfolio | 264.4k $2.2m | Added +225.5k |
| LPL Financial LLC 0.00% of their portfolio | 238.3k $2.0m | Added +213.9k |
| SPHERA FUNDS MANAGEMENT LTD. 0.32% of their portfolio | 234.6k $2.0m | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 233.8k $2.0m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 210.8k $1.8m | Reduced -114.5k |
| ARK Investment Management LLC 0.01% of their portfolio | 192.0k $1.6m | Added +117.3k |
| Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 0.14% of their portfolio | 186.8k $1.6m | Unchanged |
| Engineers Gate Manager LP 0.03% of their portfolio | 152.4k $1.3m | Added +108.5k |
| Prescott Group Capital Management, L.L.C. 0.20% of their portfolio | 150.0k $1.3m | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 133.8k $1.1m | Added +121.6k |
| Kerrisdale Advisers, LLC 0.31% of their portfolio | 118.5k $989.7k | New |
| Graham Capital Management, L.P. 0.03% of their portfolio | 113.6k $948.7k | New |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 112.8k $941.9k | Added +84.2k |
| PDT Partners, LLC 0.09% of their portfolio | 110.4k $921.9k | New |
| SEIZERT CAPITAL PARTNERS, LLC 0.04% of their portfolio | 95.6k $797.9k | Reduced -1.6k |
| Man Group plc 0.00% of their portfolio | 94.5k $789.3k | Added +9.3k |
| STATE STREET CORP 0.00% of their portfolio | 94.2k $786.8k | Added +37.3k |
| Swiss National Bank 0.00% of their portfolio | 93.1k $784.4k | Unchanged |
| SCOTIA CAPITAL INC. 0.00% of their portfolio | 89.6k $747.9k | Added +6.4k |
| GROUP ONE TRADING LLC 0.02% of their portfolio | 86.8k $725.1k | Added +32.1k |
| Altshuler Shaham Ltd 0.02% of their portfolio | 84.0k $696.1k | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 82.2k $686.2k | Reduced -26.9k |
| SIMPLEX TRADING, LLC 0.02% of their portfolio | 81.9k $683.0k | Reduced -2.1k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 81.3k $679.2k | Added +55.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 80.9k $675.5k | Unchanged |
| KENNEDY CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 79.8k $666.5k | Added +26.8k |
| Jump Financial, LLC 0.01% of their portfolio | 75.4k $629.8k | Added +33.1k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 66.8k $557.4k | Added +5.8k |
| Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 0.15% of their portfolio | 65.9k $550.0k | Unchanged |
| NORGES BANK 0.00% of their portfolio | 60.6k $510.2k | Not comparable |
| SEI INVESTMENTS CO 0.00% of their portfolio | 59.3k $495.5k | Added +5.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 56.4k $471.0k | Reduced -16.9k |
| PERKINS CAPITAL MANAGEMENT INC 0.44% of their portfolio | 56.3k $470.0k | Reduced -1.8k |
| EQUITABLE TRUST CO 0.03% of their portfolio | 55.2k $461.2k | Added +18.8k |
| Quadrature Capital Ltd 0.01% of their portfolio | 54.5k $455.4k | New |
| Quinn Opportunity Partners LLC 0.05% of their portfolio | 49.5k $413.3k | New |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 49.5k $413.2k | Added +972 |
| CastleKnight Management LP 0.06% of their portfolio | 49.4k $412.5k | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 48.8k $407.2k | New |
| Tidal Investments LLC 0.01% of their portfolio | 48.1k $401.7k | Added +10.3k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio | 47.3k $395.2k | Unchanged |
| Nebula Research & Development LLC 0.06% of their portfolio | 47.1k $393.6k | Added +22.3k |
| State of New Jersey Common Pension Fund D 0.00% of their portfolio | 46.0k $384.3k | Added +12.9k |
| FOX RUN MANAGEMENT, L.L.C. 0.07% of their portfolio | 44.0k $367.7k | Added +3.5k |
| Centiva Capital, LP 0.02% of their portfolio | 43.2k $360.7k | Added +24.3k |
| Legal & General Group Plc 0.00% of their portfolio | 42.4k $350.5k | Added +41.6k |
| Yelin Lapidot Holdings Management Ltd. 0.06% of their portfolio | 42.1k $351.4k | Reduced -96.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 41.0k $342.4k | Added +9.7k |
| Vident Advisory, LLC 0.01% of their portfolio | 39.4k $328.7k | Reduced -1.1k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 38.7k $325.9k | Reduced -118.0k |
| Orion Porfolio Solutions, LLC 0.00% of their portfolio | 35.4k $296.0k | Added +19.9k |
| Orion Portfolio Solutions, LLC 0.00% of their portfolio | 35.4k $296.0k | Added +19.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 34.6k $288.5k | Unchanged |
| GHP Investment Advisors, Inc. 0.01% of their portfolio | 34.3k $286.8k | Unchanged |
| Advisory Services Network, LLC 0.01% of their portfolio | 31.5k $263.0k | Added +13.1k |
| Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio | 31.5k $262.7k | New |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 31.2k $260.5k | Reduced -27.2k |
| Cetera Investment Advisers 0.00% of their portfolio | 29.6k $247.2k | Added +2.5k |
| BARCLAYS PLC 0.00% of their portfolio | 28.7k $239.8k | Reduced -7.8k |
| PEAK6 Investments LLC 0.01% of their portfolio | 27.1k $225.9k | Reduced -58.7k |
| SG Americas Securities, LLC 0.00% of their portfolio | 27.0k $225.0k | New |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 26.5k $221.6k | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 26.1k $217.9k | New |
| Petrus Trust Company, LTA 0.02% of their portfolio | 21.7k $180.9k | Added +10.7k |
| Virtu Financial LLC 0.01% of their portfolio | 21.5k $180.0k | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 20.8k $173.4k | Added +8.6k |
| ExodusPoint Capital Management, LP 0.00% of their portfolio | 20.6k $172.0k | Reduced -31.5k |
| Numerai GP LLC 0.06% of their portfolio | 20.5k $170.8k | New |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 19.7k $164.6k | Reduced -1.5k |
| INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio | 19.2k $160.5k | Added +275 |
| Riverwater Partners LLC 0.12% of their portfolio | 18.8k $156.6k | New |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 18.6k $156.5k | New |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.03% of their portfolio | 17.6k $146.7k | New |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 16.9k $141.0k | Added +1.9k |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 16.5k $138.0k | Added +1.5k |
| FMR LLC 0.00% of their portfolio | 16.2k $135.6k | Added +12.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 15.6k $130.0k | Reduced -5.8k |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 15.3k $129.4k | Reduced -507 |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 15.2k $128.3k | Added +2.3k |
| GSA CAPITAL PARTNERS LLP 0.01% of their portfolio | 14.3k $119.0k | Reduced -22.2k |
| Simplicity Wealth,LLC 0.00% of their portfolio | 13.9k $116.4k | Added +119 |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 13.9k $115.9k | New |