Raymond James & Associates acquired a new stake in shares of Paramount Global (NASDAQ:PARAP – Get Rating) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 6,761 shares of the company's stock, valued at approximately $209,000.

Several other institutional investors also recently made changes to their positions in PARAP. Kempner Capital Management Inc. purchased a new stake in Paramount Global during the 3rd quarter worth $875,000. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Paramount Global in the third quarter worth about $786,000. McIlrath & Eck LLC acquired a new stake in shares of Paramount Global in the third quarter valued at about $31,000. Institute for Wealth Management LLC. acquired a new stake in shares of Paramount Global in the third quarter valued at about $850,000. Finally, Twelve Points Wealth Management LLC acquired a new stake in shares of Paramount Global in the third quarter valued at about $450,000.

Paramount Global Trading Down 1.6 %

PARAP stock opened at $33.79 on Tuesday. Paramount Global has a 1 year low of $24.12 and a 1 year high of $60.81. The stock has a 50-day simple moving average of $28.93 and a 200-day simple moving average of $32.26.

Paramount Global Profile

Paramount Global operates as a media and entertainment company worldwide. The company operates through TV Media, Direct-to-Consumer, and Filmed Entertainment segments. The TV Media segment operates domestic and international broadcast networks, including CBS Television Network, Network 10, Channel 5, Telefe, and Chilevisión; and cable networks comprising Showtime, BET, Nickelodeon, MTV, Comedy Central, Paramount Network, Smithsonian Channel, and CBS Sports Network.

Featured Articles

• Get a free copy of the StockNews.com research report on Paramount Global (PARAP)
• Energizer Holdings Inc; Losing Power Or Electrifying Time To Buy?
• Can Cummins Power To A New High?
• How to Find Penny Stocks to Invest and Trade
• ONSemi Is Marching Higher On Great Results
• What Tyson Foods Q1 Means For Staples Stocks

Receive News & Ratings for Paramount Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paramount Global and related companies with MarketBeat.com's FREE daily email newsletter.