Vanguard Portfolio Management (PCRX) reports 2.59M shares, 6.38% stake
Rhea-AI Filing Summary
Pacira BioSciences reported that Vanguard Portfolio Management beneficially owned 2,585,964 shares of common stock, representing 6.38% of the class as of 03/31/2026. The filing discloses sole voting power of 84,678 shares and sole dispositive power over 2,585,964 shares. The Schedule 13G states these holdings reflect securities managed by Vanguard Portfolio Management LLC and affiliated investment divisions and was signed on 05/01/2026.
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Insights
Vanguard holds a passive >5% stake in Pacira, typical for index/managed funds.
Vanguard Portfolio Management reports beneficial ownership of 2,585,964 shares (6.38%) as of 03/31/2026. The filing identifies sole dispositive power for Vanguard Portfolio Management LLC and voting power limited to 84,678 shares, consistent with discretionary management across funds.
The disclosure is a routine Schedule 13G presentation of passive ownership. Subsequent filings may show changes in position size or voting power; timing and motives for trades are not specified in the excerpt.