Anteris Technologies Global Corp. (NASDAQ:AVR - Get Free Report) major shareholder L1 Capital Pty Ltd sold 48,711 shares of the stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $8.15, for a total value of $396,994.65. Following the transaction, the insider owned 6,584,603 shares in the company, valued at approximately $53,664,514.45. This trade represents a 0.73% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own at least 10% of a company's stock are required to disclose their sales and purchases with the SEC.
L1 Capital Pty Ltd also recently made the following trade(s):
- On Monday, August 3rd, L1 Capital Pty Ltd sold 475,693 shares of Anteris Technologies Global stock. The shares were sold at an average price of $8.10, for a total transaction of $3,853,113.30.
- On Wednesday, July 29th, L1 Capital Pty Ltd sold 155,505 shares of Anteris Technologies Global stock. The stock was sold at an average price of $8.04, for a total transaction of $1,250,260.20.
- On Thursday, July 30th, L1 Capital Pty Ltd sold 558,633 shares of Anteris Technologies Global stock. The stock was sold at an average price of $8.20, for a total transaction of $4,580,790.60.
- On Monday, July 27th, L1 Capital Pty Ltd sold 232,817 shares of Anteris Technologies Global stock. The shares were sold at an average price of $8.19, for a total transaction of $1,906,771.23.
- On Tuesday, July 28th, L1 Capital Pty Ltd sold 208,731 shares of Anteris Technologies Global stock. The shares were sold at an average price of $8.09, for a total transaction of $1,688,633.79.
- On Friday, July 24th, L1 Capital Pty Ltd sold 23,000 shares of Anteris Technologies Global stock. The stock was sold at an average price of $8.13, for a total transaction of $186,990.00.
Anteris Technologies Global Price Performance
Anteris Technologies Global stock opened at $8.28 on Wednesday. The firm has a market cap of $805.98 million, a price-to-earnings ratio of -3.71 and a beta of 1.78. Anteris Technologies Global Corp. has a fifty-two week low of $3.17 and a fifty-two week high of $11.06. The firm has a fifty day moving average price of $9.18 and a two-hundred day moving average price of $7.22.
Anteris Technologies Global (NASDAQ:AVR - Get Free Report) last released its quarterly earnings results on Tuesday, May 12th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.27) by ($0.01). The firm had revenue of $0.49 million for the quarter, compared to the consensus estimate of $0.77 million. Anteris Technologies Global had a negative net margin of 5,148.78% and a negative return on equity of 124.76%. During the same quarter last year, the company earned ($0.61) earnings per share. As a group, sell-side analysts expect that Anteris Technologies Global Corp. will post -1.14 earnings per share for the current year.
Analysts Set New Price Targets
Several brokerages recently weighed in on AVR. Wall Street Zen upgraded Anteris Technologies Global from a "sell" rating to a "hold" rating in a research note on Saturday, May 16th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Anteris Technologies Global in a report on Friday, May 29th. Finally, Barclays upped their price target on Anteris Technologies Global from $17.00 to $18.00 and gave the stock an "overweight" rating in a report on Friday, May 15th. Four investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $16.00.
Get Our Latest Report on AVR
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Russell Investments Group Ltd. raised its position in shares of Anteris Technologies Global by 76.9% during the third quarter. Russell Investments Group Ltd. now owns 6,536 shares of the company's stock valued at $29,000 after buying an additional 2,841 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Anteris Technologies Global during the first quarter worth about $32,000. BNP Paribas Financial Markets increased its stake in Anteris Technologies Global by 83.3% during the third quarter. BNP Paribas Financial Markets now owns 9,469 shares of the company's stock valued at $43,000 after acquiring an additional 4,302 shares during the period. Bank of America Corp DE increased its stake in Anteris Technologies Global by 35.7% during the third quarter. Bank of America Corp DE now owns 10,631 shares of the company's stock valued at $48,000 after acquiring an additional 2,798 shares during the period. Finally, Duncan Williams Asset Management LLC bought a new position in Anteris Technologies Global during the fourth quarter valued at about $54,000.
About Anteris Technologies Global
(
Get Free Report)
Anteris Technologies Global Corp. engages in the development and commercialization of medical devices for heart diseases. The company was founded in 1999 and is headquartered in Eagan, MN.
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