Matthew Buckhalter Sells 11,188 Shares of Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH) Stock

Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH - Get Free Report) CFO Matthew Buckhalter sold 11,188 shares of the stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $5.72, for a total transaction of $63,995.36. Following the completion of the transaction, the chief financial officer now directly owns 490,057 shares of the company's stock, valued at $2,803,126.04. This trade represents a 2.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Aveanna Healthcare Trading Down 1.9%

Aveanna Healthcare stock traded down $0.10 during trading hours on Friday, reaching $4.98. 131,408 shares of the stock were exchanged, compared to its average volume of 324,110. The stock has a 50 day moving average of $5.09 and a two-hundred day moving average of $4.92. The company has a market cap of $971.76 million, a P/E ratio of -14.63 and a beta of 2.03. Aveanna Healthcare Holdings Inc. has a twelve month low of $2.32 and a twelve month high of $6.19.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on AVAH shares. Truist Financial decreased their price objective on shares of Aveanna Healthcare from $6.00 to $5.50 and set a "hold" rating on the stock in a report on Friday, April 11th. UBS Group boosted their price objective on shares of Aveanna Healthcare from $4.50 to $5.00 and gave the company a "sell" rating in a research report on Friday, May 9th.

Institutional Investors Weigh In On Aveanna Healthcare

A number of institutional investors have recently added to or reduced their stakes in the business. Jacobs Levy Equity Management Inc. boosted its stake in Aveanna Healthcare by 50.1% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 533,196 shares of the company's stock worth $2,437,000 after acquiring an additional 177,856 shares in the last quarter. Northern Trust Corp grew its stake in shares of Aveanna Healthcare by 11.3% during the 4th quarter. Northern Trust Corp now owns 478,907 shares of the company's stock worth $2,189,000 after acquiring an additional 48,572 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Aveanna Healthcare by 0.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 466,706 shares of the company's stock valued at $2,133,000 after purchasing an additional 4,047 shares in the last quarter. First Eagle Investment Management LLC bought a new stake in Aveanna Healthcare during the fourth quarter valued at $1,992,000. Finally, Millennium Management LLC increased its holdings in shares of Aveanna Healthcare by 105.0% in the 4th quarter. Millennium Management LLC now owns 400,374 shares of the company's stock worth $1,830,000 after buying an additional 205,023 shares during the last quarter. 87.96% of the stock is owned by institutional investors.

Aveanna Healthcare Company Profile

Aveanna Healthcare Holdings Inc, a diversified home care platform company, provides pediatric and adult healthcare services in the United States. Its patient-centered care delivery platform allows patients to remain in their homes and minimizes the overutilization of high-cost care settings, such as hospitals or skilled nursing facilities.