Shares of Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $3.96, but opened at $4.26. Aveanna Healthcare shares last traded at $4.21, with a volume of 71,319 shares changing hands.
Analysts Set New Price Targets
AVAH has been the topic of a number of research analyst reports. UBS Group lifted their price target on shares of Aveanna Healthcare from $4.50 to $5.00 and gave the company a "sell" rating in a report on Friday, May 9th. Jefferies Financial Group upgraded shares of Aveanna Healthcare from a "hold" rating to a "buy" rating and decreased their price target for the company from $6.25 to $6.00 in a report on Monday. Wall Street Zen lowered shares of Aveanna Healthcare from a "strong-buy" rating to a "buy" rating in a report on Friday, June 27th. Barclays initiated coverage on shares of Aveanna Healthcare in a report on Wednesday, July 2nd. They issued an "equal weight" rating and a $5.50 price target on the stock. Finally, Truist Financial decreased their price target on shares of Aveanna Healthcare from $6.00 to $5.00 and set a "hold" rating on the stock in a report on Wednesday, July 16th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $5.25.
View Our Latest Research Report on Aveanna Healthcare
Aveanna Healthcare Trading Up 4.7%
The company has a market cap of $808.65 million, a PE ratio of 207.25 and a beta of 1.98. The business's 50-day simple moving average is $5.02 and its 200-day simple moving average is $4.84.
Insider Buying and Selling at Aveanna Healthcare
In other Aveanna Healthcare news, major shareholder J.H. Whitney Equity Partners V sold 1,560,700 shares of Aveanna Healthcare stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $5.36, for a total value of $8,365,352.00. Following the transaction, the insider directly owned 29,640,756 shares of the company's stock, valued at $158,874,452.16. The trade was a 5.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Deborah Stewart sold 15,457 shares of the firm's stock in a transaction on Tuesday, June 10th. The stock was sold at an average price of $5.56, for a total transaction of $85,940.92. Following the completion of the sale, the chief accounting officer owned 285,396 shares in the company, valued at $1,586,801.76. This represents a 5.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 7,115,345 shares of company stock worth $37,838,057 in the last ninety days. Company insiders own 7.00% of the company's stock.
Institutional Trading of Aveanna Healthcare
Several institutional investors have recently made changes to their positions in the business. Charles Schwab Investment Management Inc. boosted its position in 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 buying an additional 4,047 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Aveanna Healthcare in the fourth quarter valued at about $155,000. Swiss National Bank acquired a new position in Aveanna Healthcare in the fourth quarter valued at about $434,000. Intech Investment Management LLC boosted its position in Aveanna Healthcare by 42.0% in the fourth quarter. Intech Investment Management LLC now owns 18,813 shares of the company's stock valued at $86,000 after buying an additional 5,566 shares in the last quarter. Finally, Teacher Retirement System of Texas acquired a new position in Aveanna Healthcare in the fourth quarter valued at about $151,000. 87.96% of the stock is currently owned by institutional investors and hedge funds.
About Aveanna Healthcare
(
Get Free Report)
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.
Further Reading
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