Capital Fund Management S.A. Has $4.27 Million Position in Azenta, Inc. (NASDAQ:AZTA)

Capital Fund Management S.A. grew its position in Azenta, Inc. (NASDAQ:AZTA - Free Report) by 96.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 85,448 shares of the company's stock after buying an additional 41,916 shares during the period. Capital Fund Management S.A. owned 0.19% of Azenta worth $4,272,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in AZTA. Quantinno Capital Management LP grew its stake in Azenta by 31.3% in the third quarter. Quantinno Capital Management LP now owns 8,526 shares of the company's stock valued at $413,000 after acquiring an additional 2,033 shares during the period. Stifel Financial Corp raised its holdings in shares of Azenta by 6.5% in the third quarter. Stifel Financial Corp now owns 59,241 shares of the company's stock valued at $2,870,000 after purchasing an additional 3,601 shares during the last quarter. State Street Corp lifted its position in shares of Azenta by 0.4% in the third quarter. State Street Corp now owns 1,686,993 shares of the company's stock worth $81,718,000 after purchasing an additional 6,398 shares in the last quarter. Virtu Financial LLC acquired a new position in Azenta during the third quarter worth $352,000. Finally, Nordea Investment Management AB grew its position in Azenta by 5.7% in the fourth quarter. Nordea Investment Management AB now owns 84,804 shares of the company's stock valued at $4,326,000 after purchasing an additional 4,606 shares in the last quarter. Institutional investors own 99.08% of the company's stock.

Azenta Stock Performance

Azenta stock traded down $0.25 during midday trading on Friday, reaching $25.25. 880,637 shares of the company's stock were exchanged, compared to its average volume of 638,591. The stock's 50-day simple moving average is $36.94 and its 200 day simple moving average is $43.99. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of -8.47 and a beta of 1.66. Azenta, Inc. has a 52 week low of $24.68 and a 52 week high of $63.58.

Azenta (NASDAQ:AZTA - Get Free Report) last issued its earnings results on Wednesday, February 5th. The company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.05 by $0.03. Azenta had a positive return on equity of 1.25% and a negative net margin of 24.91%. Research analysts forecast that Azenta, Inc. will post 0.53 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. TD Cowen upgraded shares of Azenta to a "hold" rating in a research note on Thursday, February 27th. Needham & Company LLC raised their price target on Azenta from $55.00 to $59.00 and gave the company a "buy" rating in a research note on Thursday, February 6th. Evercore ISI boosted their price target on Azenta from $50.00 to $52.00 and gave the stock an "in-line" rating in a research report on Thursday, February 6th. Finally, Stephens reissued an "overweight" rating and issued a $60.00 target price on shares of Azenta in a research note on Thursday, January 2nd.

About Azenta

Azenta, Inc provides biological and chemical compound sample exploration and management solutions for the life sciences market in North America, Africa, China, the United Kingdom, rest of Europe, the Asia Pacific, and internationally. The company operates in two reportable segments, Life Sciences Products and Life Sciences Services.