Affinity Asset Advisors LLC Increases Stock Holdings in Anteris Technologies Global Corp. $AVR

Key Points

• Affinity Asset Advisors LLC increased its stake in Anteris Technologies Global Corp. by 30%, owning 390,000 shares valued at $1.42 million as of the end of the first quarter.
• Anteris Technologies reported a quarterly loss of ($0.58) earnings per share, missing estimates, despite having revenue of $0.62 million that slightly surpassed expectations.
• The stock of Anteris Technologies has seen a significant decline, trading down 10.8% recently, with a 52-week range of $2.34 to $8.79.

Affinity Asset Advisors LLC raised its holdings in shares of Anteris Technologies Global Corp. (NASDAQ:AVR - Free Report) by 30.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 390,000 shares of the company's stock after acquiring an additional 90,000 shares during the period. Affinity Asset Advisors LLC owned approximately 1.08% of Anteris Technologies Global worth $1,420,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in AVR. Nantahala Capital Management LLC acquired a new position in shares of Anteris Technologies Global in the 4th quarter valued at $9,300,000. Regal Partners Ltd acquired a new position in Anteris Technologies Global during the fourth quarter worth $7,220,000. Ensign Peak Advisors Inc purchased a new stake in shares of Anteris Technologies Global during the fourth quarter worth $5,801,000. Alyeska Investment Group L.P. purchased a new stake in shares of Anteris Technologies Global during the fourth quarter worth $3,069,000. Finally, Millennium Management LLC purchased a new stake in shares of Anteris Technologies Global during the fourth quarter worth $1,748,000.

Anteris Technologies Global Price Performance

Shares of Anteris Technologies Global stock traded up $0.42 during trading hours on Friday, reaching $4.02. 178,936 shares of the company's stock were exchanged, compared to its average volume of 87,178. Anteris Technologies Global Corp. has a 1 year low of $2.34 and a 1 year high of $8.79. The business has a fifty day moving average of $3.56 and a two-hundred day moving average of $4.49.

Anteris Technologies Global (NASDAQ:AVR - Get Free Report) last announced its quarterly earnings data on Monday, August 11th. The company reported ($0.58) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.53) by ($0.05). The company had revenue of $0.62 million for the quarter, compared to analysts' expectations of $0.58 million. On average, equities analysts anticipate that Anteris Technologies Global Corp. will post -2.66 EPS for the current fiscal year.

Anteris Technologies Global Company Profile

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.