Anteris Technologies Global Corp. (NASDAQ:AVR) Shares Sold by Altium Capital Management LLC

Key Points

• Altium Capital Management LLC significantly reduced its stake in Anteris Technologies Global Corp. by 77.1%, holding only 168,589 shares after selling 568,411 shares in the first quarter.
• Despite the reduction, Anteris Technologies Global remains a 1.5% share of Altium's portfolio and is ranked as its 13th largest position.
• Anteris Technologies Global reported a loss of ($0.58) EPS for the last quarter, missing analyst expectations, but had a revenue of $0.62 million, surpassing predictions.

Altium Capital Management LLC cut its stake in Anteris Technologies Global Corp. (NASDAQ:AVR - Free Report) by 77.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 168,589 shares of the company's stock after selling 568,411 shares during the period. Anteris Technologies Global accounts for 1.5% of Altium Capital Management LLC's portfolio, making the stock its 13th largest position. Altium Capital Management LLC owned approximately 0.47% of Anteris Technologies Global worth $614,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the stock. Affinity Asset Advisors LLC acquired a new position in Anteris Technologies Global during the 4th quarter worth $1,674,000. Symmetry Investments LP acquired a new position in Anteris Technologies Global during the 4th quarter worth $680,000. HBK Investments L P acquired a new position in Anteris Technologies Global during the 4th quarter worth $474,000. Boothbay Fund Management LLC acquired a new position in Anteris Technologies Global during the 4th quarter worth $176,000. Finally, Nantahala Capital Management LLC acquired a new position in Anteris Technologies Global during the 4th quarter worth $9,300,000.

Anteris Technologies Global Trading Down 3.4%

Shares of NASDAQ AVR traded down $0.14 during midday trading on Thursday, hitting $3.92. The company's stock had a trading volume of 71,428 shares, compared to its average volume of 122,516. Anteris Technologies Global Corp. has a 1-year low of $2.34 and a 1-year high of $8.79. The firm's fifty day moving average price is $3.72 and its 200-day moving average price is $4.70.

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