Nantahala Capital Management LLC purchased a new position in Anteris Technologies Global Corp. (NASDAQ:AVR - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,383,335 shares of the company's stock, valued at approximately $33,325,850. Anteris Technologies Global makes up 0.0% of Nantahala Capital Management LLC's holdings, making the stock its 18th biggest position. Nantahala Capital Management LLC owned approximately 3.47% of Anteris Technologies Global as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Russell Investments Group Ltd. lifted its position in shares of Anteris Technologies Global by 76.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 6,536 shares of the company's stock valued at $29,000 after buying an additional 2,841 shares in the last quarter. Legal & General Group Plc purchased a new stake in Anteris Technologies Global in the 2nd quarter worth approximately $78,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Anteris Technologies Global in the 1st quarter worth approximately $32,000. BNP Paribas Financial Markets raised its stake in Anteris Technologies Global by 83.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 9,469 shares of the company's stock worth $43,000 after acquiring an additional 4,302 shares during the period. Finally, Bank of America Corp DE raised its stake in Anteris Technologies Global by 35.7% during the 3rd quarter. Bank of America Corp DE now owns 10,631 shares of the company's stock worth $48,000 after acquiring an additional 2,798 shares during the period.
Insider Buying and Selling at Anteris Technologies Global
In other news, major shareholder L1 Capital Pty Ltd sold 558,633 shares of the firm's stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $8.20, for a total transaction of $4,580,790.60. Following the completion of the transaction, the insider owned 6,633,314 shares in the company, valued at $54,393,174.80. This trade represents a 7.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders sold a total of 3,000,659 shares of company stock worth $25,174,702 in the last ninety days. Company insiders own 4.50% of the company's stock.
Wall Street Analyst Weigh In
AVR has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a "sell (d-)" rating on shares of Anteris Technologies Global in a research report on Wednesday. Cantor Fitzgerald restated an "overweight" rating and set a $15.00 price objective on shares of Anteris Technologies Global in a research report on Friday, August 14th. Barclays lifted their target price on shares of Anteris Technologies Global from $17.00 to $18.00 and gave the company an "overweight" rating in a research note on Friday, May 15th. Finally, Wall Street Zen raised shares of Anteris Technologies Global from a "sell" rating to a "hold" rating in a report on Saturday, May 16th. Four research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, Anteris Technologies Global currently has a consensus rating of "Moderate Buy" and a consensus price target of $16.00.
Check Out Our Latest Research Report on AVR
Anteris Technologies Global Stock Performance
Shares of NASDAQ:AVR opened at $8.74 on Friday. The firm has a market cap of $851.80 million, a price-to-earnings ratio of -4.48 and a beta of 1.78. The firm has a fifty day moving average price of $9.07 and a 200 day moving average price of $7.60. Anteris Technologies Global Corp. has a fifty-two week low of $3.30 and a fifty-two week high of $11.06.
Anteris Technologies Global (NASDAQ:AVR - Get Free Report) last announced its quarterly earnings results on Tuesday, August 11th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.21) by ($0.09). The company had revenue of $1.01 million during the quarter, compared to the consensus estimate of $1.50 million. Anteris Technologies Global had a negative net margin of 4,619.27% and a negative return on equity of 77.69%. During the same quarter in the prior year, the firm posted ($0.58) earnings per share. As a group, research analysts predict that Anteris Technologies Global Corp. will post -1.21 earnings per share for the current year.
About Anteris Technologies Global
(
Free Report)
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.
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