Anteris Technologies Global Corp. (NASDAQ:AVR) Shares Sold by Regal Partners Ltd

Key Points

• Regal Partners Ltd has reduced its stake in Anteris Technologies Global Corp. by 30.7%, bringing its holdings down to 896,164 shares after selling 397,697 shares in the first quarter.
• In the fourth quarter, multiple hedge funds including Nantahala Capital Management LLC and Ensign Peak Advisors Inc made substantial new investments in Anteris Technologies, buying positions worth a combined total of over $19 million.
• As of the latest earnings report, Anteris Technologies posted a loss of ($0.58) EPS, falling short of estimates, and its stock trades near a one-year low of $2.34 compared to a high of $8.79.

Regal Partners Ltd lowered its holdings in shares of Anteris Technologies Global Corp. (NASDAQ:AVR - Free Report) by 30.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 896,164 shares of the company's stock after selling 397,697 shares during the period. Anteris Technologies Global accounts for 0.3% of Regal Partners Ltd's investment portfolio, making the stock its 27th largest holding. Regal Partners Ltd owned 2.49% of Anteris Technologies Global worth $3,262,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Anteris Technologies Global in the 4th quarter worth $33,000. Deutsche Bank AG acquired a new stake in shares of Anteris Technologies Global in the 1st quarter worth $59,000. Nuveen LLC purchased a new position in shares of Anteris Technologies Global in the 1st quarter valued at about $71,000. Persistent Asset Partners Ltd purchased a new position in shares of Anteris Technologies Global in the 1st quarter valued at about $85,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Anteris Technologies Global in the 1st quarter valued at about $91,000.

Anteris Technologies Global Stock Performance

Shares of AVR traded down $0.14 during trading hours on Thursday, reaching $3.92. The company had a trading volume of 71,428 shares, compared to its average volume of 122,516. The firm has a 50 day simple moving average of $3.72 and a 200-day simple moving average of $4.70. Anteris Technologies Global Corp. has a 12-month low of $2.34 and a 12-month high of $8.79.

Anteris Technologies Global (NASDAQ:AVR - Get Free Report) last announced its quarterly earnings results 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 firm had revenue of $0.62 million for the quarter, compared to analyst estimates of $0.58 million. Equities research analysts predict that Anteris Technologies Global Corp. will post -2.66 earnings per share for the current fiscal year.

Anteris Technologies Global 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.