Insider Selling: Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH) Insider Sells 18,500 Shares of Stock

Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH - Get Free Report) insider Patrick A. Cunningham sold 18,500 shares of the business's stock in a transaction that occurred on Friday, June 13th. The shares were sold at an average price of $4.93, for a total transaction of $91,205.00. Following the completion of the transaction, the insider now owns 327,869 shares of the company's stock, valued at $1,616,394.17. The trade was a 5.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Aveanna Healthcare Trading Down 3.3%

NASDAQ AVAH traded down $0.17 on Friday, hitting $4.91. 437,916 shares of the company were exchanged, compared to its average volume of 326,171. The company has a market cap of $957.91 million, a PE ratio of -14.44 and a beta of 2.03. Aveanna Healthcare Holdings Inc. has a 12 month low of $2.32 and a 12 month high of $6.19. The stock has a fifty day moving average of $5.09 and a 200-day moving average of $4.92.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Truist Financial decreased their price target on shares of Aveanna Healthcare from $6.00 to $5.50 and set a "hold" rating on the stock in a report on Friday, April 11th. UBS Group boosted their target price on shares of Aveanna Healthcare from $4.50 to $5.00 and gave the stock a "sell" rating in a report on Friday, May 9th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of AVAH. Price T Rowe Associates Inc. MD raised its holdings in Aveanna Healthcare by 5.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 53,699 shares of the company's stock worth $246,000 after buying an additional 2,649 shares during the last quarter. Rhumbline Advisers boosted its position in shares of Aveanna Healthcare by 4.0% in the first quarter. Rhumbline Advisers now owns 75,581 shares of the company's stock valued at $410,000 after acquiring an additional 2,918 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Aveanna Healthcare by 0.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 466,706 shares of the company's stock valued at $2,133,000 after purchasing an additional 4,047 shares during the last quarter. MetLife Investment Management LLC lifted its position in Aveanna Healthcare by 16.2% during the first quarter. MetLife Investment Management LLC now owns 31,251 shares of the company's stock valued at $169,000 after purchasing an additional 4,349 shares during the last quarter. Finally, AQR Capital Management LLC lifted its position in Aveanna Healthcare by 21.2% during the first quarter. AQR Capital Management LLC now owns 26,280 shares of the company's stock valued at $142,000 after purchasing an additional 4,602 shares during the last quarter. 87.96% of the stock is owned by institutional investors.

Aveanna Healthcare Company Profile

Aveanna Healthcare Holdings Inc, a diversified home care platform company, provides pediatric and adult healthcare services in the United States. Its patient-centered care delivery platform allows patients to remain in their homes and minimizes the overutilization of high-cost care settings, such as hospitals or skilled nursing facilities.

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