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 on Friday, June 13th. The shares were sold at an average price of $4.93, for a total value of $91,205.00. Following the completion of the sale, the insider now owns 327,869 shares in the company, valued at $1,616,394.17. This represents a 5.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Aveanna Healthcare Trading Up 0.2%
NASDAQ:AVAH traded up $0.01 on Monday, hitting $4.92. 394,876 shares of the company's stock traded hands, compared to its average volume of 359,301. The company has a market cap of $959.86 million, a PE ratio of -14.47 and a beta of 2.03. The firm has a 50-day moving average price of $5.09 and a 200-day moving average price of $4.91. Aveanna Healthcare Holdings Inc. has a 1 year low of $2.32 and a 1 year high of $6.19.
Analysts Set New Price Targets
A number of research firms have commented on AVAH. UBS Group raised their target price on Aveanna Healthcare from $4.50 to $5.00 and gave the company a "sell" rating in a report on Friday, May 9th. Truist Financial decreased their price objective on shares of Aveanna Healthcare from $6.00 to $5.50 and set a "hold" rating for the company in a research note on Friday, April 11th.
Check Out Our Latest Report on Aveanna Healthcare
Institutional Trading of Aveanna Healthcare
Several hedge funds have recently modified their holdings of the company. Millennium Management LLC grew its position in shares of Aveanna Healthcare by 105.0% in the 4th quarter. Millennium Management LLC now owns 400,374 shares of the company's stock valued at $1,830,000 after purchasing an additional 205,023 shares during the period. Legal & General Group Plc boosted its position in shares of Aveanna Healthcare by 577.0% in the fourth quarter. Legal & General Group Plc now owns 36,409 shares of the company's stock valued at $166,000 after acquiring an additional 31,031 shares during the period. Rhumbline Advisers increased its stake in Aveanna Healthcare by 11.1% during the 4th quarter. Rhumbline Advisers now owns 72,663 shares of the company's stock worth $332,000 after acquiring an additional 7,257 shares during the period. Arizona State Retirement System bought a new position in Aveanna Healthcare in the 4th quarter valued at about $64,000. Finally, Deutsche Bank AG lifted its stake in Aveanna Healthcare by 32.1% during the fourth quarter. Deutsche Bank AG now owns 34,564 shares of the company's stock worth $158,000 after purchasing an additional 8,396 shares during the last quarter. Institutional investors and hedge funds own 87.96% of the company's stock.
Aveanna Healthcare Company Profile
(
Get Free Report)
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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