XTX Topco Ltd Has $358,000 Stock Holdings in Azenta, Inc. (NASDAQ:AZTA)

XTX Topco Ltd reduced its stake in Azenta, Inc. (NASDAQ:AZTA - Free Report) by 71.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,161 shares of the company's stock after selling 17,587 shares during the quarter. XTX Topco Ltd's holdings in Azenta were worth $358,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in AZTA. Virtu Financial LLC acquired a new stake in shares of Azenta during the third quarter worth about $352,000. Nordea Investment Management AB increased its stake in shares of Azenta by 5.7% during the fourth quarter. Nordea Investment Management AB now owns 84,804 shares of the company's stock worth $4,326,000 after acquiring an additional 4,606 shares during the period. Oak Thistle LLC purchased a new stake in shares of Azenta during the 4th quarter worth $927,000. Assenagon Asset Management S.A. acquired a new stake in shares of Azenta in the 4th quarter worth approximately $200,000. Finally, Ballentine Partners LLC increased its holdings in Azenta by 2.0% during the 4th quarter. Ballentine Partners LLC now owns 20,340 shares of the company's stock valued at $1,017,000 after acquiring an additional 404 shares in the last quarter. Hedge funds and other institutional investors own 99.08% of the company's stock.

Azenta Trading Down 2.4 %

AZTA stock traded down $0.65 during trading hours on Tuesday, hitting $26.38. 77,133 shares of the stock were exchanged, compared to its average volume of 646,112. Azenta, Inc. has a 12 month low of $24.06 and a 12 month high of $63.58. The firm has a market capitalization of $1.21 billion, a P/E ratio of -8.82 and a beta of 1.66. The company has a 50-day simple moving average of $34.66 and a two-hundred day simple moving average of $43.11.

Azenta (NASDAQ:AZTA - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.03. Azenta had a negative net margin of 24.91% and a positive return on equity of 1.25%. On average, equities research analysts predict that Azenta, Inc. will post 0.53 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. TD Cowen upgraded Azenta to a "hold" rating in a research note on Thursday, February 27th. Stephens reaffirmed an "overweight" rating and issued a $60.00 price target on shares of Azenta in a research note on Thursday, January 2nd. Needham & Company LLC raised their target price on shares of Azenta from $55.00 to $59.00 and gave the stock a "buy" rating in a report on Thursday, February 6th. Finally, Evercore ISI increased their price objective on Azenta from $50.00 to $52.00 and gave the stock an "in-line" rating in a report on Thursday, February 6th.

Azenta Company Profile

Azenta, Inc provides biological and chemical compound sample exploration and management solutions for the life sciences market in North America, Africa, China, the United Kingdom, rest of Europe, the Asia Pacific, and internationally. The company operates in two reportable segments, Life Sciences Products and Life Sciences Services.