L1 Capital Pty Ltd Sells 7,800 Shares of Anteris Technologies Global (NASDAQ:AVR) Stock

Anteris Technologies Global Corp. (NASDAQ:AVRGet Free Report) major shareholder L1 Capital Pty Ltd sold 7,800 shares of the business’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $8.83, for a total transaction of $68,874.00. Following the completion of the sale, the insider directly owned 4,803,541 shares of the company’s stock, valued at approximately $42,415,267.03. This trade represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

L1 Capital Pty Ltd also recently made the following trade(s):

  • On Tuesday, August 11th, L1 Capital Pty Ltd sold 375,815 shares of Anteris Technologies Global stock. The stock was sold at an average price of $9.30, for a total value of $3,495,079.50.
  • On Monday, August 10th, L1 Capital Pty Ltd sold 251,844 shares of Anteris Technologies Global stock. The stock was sold at an average price of $9.10, for a total value of $2,291,780.40.
  • On Thursday, August 6th, L1 Capital Pty Ltd sold 174,721 shares of Anteris Technologies Global stock. The shares were sold at an average price of $8.10, for a total value of $1,415,240.10.
  • On Tuesday, August 4th, L1 Capital Pty Ltd sold 480,608 shares of Anteris Technologies Global stock. The stock was sold at an average price of $8.30, for a total value of $3,989,046.40.
  • On Wednesday, August 5th, L1 Capital Pty Ltd sold 14,581 shares of Anteris Technologies Global stock. The stock was sold at an average price of $8.23, for a total value of $120,001.63.
  • On Monday, August 3rd, L1 Capital Pty Ltd sold 475,693 shares of Anteris Technologies Global stock. The shares were sold at an average price of $8.10, for a total value of $3,853,113.30.
  • On Friday, July 31st, L1 Capital Pty Ltd sold 48,711 shares of Anteris Technologies Global stock. The stock was sold at an average price of $8.15, for a total transaction of $396,994.65.
  • On Wednesday, July 29th, L1 Capital Pty Ltd sold 155,505 shares of Anteris Technologies Global stock. The shares were sold at an average price of $8.04, for a total transaction of $1,250,260.20.
  • On Thursday, July 30th, L1 Capital Pty Ltd sold 558,633 shares of Anteris Technologies Global stock. The shares were sold at an average price of $8.20, for a total transaction of $4,580,790.60.
  • On Monday, July 27th, L1 Capital Pty Ltd sold 232,817 shares of Anteris Technologies Global stock. The stock was sold at an average price of $8.19, for a total transaction of $1,906,771.23.

Anteris Technologies Global Price Performance

Shares of NASDAQ:AVR opened at $8.59 on Thursday. Anteris Technologies Global Corp. has a 1-year low of $3.30 and a 1-year high of $11.06. The stock has a market cap of $837.18 million, a P/E ratio of -4.41 and a beta of 1.80. The firm has a fifty day moving average price of $8.98 and a 200 day moving average price of $7.68.

Anteris Technologies Global (NASDAQ:AVRGet Free Report) last announced its earnings results on Tuesday, August 11th. The company reported ($0.30) EPS for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.09). Anteris Technologies Global had a negative net margin of 4,619.27% and a negative return on equity of 77.69%. The business had revenue of $1.01 million during the quarter, compared to analysts’ expectations of $1.50 million. During the same period in the previous year, the company posted ($0.58) earnings per share. Sell-side analysts expect that Anteris Technologies Global Corp. will post -1.21 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on AVR shares. Barclays lifted their target price on Anteris Technologies Global from $17.00 to $18.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Anteris Technologies Global in a research report on Wednesday, August 26th. Wall Street Zen raised shares of Anteris Technologies Global from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, 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. Four research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $16.00.

Check Out Our Latest Report on AVR

Hedge Funds Weigh In On Anteris Technologies Global

A number of large investors have recently made changes to their positions in AVR. California State Teachers Retirement System lifted its stake in shares of Anteris Technologies Global by 152.8% in the second quarter. California State Teachers Retirement System now owns 10,943 shares of the company’s stock valued at $1,111,000 after purchasing an additional 6,615 shares during the period. Nantahala Capital Management LLC acquired a new position in Anteris Technologies Global during the second quarter worth about $33,325,850. One68 Global Capital LLC purchased a new position in Anteris Technologies Global in the second quarter valued at about $128,000. Bank of America Corp DE acquired a new stake in shares of Anteris Technologies Global during the 2nd quarter valued at approximately $1,907,000. Finally, AWM Investment Company Inc. acquired a new stake in shares of Anteris Technologies Global during the 2nd quarter valued at approximately $1,133,000.

Anteris Technologies Global Company Profile

(Get 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.

See Also

Insider Buying and Selling by Quarter for Anteris Technologies Global (NASDAQ:AVR)

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