Anteris Technologies Global Corp. $AVR Shares Sold by Eversept Partners LP

Eversept Partners LP cut its stake in Anteris Technologies Global Corp. (NASDAQ:AVR) by 19.8% during the 1st quarter, Holdings Channel.com reports. The fund owned 401,187 shares of the company’s stock after selling 98,813 shares during the period. Eversept Partners LP’s holdings in Anteris Technologies Global were worth $2,227,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of AVR. Russell Investments Group Ltd. increased its position in Anteris Technologies Global by 76.9% during the third quarter. Russell Investments Group Ltd. now owns 6,536 shares of the company’s stock worth $29,000 after purchasing an additional 2,841 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Anteris Technologies Global in the 1st quarter valued at $32,000. BNP Paribas Financial Markets boosted its holdings in shares of Anteris Technologies Global by 83.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 9,469 shares of the company’s stock valued at $43,000 after purchasing an additional 4,302 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Anteris Technologies Global by 35.7% during the 3rd quarter. Bank of America Corp DE now owns 10,631 shares of the company’s stock valued at $48,000 after buying an additional 2,798 shares during the period. Finally, Duncan Williams Asset Management LLC purchased a new stake in shares of Anteris Technologies Global during the 4th quarter valued at $54,000.

Insider Activity at Anteris Technologies Global

In other Anteris Technologies Global news, Director Susan Elizabeth Knight acquired 11,000 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were bought at an average cost of $9.29 per share, for a total transaction of $102,190.00. Following the acquisition, the director directly owned 11,000 shares of the company’s stock, valued at $102,190. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 4.50% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Anteris Technologies Global in a research report on Friday, May 29th. Barclays lifted their target price on Anteris Technologies Global from $17.00 to $18.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Finally, Wall Street Zen upgraded Anteris Technologies Global from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Four analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Anteris Technologies Global currently has an average rating of “Moderate Buy” and a consensus price target of $16.00.

Anteris Technologies Global Stock Performance

NASDAQ AVR opened at $8.17 on Tuesday. Anteris Technologies Global Corp. has a one year low of $2.99 and a one year high of $11.06. The company’s 50 day moving average price is $9.27 and its 200 day moving average price is $7.07. The firm has a market capitalization of $795.27 million, a price-to-earnings ratio of -3.66 and a beta of 1.65.

Anteris Technologies Global (NASDAQ:AVR) last announced its quarterly earnings results on Tuesday, May 12th. The company reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.01). Anteris Technologies Global had a negative net margin of 5,148.78% and a negative return on equity of 124.76%. The business had revenue of $0.49 million for the quarter, compared to analyst estimates of $0.77 million. During the same period last year, the firm earned ($0.61) earnings per share. Sell-side analysts forecast that Anteris Technologies Global Corp. will post -1.14 EPS for the current fiscal year.

About Anteris Technologies Global

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.