Avantor, Inc. (NYSE:AVTR) Short Interest Update

Avantor, Inc. (NYSE:AVTR) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 37,710,659 shares, an increase of 25.3% from the January 15th total of 30,097,069 shares. Based on an average trading volume of 13,997,283 shares, the days-to-cover ratio is presently 2.7 days. Currently, 5.6% of the shares of the stock are short sold. Currently, 5.6% of the shares of the stock are short sold. Based on an average trading volume of 13,997,283 shares, the days-to-cover ratio is presently 2.7 days.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Morgan Stanley set a $10.00 price objective on shares of Avantor in a research report on Friday. UBS Group reaffirmed a “neutral” rating and set a $10.50 price target on shares of Avantor in a report on Thursday. Evercore ISI set a $10.00 price objective on shares of Avantor in a report on Wednesday, February 11th. Stifel Nicolaus set a $10.00 target price on Avantor in a research note on Thursday. Finally, Citigroup cut their price target on Avantor from $13.00 to $11.00 and set a “neutral” rating on the stock in a research note on Thursday. Three equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $11.84.

Insider Buying and Selling at Avantor

In other Avantor news, Director Sanjeev K. Mehra acquired 350,000 shares of the stock in a transaction that occurred on Friday, December 5th. The shares were purchased at an average cost of $11.09 per share, with a total value of $3,881,500.00. Following the purchase, the director owned 350,000 shares in the company, valued at approximately $3,881,500. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Gregory L. Summe bought 100,000 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were acquired at an average price of $9.40 per share, with a total value of $940,000.00. Following the transaction, the director owned 400,000 shares of the company’s stock, valued at $3,760,000. The trade was a 33.33% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.20% of the stock is currently owned by insiders.

Institutional Trading of Avantor

Institutional investors and hedge funds have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC raised its holdings in Avantor by 119.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,187 shares of the company’s stock valued at $29,000 after acquiring an additional 1,189 shares in the last quarter. Private Trust Co. NA boosted its stake in shares of Avantor by 46.2% in the 4th quarter. Private Trust Co. NA now owns 2,769 shares of the company’s stock valued at $32,000 after purchasing an additional 875 shares in the last quarter. Strategic Wealth Investment Group LLC bought a new stake in shares of Avantor in the 2nd quarter worth about $32,000. Los Angeles Capital Management LLC acquired a new stake in shares of Avantor during the 4th quarter worth about $32,000. Finally, FNY Investment Advisers LLC bought a new position in Avantor during the 2nd quarter valued at about $36,000. Institutional investors and hedge funds own 95.08% of the company’s stock.

Avantor Price Performance

Shares of Avantor stock traded up $0.05 on Monday, hitting $9.19. The company had a trading volume of 13,259,785 shares, compared to its average volume of 15,150,238. Avantor has a 52 week low of $8.90 and a 52 week high of $18.36. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.78 and a quick ratio of 1.18. The company has a market cap of $6.26 billion, a PE ratio of -11.78, a PEG ratio of 3.62 and a beta of 0.94. The business has a 50-day simple moving average of $11.38 and a 200-day simple moving average of $12.20.

Avantor (NYSE:AVTR) last issued its earnings results on Wednesday, February 11th. The company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.01. The firm had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.64 billion. Avantor had a negative net margin of 8.09% and a positive return on equity of 10.45%. The firm’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same period last year, the firm posted $0.27 earnings per share. Avantor has set its FY 2026 guidance at 0.770-0.830 EPS. Research analysts expect that Avantor will post 1.06 EPS for the current fiscal year.

About Avantor

Avantor, Inc (NYSE:AVTR) is a global provider of mission-critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries. The company delivers essential solutions that support research, development, production and safety applications. Its product portfolio spans from high-purity chemicals and reagents to biologics and cell culture media, as well as lab equipment, consumables and custom manufacturing services.

Avantor’s offerings are organized across two primary segments.