Walleye Capital LLC Acquires New Holdings in Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH)

Walleye Capital LLC bought a new position in shares of Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH) during the fourth quarter, HoldingsChannel reports. The fund bought 13,953 shares of the company’s stock, valued at approximately $64,000.

Other institutional investors also recently modified their holdings of the company. KLP Kapitalforvaltning AS bought a new position in shares of Aveanna Healthcare in the 4th quarter valued at $35,000. Catalyst Funds Management Pty Ltd lifted its stake in shares of Aveanna Healthcare by 321.4% in the 4th quarter. Catalyst Funds Management Pty Ltd now owns 11,800 shares of the company’s stock valued at $54,000 after acquiring an additional 9,000 shares during the last quarter. Sagespring Wealth Partners LLC bought a new position in shares of Aveanna Healthcare in the 4th quarter valued at $57,000. Arizona State Retirement System bought a new position in shares of Aveanna Healthcare in the 4th quarter valued at $64,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Aveanna Healthcare in the 4th quarter valued at $65,000. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Aveanna Healthcare Stock Up 0.7 %

Shares of NASDAQ:AVAH opened at $4.57 on Monday. The business has a fifty day simple moving average of $4.74 and a 200 day simple moving average of $4.91. Aveanna Healthcare Holdings Inc. has a 12-month low of $2.16 and a 12-month high of $6.19. The firm has a market cap of $891.58 million, a P/E ratio of -13.44 and a beta of 1.99.

Insiders Place Their Bets

In other Aveanna Healthcare news, major shareholder J.H. Whitney Equity Partners V sold 5,580 shares of the stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $5.63, for a total transaction of $31,415.40. Following the completion of the sale, the insider now directly owns 1,451,598 shares in the company, valued at approximately $8,172,496.74. This trade represents a 0.38 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In the last ninety days, insiders sold 67,412 shares of company stock worth $372,142. Company insiders own 7.80% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on AVAH shares. Truist Financial dropped their price target on Aveanna Healthcare from $6.00 to $5.50 and set a “hold” rating for the company in a research note on Friday, April 11th. UBS Group raised their target price on Aveanna Healthcare from $3.20 to $4.50 and gave the stock a “sell” rating in a research report on Friday, March 14th.

Aveanna Healthcare Profile

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.