Susan Elizabeth Knight Acquires 11,000 Shares of Anteris Technologies Global (NASDAQ:AVR) Stock

Anteris Technologies Global Corp. (NASDAQ:AVR) Director Susan Elizabeth Knight purchased 11,000 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were acquired at an average cost of $9.29 per share, for a total transaction of $102,190.00. Following the completion of the acquisition, the director owned 11,000 shares of the company’s stock, valued at approximately $102,190. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Anteris Technologies Global Stock Down 0.1%

NASDAQ:AVR opened at $9.64 on Friday. Anteris Technologies Global Corp. has a 52 week low of $2.85 and a 52 week high of $10.14. The business’s 50-day simple moving average is $6.83 and its two-hundred day simple moving average is $5.86. The stock has a market cap of $938.36 million, a PE ratio of -4.32 and a beta of 1.78.

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

Analyst Ratings Changes

Several research analysts recently commented on AVR shares. Wall Street Zen upgraded Anteris Technologies Global from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $15.00 price target on shares of Anteris Technologies Global in a research note on Friday, March 27th. Barclays lifted their price target on shares of Anteris Technologies Global from $17.00 to $18.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Wells Fargo & Company started coverage on shares of Anteris Technologies Global in a research note on Wednesday, March 11th. They issued an “overweight” rating and a $16.00 price objective for the company. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Anteris Technologies Global in a research report on Friday, May 29th. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.00.

Institutional Investors Weigh In On Anteris Technologies Global

A number of large investors have recently made changes to their positions in the stock. L1 Capital Pty Ltd boosted its holdings in Anteris Technologies Global by 143.2% in the third quarter. L1 Capital Pty Ltd now owns 6,838,136 shares of the company’s stock valued at $30,772,000 after purchasing an additional 4,026,136 shares during the last quarter. ADAR1 Capital Management LLC boosted its stake in shares of Anteris Technologies Global by 205.9% during the 1st quarter. ADAR1 Capital Management LLC now owns 3,789,132 shares of the company’s stock worth $21,030,000 after acquiring an additional 2,550,355 shares in the last quarter. Perceptive Advisors LLC boosted its stake in shares of Anteris Technologies Global by 104.4% during the 1st quarter. Perceptive Advisors LLC now owns 3,425,476 shares of the company’s stock worth $19,011,000 after acquiring an additional 1,750,000 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Anteris Technologies Global by 9,958.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,068,328 shares of the company’s stock worth $4,049,000 after purchasing an additional 1,057,707 shares during the last quarter. Finally, Nantahala Capital Management LLC raised its position in shares of Anteris Technologies Global by 31.9% during the 4th quarter. Nantahala Capital Management LLC now owns 2,530,910 shares of the company’s stock worth $12,629,000 after purchasing an additional 612,244 shares during the last quarter.

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.