L1 Capital Pty Ltd Sells 4,026,136 Shares of Anteris Technologies Global Corp. $AVR

L1 Capital Pty Ltd cut its holdings in shares of Anteris Technologies Global Corp. (NASDAQ:AVR) by 58.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,812,000 shares of the company’s stock after selling 4,026,136 shares during the period. Anteris Technologies Global makes up 0.7% of L1 Capital Pty Ltd’s portfolio, making the stock its 19th biggest position. L1 Capital Pty Ltd owned about 6.83% of Anteris Technologies Global worth $14,032,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of AVR. Russell Investments Group Ltd. boosted its position in shares of Anteris Technologies Global by 76.9% during the third quarter. Russell Investments Group Ltd. now owns 6,536 shares of the company’s stock valued at $29,000 after buying an additional 2,841 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Anteris Technologies Global during the first quarter valued at $32,000. BNP Paribas Financial Markets boosted its position in shares of Anteris Technologies Global by 83.3% during the third quarter. BNP Paribas Financial Markets now owns 9,469 shares of the company’s stock valued at $43,000 after buying an additional 4,302 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Anteris Technologies Global by 35.7% during the third 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 last quarter. Finally, Duncan Williams Asset Management LLC purchased a new stake in shares of Anteris Technologies Global during the fourth quarter valued at $54,000.

Anteris Technologies Global Trading Down 1.7%

Shares of AVR opened at $9.15 on Friday. The business’s 50 day moving average is $7.23 and its 200 day moving average is $6.06. The company has a market capitalization of $890.66 million, a PE ratio of -4.10 and a beta of 1.78. Anteris Technologies Global Corp. has a 12-month low of $2.85 and a 12-month high of $10.14.

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). The business had revenue of $0.49 million for the quarter, compared to the consensus estimate of $0.77 million. Anteris Technologies Global had a negative net margin of 5,148.78% and a negative return on equity of 124.76%. During the same period last year, the business posted ($0.61) EPS. Equities research analysts predict that Anteris Technologies Global Corp. will post -1.14 earnings per share for the current year.

Insider Transactions at Anteris Technologies Global

In other Anteris Technologies Global news, Director Susan Elizabeth Knight bought 11,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were bought at an average price of $9.29 per share, with a total value of $102,190.00. Following the purchase, the director 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 document filed with the SEC, which is available through this hyperlink. Company insiders own 4.50% of the company’s stock.

Wall Street Analysts Forecast Growth

AVR has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Anteris Technologies Global in a research report on Friday, May 29th. Barclays increased their price objective on Anteris Technologies Global from $17.00 to $18.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Wall Street Zen raised Anteris Technologies Global from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Wells Fargo & Company initiated coverage on Anteris Technologies Global in a research report on Wednesday, March 11th. They set an “overweight” rating and a $16.00 price objective on the stock. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $15.00 price objective on shares of Anteris Technologies Global in a research report on Friday, March 27th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $16.00.

Anteris Technologies Global Profile

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.