JPMorgan Chase & Co. Boosts Holdings in Anteris Technologies Global Corp. $AVR

JPMorgan Chase & Co. increased its stake in Anteris Technologies Global Corp. (NASDAQ:AVR) by 32.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,417,627 shares of the company’s stock after acquiring an additional 349,299 shares during the period. JPMorgan Chase & Co. owned approximately 3.44% of Anteris Technologies Global worth $6,379,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Russell Investments Group Ltd. raised its stake 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 period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Anteris Technologies Global during the 1st quarter valued at $32,000. BNP Paribas Financial Markets increased its holdings in shares of Anteris Technologies Global by 83.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 9,469 shares of the company’s stock worth $43,000 after buying an additional 4,302 shares during the last quarter. Bank of America Corp DE increased its holdings 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 worth $48,000 after buying an additional 2,798 shares during the last quarter. Finally, Intech Investment Management LLC purchased a new position in shares of Anteris Technologies Global in the 2nd quarter worth $49,000.

Insider Transactions at Anteris Technologies Global

In other news, major shareholder L1 Capital Pty Ltd acquired 5,000,000 shares of the stock in a transaction on Thursday, January 22nd. The stock was bought at an average price of $5.75 per share, with a total value of $28,750,000.00. Following the completion of the transaction, the insider directly owned 13,219,814 shares of the company’s stock, valued at $76,013,930.50. The trade was a 60.83% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 4.50% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Lake Street Capital reissued a “buy” rating and set a $15.00 price target on shares of Anteris Technologies Global in a research report on Friday, January 23rd. Wells Fargo & Company assumed coverage on Anteris Technologies Global in a report on Wednesday, March 11th. They issued an “overweight” rating and a $16.00 price objective on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Anteris Technologies Global in a research note on Monday, December 29th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $15.00 target price on shares of Anteris Technologies Global in a report on Friday, March 27th. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $15.33.

Anteris Technologies Global Trading Up 8.5%

NASDAQ:AVR opened at $5.55 on Wednesday. The business’s 50-day moving average is $5.96 and its two-hundred day moving average is $5.13. The firm has a market capitalization of $539.25 million, a PE ratio of -2.17 and a beta of 1.14. Anteris Technologies Global Corp. has a 12 month low of $2.34 and a 12 month high of $6.95. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.73 and a quick ratio of 0.73.

Anteris Technologies Global (NASDAQ:AVR) last issued its earnings results on Thursday, February 26th. The company reported ($0.75) earnings per share for the quarter. The company had revenue of $0.31 million during the quarter. Anteris Technologies Global had a negative return on equity of 536.04% and a negative net margin of 4,921.27%. Research analysts predict that Anteris Technologies Global Corp. will post -2.66 earnings per share for the current fiscal year.

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.