Insider Selling: Anteris Technologies Global (NASDAQ:AVR) Major Shareholder Sells $68,874.00 in Stock

Anteris Technologies Global Corp. (NASDAQ:AVRGet Free Report) major shareholder L1 Capital Pty Ltd sold 7,800 shares of the stock in a transaction on Friday, August 28th. The stock was sold at an average price of $8.83, for a total value of $68,874.00. Following the sale, the insider directly owned 4,803,541 shares in the company, valued at approximately $42,415,267.03. This trade represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

L1 Capital Pty Ltd also recently made the following trade(s):

  • On Tuesday, August 11th, L1 Capital Pty Ltd sold 375,815 shares of Anteris Technologies Global stock. The stock was sold at an average price of $9.30, for a total value of $3,495,079.50.
  • On Monday, August 10th, L1 Capital Pty Ltd sold 251,844 shares of Anteris Technologies Global stock. The shares were sold at an average price of $9.10, for a total value of $2,291,780.40.
  • On Thursday, August 6th, L1 Capital Pty Ltd sold 174,721 shares of Anteris Technologies Global stock. The stock was sold at an average price of $8.10, for a total transaction of $1,415,240.10.
  • On Tuesday, August 4th, L1 Capital Pty Ltd sold 480,608 shares of Anteris Technologies Global stock. The shares were sold at an average price of $8.30, for a total transaction of $3,989,046.40.
  • On Wednesday, August 5th, L1 Capital Pty Ltd sold 14,581 shares of Anteris Technologies Global stock. The shares were sold at an average price of $8.23, for a total transaction of $120,001.63.
  • On Monday, August 3rd, L1 Capital Pty Ltd sold 475,693 shares of Anteris Technologies Global stock. The stock was sold at an average price of $8.10, for a total transaction of $3,853,113.30.
  • On Friday, July 31st, L1 Capital Pty Ltd sold 48,711 shares of Anteris Technologies Global stock. The stock was sold at an average price of $8.15, for a total transaction of $396,994.65.
  • On Wednesday, July 29th, L1 Capital Pty Ltd sold 155,505 shares of Anteris Technologies Global stock. The shares were sold at an average price of $8.04, for a total transaction of $1,250,260.20.
  • On Thursday, July 30th, L1 Capital Pty Ltd sold 558,633 shares of Anteris Technologies Global stock. The shares were sold at an average price of $8.20, for a total value of $4,580,790.60.
  • On Monday, July 27th, L1 Capital Pty Ltd sold 232,817 shares of Anteris Technologies Global stock. The stock was sold at an average price of $8.19, for a total value of $1,906,771.23.

Anteris Technologies Global Stock Down 1.5%

Shares of AVR stock opened at $8.61 on Tuesday. The business has a fifty day simple moving average of $9.05 and a 200 day simple moving average of $7.64. The company has a market cap of $839.13 million, a P/E ratio of -4.42 and a beta of 1.79. Anteris Technologies Global Corp. has a twelve month low of $3.30 and a twelve month high of $11.06.

Anteris Technologies Global (NASDAQ:AVRGet Free Report) last released its earnings results on Tuesday, August 11th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.09). The business had revenue of $1.01 million during the quarter, compared to the consensus estimate of $1.50 million. Anteris Technologies Global had a negative net margin of 4,619.27% and a negative return on equity of 77.69%. During the same quarter in the prior year, the firm earned ($0.58) EPS. As a group, equities research analysts anticipate that Anteris Technologies Global Corp. will post -1.21 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Anteris Technologies Global in a report on Wednesday, August 26th. Cantor Fitzgerald restated an “overweight” rating and issued a $15.00 target price on shares of Anteris Technologies Global in a research report on Friday, August 14th. Barclays upped their price target on shares of Anteris Technologies Global from $17.00 to $18.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Finally, Wall Street Zen upgraded Anteris Technologies Global from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Anteris Technologies Global currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.00.

Read Our Latest Report on Anteris Technologies Global

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Perceptive Advisors LLC increased its position in Anteris Technologies Global by 104.4% during the 1st quarter. Perceptive Advisors LLC now owns 3,425,476 shares of the company’s stock valued at $19,011,000 after purchasing an additional 1,750,000 shares during the period. ADAR1 Capital Management LLC bought a new stake in shares of Anteris Technologies Global in the 2nd quarter valued at $30,979,000. Avidity Partners Management LP acquired a new stake in shares of Anteris Technologies Global during the first quarter worth $832,000. Militia Capital Management LLC acquired a new stake in shares of Anteris Technologies Global during the first quarter worth $3,358,000. Finally, Assenagon Asset Management S.A. bought a new position in Anteris Technologies Global during the second quarter worth $6,350,000.

About Anteris Technologies Global

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Anteris Technologies Global (NASDAQ:AVR)

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