Perceptive Advisors LLC Boosts Stock Holdings in Anteris Technologies Global Corp. $AVR

Perceptive Advisors LLC raised its stake in Anteris Technologies Global Corp. (NASDAQ:AVR) by 104.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,425,476 shares of the company’s stock after purchasing an additional 1,750,000 shares during the quarter. Perceptive Advisors LLC’s holdings in Anteris Technologies Global were worth $19,011,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Russell Investments Group Ltd. increased its holdings in shares of Anteris Technologies Global by 76.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 6,536 shares of the company’s stock worth $29,000 after buying an additional 2,841 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Anteris Technologies Global in the 1st quarter worth $32,000. BNP Paribas Financial Markets boosted its holdings in Anteris Technologies Global by 83.3% in the third quarter. BNP Paribas Financial Markets now owns 9,469 shares of the company’s stock valued at $43,000 after acquiring an additional 4,302 shares during the last quarter. Bank of America Corp DE boosted its holdings in Anteris Technologies Global by 35.7% in the third quarter. Bank of America Corp DE now owns 10,631 shares of the company’s stock valued at $48,000 after acquiring an additional 2,798 shares during the last quarter. Finally, Duncan Williams Asset Management LLC acquired a new position in Anteris Technologies Global in the fourth quarter valued at $54,000.

Wall Street Analysts Forecast Growth

Several brokerages have commented on AVR. Wall Street Zen upgraded Anteris Technologies Global from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Barclays lifted their price objective on Anteris Technologies Global from $17.00 to $18.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Anteris Technologies Global in a report on Friday, May 29th. Four research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $16.00.

Insider Activity

In other news, major shareholder L1 Capital Pty Ltd sold 558,633 shares of the stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $8.20, for a total value of $4,580,790.60. Following the completion of the sale, the insider owned 6,633,314 shares in the company, valued at approximately $54,393,174.80. This trade represents a 7.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Susan Elizabeth Knight bought 11,000 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was 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 approximately $102,190. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold 1,178,686 shares of company stock worth $9,613,446 over the last three months. 4.50% of the stock is currently owned by corporate insiders.

Anteris Technologies Global Trading Down 4.9%

Shares of AVR stock opened at $7.84 on Friday. The company has a market cap of $763.15 million, a PE ratio of -3.52 and a beta of 1.65. The company’s fifty day simple moving average is $9.22 and its 200-day simple moving average is $7.14. Anteris Technologies Global Corp. has a 52 week low of $2.99 and a 52 week high of $11.06.

Anteris Technologies Global (NASDAQ:AVR) last announced its quarterly earnings results on Tuesday, May 12th. The company reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates 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 business had revenue of $0.49 million for the quarter, compared to analysts’ expectations of $0.77 million. During the same period last year, the company posted ($0.61) earnings per share. Equities research analysts expect that Anteris Technologies Global Corp. will post -1.14 EPS 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.