Capricorn Fund Managers Ltd Acquires New Position in Anteris Technologies Global Corp. $AVR

Capricorn Fund Managers Ltd acquired a new position in shares of Anteris Technologies Global Corp. (NASDAQ:AVR) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 500,525 shares of the company’s stock, valued at approximately $2,778,000.

A number of other large investors have also recently bought and sold shares of AVR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Anteris Technologies Global during the 1st quarter valued at approximately $32,000. Geode Capital Management LLC lifted its position in Anteris Technologies Global by 154.3% in the 2nd quarter. Geode Capital Management LLC now owns 420,427 shares of the company’s stock valued at $1,593,000 after purchasing an additional 255,088 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in 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 valued at $4,049,000 after purchasing an additional 1,057,707 shares during the period. Nantahala Capital Management LLC grew its position in Anteris Technologies Global by 1.8% in the 2nd quarter. Nantahala Capital Management LLC now owns 1,693,666 shares of the company’s stock worth $6,419,000 after purchasing an additional 30,000 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of Anteris Technologies Global by 85.1% in the third quarter. Vanguard Group Inc. now owns 745,560 shares of the company’s stock valued at $3,355,000 after purchasing an additional 342,711 shares during the period.

Anteris Technologies Global Price Performance

AVR stock opened at $9.85 on Wednesday. The firm has a market cap of $958.82 million, a PE ratio of -4.42 and a beta of 1.77. Anteris Technologies Global Corp. has a 12 month low of $2.85 and a 12 month high of $10.56. The firm has a 50 day simple moving average of $8.20 and a 200 day simple moving average of $6.53.

Anteris Technologies Global (NASDAQ:AVR) last posted its quarterly 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 company had revenue of $0.49 million during 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 in the prior year, the company posted ($0.61) EPS. As a group, sell-side analysts expect that Anteris Technologies Global Corp. will post -1.14 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Susan Elizabeth Knight bought 11,000 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was bought 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 directly owned 11,000 shares in the company, valued at $102,190. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 4.50% of the company’s stock.

Analysts Set New Price Targets

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