Anteris Technologies Global Corp. (NASDAQ:AVR) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Anteris Technologies Global Corp. (NASDAQ:AVR) has earned a consensus rating of “Moderate Buy” from the five analysts that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating and four have issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $16.00.

A number of analysts recently commented on AVR shares. Weiss Ratings restated a “sell (d-)” rating on shares of Anteris Technologies Global in a research note on Friday, May 29th. Wall Street Zen upgraded shares of Anteris Technologies Global from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Cantor Fitzgerald reissued an “overweight” rating and set a $15.00 target price on shares of Anteris Technologies Global in a report on Friday, March 27th. 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 target for the company. Finally, Barclays lifted their price target 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.

Insiders Place Their Bets

In related news, Director Susan Elizabeth Knight bought 11,000 shares of Anteris Technologies Global stock in a transaction on Tuesday, June 2nd. The stock was acquired at an average price of $9.29 per share, with a total value of $102,190.00. Following the acquisition, the director directly owned 11,000 shares of the company’s stock, valued at $102,190. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 4.50% of the stock is owned by insiders.

Hedge Funds Weigh In On Anteris Technologies Global

A number of large investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Anteris Technologies Global during the 1st quarter worth approximately $32,000. Geode Capital Management LLC boosted its holdings 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 period. JPMorgan Chase & Co. grew its position in shares of 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 in the last quarter. Nantahala Capital Management LLC grew its position in shares of Anteris Technologies Global by 1.8% during the 2nd quarter. Nantahala Capital Management LLC now owns 1,693,666 shares of the company’s stock valued at $6,419,000 after purchasing an additional 30,000 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings 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 worth $3,355,000 after purchasing an additional 342,711 shares during the period.

Anteris Technologies Global Price Performance

NASDAQ AVR opened at $10.24 on Friday. The company has a market cap of $996.78 million, a PE ratio of -4.59 and a beta of 1.65. Anteris Technologies Global has a 52 week low of $2.85 and a 52 week high of $10.56. The firm’s 50-day simple moving average is $8.46 and its two-hundred day simple moving average is $6.63.

Anteris Technologies Global (NASDAQ:AVR) last issued its 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). 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 return on equity of 124.76% and a negative net margin of 5,148.78%.During the same quarter in the prior year, the business earned ($0.61) EPS. As a group, equities research analysts anticipate that Anteris Technologies Global will post -1.14 EPS for the current year.

Anteris Technologies Global Company 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.