Anteris Technologies Global (NASDAQ:AVR) Posts Quarterly Earnings Results, Misses Expectations By $0.05 EPS

Anteris Technologies Global (NASDAQ:AVR) posted its quarterly earnings results on Wednesday. The company reported ($0.62) earnings per share for the quarter, missing the consensus estimate of ($0.57) by ($0.05), Zacks reports.

Anteris Technologies Global Trading Up 2.9%

AVR opened at $3.89 on Thursday. The company has a market cap of $149.41 million and a price-to-earnings ratio of -3.27. Anteris Technologies Global has a 12-month low of $2.34 and a 12-month high of $8.79. The stock has a fifty day simple moving average of $4.72 and a two-hundred day simple moving average of $4.21.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Nantahala Capital Management LLC grew its position in Anteris Technologies Global by 1.8% during the second quarter. Nantahala Capital Management LLC now owns 1,693,666 shares of the company’s stock valued at $6,419,000 after buying an additional 30,000 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Anteris Technologies Global by 32.7% in the third quarter. JPMorgan Chase & Co. now owns 1,417,627 shares of the company’s stock worth $6,379,000 after buying an additional 349,299 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Anteris Technologies Global by 85.1% during the 3rd quarter. Vanguard Group Inc. now owns 745,560 shares of the company’s stock worth $3,355,000 after acquiring an additional 342,711 shares in the last quarter. Geode Capital Management LLC lifted its position in Anteris Technologies Global by 154.3% during the second 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. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Anteris Technologies Global by 35.2% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,744 shares of the company’s stock worth $45,000 after acquiring an additional 3,055 shares in the last quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Anteris Technologies Global in a research note on Thursday, October 30th. Four equities research analysts have rated the stock with a Buy rating and one has assigned 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 $16.50.

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.