Anteris Technologies Global (NASDAQ:AVR) Trading Up 1.9% – Here’s Why

Anteris Technologies Global Corp (NASDAQ:AVR)’s stock price was up 1.9% during mid-day trading on Monday . The company traded as high as $8.01 and last traded at $7.99. Approximately 99,914 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 127,559 shares. The stock had previously closed at $7.84.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on AVR. Barclays began coverage on Anteris Technologies Global in a research note on Tuesday, January 7th. They issued an “overweight” rating and a $22.00 price target on the stock. Lake Street Capital assumed coverage on shares of Anteris Technologies Global in a research report on Wednesday, January 8th. They issued a “buy” rating and a $20.00 price target for the company. TD Cowen initiated coverage on Anteris Technologies Global in a report on Tuesday, January 7th. They set a “buy” rating and a $15.00 target price on the stock. Finally, Cantor Fitzgerald initiated coverage on shares of Anteris Technologies Global in a research report on Tuesday, January 7th. They set an “overweight” rating and a $9.00 target price for the company.

Anteris Technologies Global Price Performance

Institutional Trading of Anteris Technologies Global

Several hedge funds have recently made changes to their positions in AVR. MASO CAPITAL PARTNERS Ltd purchased a new position in shares of Anteris Technologies Global in the fourth quarter valued at $976,000. ADAR1 Capital Management LLC purchased a new position in Anteris Technologies Global in the 4th quarter worth approximately $5,876,000. Affinity Asset Advisors LLC purchased a new position in Anteris Technologies Global in the fourth quarter worth $1,674,000. Altium Capital Management LLC purchased a new position in shares of Anteris Technologies Global in the 4th quarter worth about $4,112,000. Finally, Symmetry Investments LP purchased a new stake in Anteris Technologies Global in the fourth quarter worth approximately $680,000.

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.