Innventure (NASDAQ:INV) Research Coverage Started at Northland Securities

Northland Securities began coverage on shares of Innventure (NASDAQ:INV) in a report published on Wednesday morning, MarketBeat reports. The brokerage issued an outperform rating and a $12.00 price objective on the stock.

INV has been the subject of several other research reports. Roth Mkm initiated coverage on Innventure in a research report on Thursday, January 23rd. They issued a “buy” rating and a $16.00 price target for the company. Roth Capital upgraded Innventure to a “strong-buy” rating in a research note on Thursday, January 23rd.

Innventure Stock Down 0.4 %

Shares of INV stock opened at $7.88 on Wednesday. The business has a fifty day simple moving average of $10.76. Innventure has a 52 week low of $6.57 and a 52 week high of $18.75.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Bank of America Corp DE purchased a new position in Innventure during the 4th quarter valued at about $126,000. Millennium Management LLC purchased a new stake in shares of Innventure during the fourth quarter valued at $429,000. Northern Trust Corp acquired a new position in shares of Innventure in the fourth quarter valued at about $601,000. Moore Capital Management LP acquired a new position in Innventure in the 4th quarter worth approximately $692,000. Finally, Tower Research Capital LLC TRC purchased a new position in shares of Innventure during the fourth quarter worth $52,000. Hedge funds and other institutional investors own 55.98% of the company’s stock.

About Innventure

Innventure Inc founds, funds and operates companies with a focus on transformative, sustainable technology solutions acquired or licensed from multinational corporations. Innventure Inc, formerly known as Learn CW Investment Corporation, is based in ORLANDO, Fla.