Anteris Technologies Global (NASDAQ:AVR) Stock Price Down 6.2% – Should You Sell?

Anteris Technologies Global Corp (NASDAQ:AVR) fell 6.2% on Thursday . The company traded as low as $6.50 and last traded at $6.83. 64,218 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 132,088 shares. The stock had previously closed at $7.28.

Analyst Ratings Changes

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

Anteris Technologies Global Stock Down 6.2 %

The stock’s fifty day simple moving average is $6.70.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Nantahala Capital Management LLC bought a new stake in Anteris Technologies Global in the 4th quarter valued at about $9,300,000. Regal Partners Ltd purchased a new position in shares of Anteris Technologies Global in the fourth quarter worth about $7,220,000. ADAR1 Capital Management LLC bought a new stake in shares of Anteris Technologies Global in the fourth quarter valued at approximately $5,876,000. Ensign Peak Advisors Inc purchased a new stake in shares of Anteris Technologies Global during the 4th quarter valued at approximately $5,801,000. Finally, Altium Capital Management LLC bought a new position in Anteris Technologies Global in the 4th quarter worth approximately $4,112,000.

About Anteris Technologies Global

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.