Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH - Get Free Report)'s share price gapped up before the market opened on Monday . The stock had previously closed at $5.29, but opened at $5.56. Aveanna Healthcare shares last traded at $5.44, with a volume of 45,420 shares.
Analyst Ratings Changes
Several equities analysts have recently weighed in on the company. Truist Financial cut their price objective on Aveanna Healthcare from $6.00 to $5.25 and set a "hold" rating on the stock in a report on Monday, January 6th. UBS Group upped their price target on shares of Aveanna Healthcare from $3.20 to $4.50 and gave the company a "sell" rating in a report on Friday, March 14th.
View Our Latest Stock Analysis on AVAH
Aveanna Healthcare Stock Performance
The company has a fifty day moving average of $4.72 and a two-hundred day moving average of $4.96. The company has a market cap of $1.05 billion, a price-to-earnings ratio of -15.87 and a beta of 2.25.
Insider Buying and Selling
In related news, major shareholder J.H. Whitney Equity Partners V sold 61,564 shares of the stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $5.51, for a total transaction of $339,217.64. Following the transaction, the insider now owns 1,453,948 shares of the company's stock, valued at approximately $8,011,253.48. This trade represents a 4.06 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 7.80% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in AVAH. KLP Kapitalforvaltning AS purchased a new position in shares of Aveanna Healthcare in the fourth quarter valued at about $35,000. BNP Paribas Financial Markets purchased a new position in shares of Aveanna Healthcare during the fourth quarter valued at approximately $35,000. Tower Research Capital LLC TRC raised its stake in Aveanna Healthcare by 662.2% in the fourth quarter. Tower Research Capital LLC TRC now owns 7,889 shares of the company's stock worth $36,000 after buying an additional 6,854 shares in the last quarter. Catalyst Funds Management Pty Ltd boosted its position in shares of Aveanna Healthcare by 321.4% in the 4th quarter. Catalyst Funds Management Pty Ltd now owns 11,800 shares of the company's stock worth $54,000 after purchasing an additional 9,000 shares in the last quarter. Finally, Sagespring Wealth Partners LLC bought a new position in Aveanna Healthcare in the 4th quarter worth about $57,000. Institutional investors own 87.96% of the company's stock.
About Aveanna Healthcare
(
Get Free Report)
Aveanna Healthcare Holdings Inc, a diversified home care platform company, provides pediatric and adult healthcare services in the United States. Its patient-centered care delivery platform allows patients to remain in their homes and minimizes the overutilization of high-cost care settings, such as hospitals or skilled nursing facilities.
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