Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH - Get Free Report) shares rose 6.8% during mid-day trading on Monday after UBS Group raised their price target on the stock from $3.20 to $4.50. UBS Group currently has a sell rating on the stock. Aveanna Healthcare traded as high as $5.56 and last traded at $5.55. Approximately 280,641 shares changed hands during trading, an increase of 21% from the average daily volume of 232,508 shares. The stock had previously closed at $5.19.
Separately, Truist Financial cut their target price on shares of Aveanna Healthcare from $6.00 to $5.25 and set a "hold" rating for the company in a report on Monday, January 6th.
Read Our Latest Stock Report on Aveanna Healthcare
Insider Buying and Selling
In related news, major shareholder J.H. Whitney Equity Partners V sold 61,564 shares of the firm's stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $5.51, for a total value of $339,217.64. Following the completion of the sale, the insider now directly owns 1,453,948 shares in the company, valued at $8,011,253.48. This trade represents a 4.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 7.80% of the stock is owned by corporate insiders.
Institutional Trading of Aveanna Healthcare
A number of institutional investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets bought a new stake in shares of Aveanna Healthcare during the fourth quarter worth $35,000. KLP Kapitalforvaltning AS bought a new stake in shares of Aveanna Healthcare during the fourth quarter worth $35,000. Tower Research Capital LLC TRC lifted its position in shares of Aveanna Healthcare by 662.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 7,889 shares of the company's stock worth $36,000 after purchasing an additional 6,854 shares during the last quarter. Catalyst Funds Management Pty Ltd lifted its position in shares of Aveanna Healthcare by 321.4% during the fourth 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 during the last quarter. Finally, Sagespring Wealth Partners LLC bought a new stake in shares of Aveanna Healthcare during the fourth quarter worth $57,000. 87.96% of the stock is currently owned by institutional investors.
Aveanna Healthcare Price Performance
The firm has a market capitalization of $1.01 billion, a P/E ratio of -15.23 and a beta of 2.25. The firm has a 50-day moving average price of $4.63 and a two-hundred day moving average price of $4.96.
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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