Capital Fund Management S.A. Purchases 41,916 Shares of Azenta, Inc. (NASDAQ:AZTA)

Capital Fund Management S.A. increased its position in Azenta, Inc. (NASDAQ:AZTA - Free Report) by 96.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 85,448 shares of the company's stock after purchasing an additional 41,916 shares during the period. Capital Fund Management S.A. owned about 0.19% of Azenta worth $4,272,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AZTA. Ballentine Partners LLC boosted its position in shares of Azenta by 2.0% in the fourth quarter. Ballentine Partners LLC now owns 20,340 shares of the company's stock worth $1,017,000 after buying an additional 404 shares during the period. Picton Mahoney Asset Management lifted its stake in Azenta by 305.7% in the 4th quarter. Picton Mahoney Asset Management now owns 706 shares of the company's stock worth $35,000 after acquiring an additional 532 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Azenta by 14.9% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,446 shares of the company's stock worth $225,000 after acquiring an additional 576 shares during the period. KBC Group NV grew its stake in Azenta by 48.5% during the 4th quarter. KBC Group NV now owns 2,137 shares of the company's stock valued at $107,000 after acquiring an additional 698 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund increased its holdings in shares of Azenta by 7.0% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 10,700 shares of the company's stock valued at $535,000 after purchasing an additional 702 shares during the period. 99.08% of the stock is currently owned by hedge funds and other institutional investors.

Azenta Trading Down 1.0 %

NASDAQ AZTA traded down $0.25 during trading on Friday, reaching $25.25. The company's stock had a trading volume of 880,637 shares, compared to its average volume of 637,738. The stock has a market capitalization of $1.15 billion, a PE ratio of -8.47 and a beta of 1.66. Azenta, Inc. has a 1-year low of $24.68 and a 1-year high of $63.58. The business has a 50-day moving average price of $37.36 and a 200-day moving average price of $44.15.

Azenta (NASDAQ:AZTA - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.03. Azenta had a negative net margin of 24.91% and a positive return on equity of 1.25%. As a group, analysts expect that Azenta, Inc. will post 0.53 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms recently commented on AZTA. Stephens restated an "overweight" rating and set a $60.00 price target on shares of Azenta in a report on Thursday, January 2nd. Needham & Company LLC boosted their price target on shares of Azenta from $55.00 to $59.00 and gave the company a "buy" rating in a report on Thursday, February 6th. Evercore ISI upped their price target on shares of Azenta from $50.00 to $52.00 and gave the stock an "in-line" rating in a research note on Thursday, February 6th. Finally, TD Cowen raised Azenta to a "hold" rating in a research report on Thursday, February 27th.

Azenta Company Profile

Azenta, Inc provides biological and chemical compound sample exploration and management solutions for the life sciences market in North America, Africa, China, the United Kingdom, rest of Europe, the Asia Pacific, and internationally. The company operates in two reportable segments, Life Sciences Products and Life Sciences Services.