Charles Schwab Investment Management Inc. Acquires New Holdings in Innventure, Inc. (NASDAQ:INV)

Charles Schwab Investment Management Inc. acquired a new position in Innventure, Inc. (NASDAQ:INV - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 155,995 shares of the company's stock, valued at approximately $2,161,000. Charles Schwab Investment Management Inc. owned about 0.31% of Innventure at the end of the most recent quarter.

Innventure Stock Performance

INV stock traded down $0.98 during midday trading on Wednesday, reaching $5.62. The company's stock had a trading volume of 55,003 shares, compared to its average volume of 46,777. The stock's 50-day moving average price is $9.54. Innventure, Inc. has a 52 week low of $5.60 and a 52 week high of $18.75.

Wall Street Analyst Weigh In

INV has been the subject of a number of analyst reports. Roth Mkm began coverage on Innventure in a report on Thursday, January 23rd. They set a "buy" rating and a $16.00 price objective for the company. Roth Capital upgraded Innventure to a "strong-buy" rating in a research report on Thursday, January 23rd. Northland Securities initiated coverage on Innventure in a report on Wednesday, March 12th. They issued an "outperform" rating and a $12.00 price target on the stock. Finally, Northland Capmk raised Innventure to a "strong-buy" rating in a report on Wednesday, March 12th.

Innventure Profile

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.