Franklin Resources Inc. lessened its stake in Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH - Free Report) by 65.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 235,865 shares of the company's stock after selling 455,410 shares during the quarter. Franklin Resources Inc. owned about 0.12% of Aveanna Healthcare worth $1,193,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of AVAH. Intech Investment Management LLC purchased a new stake in shares of Aveanna Healthcare during the third quarter worth about $69,000. XTX Topco Ltd acquired a new stake in Aveanna Healthcare during the 3rd quarter valued at approximately $92,000. Virtu Financial LLC purchased a new stake in Aveanna Healthcare during the 3rd quarter worth approximately $99,000. SG Americas Securities LLC purchased a new stake in Aveanna Healthcare during the 3rd quarter worth approximately $101,000. Finally, The Manufacturers Life Insurance Company acquired a new position in shares of Aveanna Healthcare in the 3rd quarter valued at approximately $136,000. Institutional investors and hedge funds own 87.96% of the company's stock.
Aveanna Healthcare Stock Performance
Shares of AVAH stock traded down $0.03 during mid-day trading on Friday, reaching $4.66. 250,111 shares of the company were exchanged, compared to its average volume of 201,158. The company has a market capitalization of $900.43 million, a P/E ratio of -13.71 and a beta of 2.20. The business's 50 day simple moving average is $5.21 and its 200 day simple moving average is $4.63. Aveanna Healthcare Holdings Inc. has a fifty-two week low of $2.00 and a fifty-two week high of $6.19.
Aveanna Healthcare (NASDAQ:AVAH - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.02 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.03. The company had revenue of $509.02 million for the quarter, compared to analyst estimates of $495.80 million. During the same period in the prior year, the business earned ($0.05) earnings per share. On average, analysts forecast that Aveanna Healthcare Holdings Inc. will post -0.08 EPS for the current year.
Aveanna Healthcare Company Profile
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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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