Jacobs Levy Equity Management Inc. raised its position in Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH - Free Report) by 297.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 355,340 shares of the company's stock after acquiring an additional 265,969 shares during the quarter. Jacobs Levy Equity Management Inc. owned approximately 0.18% of Aveanna Healthcare worth $1,848,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Aveanna Healthcare during the third quarter valued at approximately $817,000. Renaissance Technologies LLC raised its stake in Aveanna Healthcare by 155.8% in the second quarter. Renaissance Technologies LLC now owns 158,600 shares of the company's stock worth $438,000 after buying an additional 96,600 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in Aveanna Healthcare by 176.6% in the second quarter. Acadian Asset Management LLC now owns 81,275 shares of the company's stock worth $222,000 after buying an additional 51,890 shares during the period. Vanguard Group Inc. boosted its position in Aveanna Healthcare by 1.8% during the 1st quarter. Vanguard Group Inc. now owns 2,571,251 shares of the company's stock valued at $6,402,000 after acquiring an additional 44,970 shares in the last quarter. Finally, Centiva Capital LP purchased a new position in shares of Aveanna Healthcare during the 3rd quarter worth approximately $138,000. Hedge funds and other institutional investors own 87.96% of the company's stock.
Aveanna Healthcare Stock Performance
Shares of AVAH traded down $0.12 on Friday, reaching $5.36. The stock had a trading volume of 133,649 shares, compared to its average volume of 315,389. Aveanna Healthcare Holdings Inc. has a 12-month low of $2.00 and a 12-month high of $6.19. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of -15.76 and a beta of 2.20. The company has a 50-day simple moving average of $5.24 and a 200-day simple moving average of $4.39.
Aveanna Healthcare (NASDAQ:AVAH - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.01) by $0.03. The firm had revenue of $509.02 million during the quarter, compared to the consensus estimate of $495.80 million. During the same quarter last year, the company posted ($0.05) EPS. On average, analysts expect that Aveanna Healthcare Holdings Inc. will post -0.08 EPS for the current fiscal year.
Aveanna Healthcare Profile
(
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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