Jane Street Group LLC increased its position in shares of Varex Imaging Co. (NASDAQ:VREX - Free Report) by 230.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 551,157 shares of the company's stock after purchasing an additional 384,448 shares during the period. Jane Street Group LLC owned about 1.35% of Varex Imaging worth $6,570,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Innealta Capital LLC bought a new stake in Varex Imaging during the 2nd quarter worth about $26,000. Canada Pension Plan Investment Board bought a new position in Varex Imaging during the second quarter worth about $38,000. Quest Partners LLC acquired a new position in shares of Varex Imaging during the 3rd quarter worth about $41,000. CWM LLC raised its holdings in Varex Imaging by 2,384.2% in the third quarter. CWM LLC now owns 9,589 shares of the company's stock worth $114,000 after purchasing an additional 9,203 shares during the period. Finally, Price T Rowe Associates Inc. MD bought a new position in shares of Varex Imaging during the first quarter worth $207,000.
Analyst Upgrades and Downgrades
VREX has been the subject of a number of research analyst reports. StockNews.com raised Varex Imaging from a "hold" rating to a "buy" rating in a research note on Wednesday, November 27th. B. Riley initiated coverage on shares of Varex Imaging in a report on Friday, August 23rd. They set a "buy" rating and a $21.00 price objective on the stock.
Get Our Latest Analysis on Varex Imaging
Varex Imaging Stock Down 0.5 %
VREX traded down $0.08 during trading hours on Friday, hitting $15.44. 326,307 shares of the company's stock were exchanged, compared to its average volume of 737,915. Varex Imaging Co. has a 1-year low of $10.19 and a 1-year high of $21.50. The stock has a market cap of $634.58 million, a price-to-earnings ratio of -13.20 and a beta of 0.60. The company has a quick ratio of 1.97, a current ratio of 3.32 and a debt-to-equity ratio of 0.72. The stock's 50-day moving average is $14.07 and its two-hundred day moving average is $13.57.
Varex Imaging Company Profile
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Free Report)
Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers.
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