65,824 Shares in Varex Imaging Co. (NASDAQ:VREX) Bought by XTX Topco Ltd

XTX Topco Ltd purchased a new stake in Varex Imaging Co. (NASDAQ:VREX - Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 65,824 shares of the company's stock, valued at approximately $785,000. XTX Topco Ltd owned 0.16% of Varex Imaging at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Innealta Capital LLC bought a new stake in shares of Varex Imaging during the second quarter valued at approximately $26,000. Canada Pension Plan Investment Board acquired a new position in Varex Imaging during the 2nd quarter valued at about $38,000. Quest Partners LLC acquired a new position in Varex Imaging during the 3rd quarter valued at about $41,000. CWM LLC boosted its stake in shares of Varex Imaging by 2,384.2% in the 3rd quarter. CWM LLC now owns 9,589 shares of the company's stock valued at $114,000 after purchasing an additional 9,203 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD bought a new stake in shares of Varex Imaging during the first quarter worth approximately $207,000.

Varex Imaging Price Performance

Shares of VREX stock traded up $0.02 on Thursday, hitting $15.52. 407,414 shares of the stock were exchanged, compared to its average volume of 508,626. The business has a 50-day moving average of $13.91 and a 200 day moving average of $13.56. The company has a quick ratio of 1.97, a current ratio of 3.32 and a debt-to-equity ratio of 0.72. Varex Imaging Co. has a fifty-two week low of $10.19 and a fifty-two week high of $21.50.

Wall Street Analysts Forecast Growth

VREX has been the topic of several 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 started coverage on shares of Varex Imaging in a report on Friday, August 23rd. They issued a "buy" rating and a $21.00 price target for the company.

Varex Imaging Profile

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.