Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH - Get Free Report) major shareholder J.H. Whitney Equity Partners V sold 5,580 shares of the company's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $5.63, for a total value of $31,415.40. Following the sale, the insider now directly owns 1,451,598 shares of the company's stock, valued at approximately $8,172,496.74. This represents a 0.38 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own 10% or more of a company's stock are required to disclose their transactions with the SEC.
J.H. Whitney Equity Partners V also recently made the following trade(s):
- On Monday, March 24th, J.H. Whitney Equity Partners V sold 268 shares of Aveanna Healthcare stock. The stock was sold at an average price of $5.63, for a total value of $1,508.84.
- On Tuesday, March 18th, J.H. Whitney Equity Partners V sold 61,564 shares of Aveanna Healthcare stock. The stock was sold at an average price of $5.51, for a total transaction of $339,217.64.
Aveanna Healthcare Stock Performance
Shares of AVAH opened at $5.32 on Friday. The company has a market capitalization of $1.04 billion, a PE ratio of -15.65 and a beta of 2.25. The company's 50 day moving average price is $4.78 and its 200 day moving average price is $4.97. Aveanna Healthcare Holdings Inc. has a 52 week low of $2.11 and a 52 week high of $6.19.
Hedge Funds Weigh In On Aveanna Healthcare
Several institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its position in Aveanna Healthcare by 266.4% during the third quarter. JPMorgan Chase & Co. now owns 85,714 shares of the company's stock valued at $446,000 after purchasing an additional 62,319 shares during the last quarter. State Street Corp raised its stake in shares of Aveanna Healthcare by 0.9% during the 3rd quarter. State Street Corp now owns 1,039,920 shares of the company's stock worth $5,408,000 after purchasing an additional 9,446 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of Aveanna Healthcare during the 3rd quarter worth about $92,000. Barclays PLC lifted its holdings in shares of Aveanna Healthcare by 80.1% during the 3rd quarter. Barclays PLC now owns 122,689 shares of the company's stock valued at $637,000 after buying an additional 54,557 shares during the last quarter. Finally, Rhumbline Advisers grew its stake in shares of Aveanna Healthcare by 11.1% in the 4th quarter. Rhumbline Advisers now owns 72,663 shares of the company's stock valued at $332,000 after buying an additional 7,257 shares in the last quarter. 87.96% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several brokerages recently commented on AVAH. UBS Group upped their price target on shares of Aveanna Healthcare from $3.20 to $4.50 and gave the company a "sell" rating in a research report on Friday, March 14th. Truist Financial reduced their target price on Aveanna Healthcare from $6.00 to $5.25 and set a "hold" rating for the company in a report on Monday, January 6th.
Get Our Latest Report on Aveanna Healthcare
Aveanna Healthcare Company Profile
(
Get 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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