Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH – Get Rating) Director Steven E. Rodgers purchased 30,000 shares of the stock in a transaction that occurred on Tuesday, May 17th. The stock was acquired at an average cost of $2.84 per share, with a total value of $85,200.00. Following the completion of the acquisition, the director now directly owns 30,000 shares of the company’s stock, valued at $85,200. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Shares of NASDAQ AVAH traded up $0.21 during mid-day trading on Thursday, hitting $2.93. 646,643 shares of the company were exchanged, compared to its average volume of 540,272. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.84. The stock has a 50 day simple moving average of $3.68 and a 200-day simple moving average of $5.45. Aveanna Healthcare Holdings Inc. has a 1-year low of $2.09 and a 1-year high of $13.00. The firm has a market cap of $541.26 million and a price-to-earnings ratio of -5.65.
Aveanna Healthcare (NASDAQ:AVAH – Get Rating) last issued its quarterly earnings results on Monday, March 28th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.01). Aveanna Healthcare had a positive return on equity of 8.90% and a negative net margin of 5.70%. The company had revenue of $414.07 million for the quarter, compared to analyst estimates of $420.19 million. Analysts anticipate that Aveanna Healthcare Holdings Inc. will post 0.36 earnings per share for the current fiscal year.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Nut Tree Capital Management LP raised its position in Aveanna Healthcare by 40.2% in the fourth quarter. Nut Tree Capital Management LP now owns 5,435,479 shares of the company’s stock worth $40,223,000 after acquiring an additional 1,557,591 shares in the last quarter. Principal Financial Group Inc. raised its position in Aveanna Healthcare by 82.2% in the fourth quarter. Principal Financial Group Inc. now owns 2,325,176 shares of the company’s stock worth $17,207,000 after acquiring an additional 1,048,779 shares in the last quarter. Vaughan Nelson Investment Management L.P. raised its position in Aveanna Healthcare by 23.5% in the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 5,354,228 shares of the company’s stock worth $39,621,000 after acquiring an additional 1,018,895 shares in the last quarter. Westwood Holdings Group Inc. raised its position in Aveanna Healthcare by 24.9% in the fourth quarter. Westwood Holdings Group Inc. now owns 4,163,789 shares of the company’s stock worth $30,812,000 after acquiring an additional 829,270 shares in the last quarter. Finally, LGT Capital Partners LTD. raised its position in Aveanna Healthcare by 41.5% in the first quarter. LGT Capital Partners LTD. now owns 1,450,000 shares of the company’s stock worth $4,944,000 after acquiring an additional 425,000 shares in the last quarter. 95.00% of the stock is owned by hedge funds and other institutional investors.
Aveanna Healthcare Company Profile (Get Rating)
Aveanna Healthcare Holdings Inc, a diversified home care platform company, provides private duty nursing (PDN), adult home health and hospice, home-based pediatric therapy, and enteral nutrition 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.
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