Varex Imaging $VREX Shares Purchased by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. boosted its stake in shares of Varex Imaging (NASDAQ:VREX) by 79.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 532,748 shares of the company’s stock after buying an additional 236,620 shares during the quarter. Assenagon Asset Management S.A. owned 1.27% of Varex Imaging worth $6,207,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company grew its holdings in shares of Varex Imaging by 10.4% during the second quarter. The Manufacturers Life Insurance Company now owns 15,302 shares of the company’s stock worth $133,000 after purchasing an additional 1,442 shares during the last quarter. Comerica Bank raised its holdings in Varex Imaging by 9.3% in the 3rd quarter. Comerica Bank now owns 20,363 shares of the company’s stock valued at $253,000 after buying an additional 1,726 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in Varex Imaging by 18.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 13,045 shares of the company’s stock valued at $113,000 after buying an additional 2,036 shares during the last quarter. State of Alaska Department of Revenue acquired a new stake in Varex Imaging during the 3rd quarter worth approximately $27,000. Finally, Nebula Research & Development LLC boosted its position in Varex Imaging by 11.0% during the 2nd quarter. Nebula Research & Development LLC now owns 22,795 shares of the company’s stock worth $198,000 after buying an additional 2,250 shares during the period.

Varex Imaging Stock Down 0.5%

Shares of NASDAQ:VREX opened at $10.73 on Friday. Varex Imaging has a 1 year low of $6.76 and a 1 year high of $14.56. The company has a debt-to-equity ratio of 0.75, a current ratio of 3.89 and a quick ratio of 1.87. The business’s 50-day moving average is $12.82 and its 200-day moving average is $12.22. The company has a market capitalization of $449.59 million, a price-to-earnings ratio of -6.54 and a beta of 0.88.

Varex Imaging (NASDAQ:VREX) last released its earnings results on Tuesday, February 10th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.14 by $0.05. The business had revenue of $209.60 million during the quarter, compared to analysts’ expectations of $207.83 million. Varex Imaging had a positive return on equity of 8.43% and a negative net margin of 7.92%.Varex Imaging has set its Q2 2026 guidance at 0.150-0.250 EPS. Equities research analysts predict that Varex Imaging will post 0.53 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on VREX. Jefferies Financial Group reiterated a “hold” rating and set a $14.50 price target on shares of Varex Imaging in a report on Monday, February 2nd. Wall Street Zen upgraded Varex Imaging from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. B. Riley Financial reaffirmed a “buy” rating on shares of Varex Imaging in a research report on Thursday, February 12th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Varex Imaging in a report on Monday, December 29th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $16.17.

Insider Buying and Selling at Varex Imaging

In other news, Director Jay K. Kunkel sold 4,510 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $11.14, for a total transaction of $50,241.40. Following the transaction, the director directly owned 23,450 shares of the company’s stock, valued at $261,233. This represents a 16.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 4.60% of the stock is owned by insiders.

About Varex Imaging

Varex Imaging Corporation is a global provider of X-ray imaging components and solutions for the medical, security and industrial markets. The company designs, develops and manufactures a broad range of products that convert X-ray energy into high-resolution digital images. Its portfolio includes X-ray tubes, flat panel detectors, digital sensors, specialty radiographic tubes and related software, all engineered to meet the demanding requirements of original equipment manufacturers (OEMs) in diagnostic imaging, computed tomography (CT), fluoroscopy, mammography, dental radiography and non-destructive testing applications.

The company’s medical imaging offerings support a wide spectrum of clinical modalities, from portable radiography systems to advanced CT scanners, enhancing image quality and dose efficiency for healthcare providers.