Insider Buying: Avantor (NYSE:AVTR) Director Acquires 50,000 Shares of Stock

Avantor, Inc. (NYSE:AVTRGet Free Report) Director Gregory Lucier purchased 50,000 shares of Avantor stock in a transaction on Thursday, February 19th. The shares were acquired at an average cost of $9.16 per share, for a total transaction of $458,000.00. Following the purchase, the director owned 50,000 shares in the company, valued at approximately $458,000. This trade represents a ? increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Avantor Trading Down 1.6%

Avantor stock traded down $0.14 during trading on Monday, hitting $8.89. The company’s stock had a trading volume of 11,904,095 shares, compared to its average volume of 14,384,350. The stock’s fifty day moving average is $11.19 and its 200 day moving average is $12.10. Avantor, Inc. has a 1-year low of $8.83 and a 1-year high of $18.02. The stock has a market capitalization of $6.06 billion, a price-to-earnings ratio of -11.40, a P/E/G ratio of 3.56 and a beta of 0.94. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.18 and a current ratio of 1.78.

Avantor (NYSE:AVTRGet Free Report) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.21 by $0.01. The company had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.64 billion. Avantor had a positive return on equity of 10.45% and a negative net margin of 8.09%.The firm’s revenue was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.27 EPS. Avantor has set its FY 2026 guidance at 0.770-0.830 EPS. As a group, equities research analysts predict that Avantor, Inc. will post 1.06 EPS for the current year.

Institutional Investors Weigh In On Avantor

A number of large investors have recently added to or reduced their stakes in AVTR. TD Private Client Wealth LLC boosted its holdings in shares of Avantor by 9.2% during the 3rd quarter. TD Private Client Wealth LLC now owns 7,985 shares of the company’s stock worth $100,000 after buying an additional 670 shares during the period. Private Trust Co. NA grew its position in shares of Avantor by 46.2% in the fourth quarter. Private Trust Co. NA now owns 2,769 shares of the company’s stock valued at $32,000 after purchasing an additional 875 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Avantor by 28.1% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,123 shares of the company’s stock valued at $49,000 after purchasing an additional 905 shares during the last quarter. TD Waterhouse Canada Inc. increased its stake in shares of Avantor by 2.5% in the third quarter. TD Waterhouse Canada Inc. now owns 38,977 shares of the company’s stock worth $532,000 after purchasing an additional 966 shares during the period. Finally, SG Americas Securities LLC lifted its position in shares of Avantor by 2.7% during the 2nd quarter. SG Americas Securities LLC now owns 37,078 shares of the company’s stock worth $499,000 after purchasing an additional 979 shares during the last quarter. Institutional investors own 95.08% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on AVTR. UBS Group reiterated a “neutral” rating and issued a $10.50 target price on shares of Avantor in a report on Thursday, February 12th. Jefferies Financial Group reiterated an “underperform” rating and set a $8.00 target price on shares of Avantor in a report on Thursday, February 12th. Stifel Nicolaus set a $10.00 price target on shares of Avantor in a research report on Thursday, February 12th. Raymond James Financial lowered shares of Avantor from an “outperform” rating to a “market perform” rating in a research report on Tuesday, November 4th. Finally, Evercore set a $10.00 price objective on Avantor in a research note on Wednesday, February 11th. Three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $11.83.

Check Out Our Latest Stock Analysis on AVTR

About Avantor

(Get Free Report)

Avantor, Inc (NYSE:AVTR) is a global provider of mission-critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries. The company delivers essential solutions that support research, development, production and safety applications. Its product portfolio spans from high-purity chemicals and reagents to biologics and cell culture media, as well as lab equipment, consumables and custom manufacturing services.

Avantor’s offerings are organized across two primary segments.

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Insider Buying and Selling by Quarter for Avantor (NYSE:AVTR)

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