Avantor, Inc. (NYSE:AVTR) EVP James Bramwell Sells 6,112 Shares

Avantor, Inc. (NYSE:AVTR) EVP James Bramwell sold 6,112 shares of Avantor stock in a transaction on Tuesday, July 20th. The stock was sold at an average price of $37.00, for a total transaction of $226,144.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

James Bramwell also recently made the following trade(s):

  • On Friday, July 9th, James Bramwell sold 18,331 shares of Avantor stock. The stock was sold at an average price of $35.61, for a total transaction of $652,766.91.

AVTR opened at $36.84 on Thursday. The company has a market cap of $21.45 billion, a PE ratio of 34.72, a P/E/G ratio of 1.56 and a beta of 1.79. Avantor, Inc. has a 12 month low of $18.27 and a 12 month high of $37.35. The company has a fifty day moving average of $33.81. The company has a quick ratio of 1.17, a current ratio of 1.80 and a debt-to-equity ratio of 2.56.

Avantor (NYSE:AVTR) last posted its quarterly earnings data on Tuesday, April 27th. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.28 by $0.07. The business had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.70 billion. Avantor had a net margin of 3.51% and a return on equity of 41.17%. The firm’s revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.17 EPS. As a group, equities research analysts predict that Avantor, Inc. will post 1.27 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of AVTR. Price T Rowe Associates Inc. MD lifted its position in Avantor by 30.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 67,163,849 shares of the company’s stock valued at $1,890,662,000 after acquiring an additional 15,742,336 shares in the last quarter. Canada Pension Plan Investment Board increased its stake in Avantor by 825.7% in the 4th quarter. Canada Pension Plan Investment Board now owns 11,571,479 shares of the company’s stock valued at $325,737,000 after buying an additional 10,321,479 shares during the last quarter. Norges Bank acquired a new stake in Avantor in the 4th quarter valued at $246,656,000. Viking Global Investors LP increased its stake in Avantor by 62.6% in the 4th quarter. Viking Global Investors LP now owns 13,358,729 shares of the company’s stock valued at $376,048,000 after buying an additional 5,141,022 shares during the last quarter. Finally, Parnassus Investments CA acquired a new stake in Avantor in the 1st quarter valued at $146,515,000. 92.68% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have commented on the stock. Robert W. Baird lifted their target price on shares of Avantor from $32.00 to $36.00 and gave the stock an “outperform” rating in a report on Thursday, April 29th. Credit Suisse Group lifted their target price on shares of Avantor from $37.00 to $39.00 and gave the stock an “outperform” rating in a report on Thursday, April 29th. JPMorgan Chase & Co. lifted their target price on shares of Avantor from $35.00 to $40.00 and gave the stock an “overweight” rating in a report on Thursday, April 29th. Morgan Stanley lifted their target price on shares of Avantor from $35.00 to $38.00 and gave the stock an “overweight” rating in a report on Thursday, April 29th. Finally, Piper Sandler lifted their price target on shares of Avantor from $28.00 to $32.00 and gave the stock a “neutral” rating in a research report on Thursday, April 29th. One investment analyst has rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Avantor has an average rating of “Buy” and an average price target of $35.29.

About Avantor

Avantor, Inc is a provider of mission critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries. It sells materials & consumables, equipment & instrumentation and services & specialty procurement. It operates through the following segments: the Americas, Europe, and AMEA.

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