Anteris Technologies Global Corp. (NASDAQ:AVR – Get Free Report)’s share price traded down 4.3% during trading on Wednesday following a dissappointing earnings announcement. The stock traded as low as $8.59 and last traded at $8.7750. 108,992 shares traded hands during trading, a decline of 91% from the average session volume of 1,171,928 shares. The stock had previously closed at $9.17.
The company reported ($0.30) earnings per share for the quarter, missing the consensus estimate of ($0.21) by ($0.09). The company had revenue of $1.01 million during the quarter, compared to analyst estimates of $1.50 million. Anteris Technologies Global had a negative return on equity of 124.76% and a negative net margin of 5,148.78%.During the same quarter last year, the firm posted ($0.58) earnings per share.
Trending Headlines about Anteris Technologies Global
Here are the key news stories impacting Anteris Technologies Global this week:
- Positive Sentiment: Anteris secured U.S. Medicare reimbursement eligibility under a Centers for Medicare & Medicaid Services national coverage policy for eligible procedures in its global pivotal PARADIGM Trial. The policy could improve trial participation and reduce reimbursement-related barriers at U.S. sites. Anteris Technologies Announces Results for the Second Quarter of 2026
- Positive Sentiment: Quarterly EPS improved from a loss of $0.58 in the year-ago period to a loss of $0.30, suggesting year-over-year progress despite the company remaining unprofitable.
- Neutral Sentiment: Analysts continue to project a full-year loss of approximately $1.14 per share, underscoring that AVR remains a development-stage medical-device company whose valuation depends heavily on clinical and regulatory execution.
- Negative Sentiment: Second-quarter results missed expectations: the company reported a $0.30 per-share loss versus the consensus loss estimate of $0.21, while revenue of $1.01 million fell short of the $1.50 million estimate. Anteris also reported an extremely negative net margin and return on equity. Anteris Technologies Announces Results for the Second Quarter of 2026
- Negative Sentiment: Major shareholder L1 Capital Pty Ltd sold 375,815 shares for about $3.50 million on August 11 and 251,844 shares for approximately $2.29 million on August 10. These transactions reduced its position by 7.25% and 4.63%, respectively, following additional recent sales. Repeated large-holder selling may weigh on investor sentiment and increase perceived supply overhang. SEC Filing
Wall Street Analyst Weigh In
Get Our Latest Stock Report on Anteris Technologies Global
Insider Activity at Anteris Technologies Global
In other news, major shareholder L1 Capital Pty Ltd sold 558,633 shares of the stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $8.20, for a total value of $4,580,790.60. Following the completion of the sale, the insider directly owned 6,633,314 shares of the company’s stock, valued at approximately $54,393,174.80. This represents a 7.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 3,000,659 shares of company stock worth $25,174,702 in the last three months. 4.50% of the stock is owned by insiders.
Hedge Funds Weigh In On Anteris Technologies Global
Several large investors have recently bought and sold shares of the stock. Russell Investments Group Ltd. grew its position in Anteris Technologies Global by 76.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 6,536 shares of the company’s stock worth $29,000 after purchasing an additional 2,841 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Anteris Technologies Global in the first quarter valued at about $32,000. BNP Paribas Financial Markets grew its position in Anteris Technologies Global by 83.3% during the third quarter. BNP Paribas Financial Markets now owns 9,469 shares of the company’s stock worth $43,000 after buying an additional 4,302 shares in the last quarter. Bank of America Corp DE grew its position in Anteris Technologies Global by 35.7% during the third quarter. Bank of America Corp DE now owns 10,631 shares of the company’s stock worth $48,000 after buying an additional 2,798 shares in the last quarter. Finally, Duncan Williams Asset Management LLC bought a new position in Anteris Technologies Global during the fourth quarter valued at about $54,000.
Anteris Technologies Global Price Performance
The firm has a 50 day moving average of $9.15 and a 200-day moving average of $7.33. The stock has a market capitalization of $853.09 million, a P/E ratio of -3.92 and a beta of 1.78.
Anteris Technologies Global Company Profile
Anteris Technologies Global Corp. engages in the development and commercialization of medical devices for heart diseases. The company was founded in 1999 and is headquartered in Eagan, MN.
Further Reading
- Five stocks we like better than Anteris Technologies Global
- Hims & Hers’ Revenue Beat Came With a Profitability Problem
- A Westinghouse IPO Could Reset the Nuclear Stock Conversation
- Fastly’s Q2 Rally Shows Investors Are Buying the Edge AI Turnaround
- Paramount’s 30-Film Promise Puts AMC Back in the Box Office Conversation
Receive News & Ratings for Anteris Technologies Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anteris Technologies Global and related companies with MarketBeat.com's FREE daily email newsletter.
