Teacher Retirement System of Texas Takes $151,000 Position in Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH)

Teacher Retirement System of Texas purchased a new position in shares of Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 33,046 shares of the company’s stock, valued at approximately $151,000.

Other hedge funds have also made changes to their positions in the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in Aveanna Healthcare by 15.7% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 25,171 shares of the company’s stock valued at $115,000 after buying an additional 3,407 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Aveanna Healthcare by 0.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 466,706 shares of the company’s stock valued at $2,133,000 after buying an additional 4,047 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Aveanna Healthcare by 26.0% during the 4th quarter. SG Americas Securities LLC now owns 24,366 shares of the company’s stock worth $111,000 after acquiring an additional 5,031 shares in the last quarter. Intech Investment Management LLC grew its holdings in shares of Aveanna Healthcare by 42.0% in the 4th quarter. Intech Investment Management LLC now owns 18,813 shares of the company’s stock worth $86,000 after acquiring an additional 5,566 shares during the period. Finally, Rhumbline Advisers increased its stake in Aveanna Healthcare by 11.1% in the 4th quarter. Rhumbline Advisers now owns 72,663 shares of the company’s stock valued at $332,000 after purchasing an additional 7,257 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Insider Transactions at Aveanna Healthcare

In other news, major shareholder J.H. Whitney Equity Partners V sold 61,564 shares of the business’s stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $5.51, for a total transaction of $339,217.64. Following the completion of the sale, the insider now owns 1,453,948 shares in the company, valued at approximately $8,011,253.48. The trade was a 4.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 7.80% of the company’s stock.

Aveanna Healthcare Stock Up 2.9 %

NASDAQ:AVAH opened at $5.62 on Thursday. The company has a market cap of $1.10 billion, a P/E ratio of -16.53 and a beta of 2.25. The firm’s 50 day moving average is $4.77 and its two-hundred day moving average is $4.96. Aveanna Healthcare Holdings Inc. has a fifty-two week low of $2.11 and a fifty-two week high of $6.19.

Wall Street Analyst Weigh In

A number of brokerages recently commented on AVAH. UBS Group raised their target price on shares of Aveanna Healthcare from $3.20 to $4.50 and gave the company a “sell” rating in a report on Friday, March 14th. Truist Financial reduced their target price on shares of Aveanna Healthcare from $6.00 to $5.25 and set a “hold” rating on the stock in a report on Monday, January 6th.

About Aveanna Healthcare

Aveanna Healthcare Holdings Inc, a diversified home care platform company, provides pediatric and adult healthcare 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 or skilled nursing facilities.