Avantor, Inc. (NYSE:AVTR) EVP Frederic Vanderhaegen sold 80,000 shares of the stock in a transaction dated Friday, November 12th. The stock was sold at an average price of $38.25, for a total transaction of $3,060,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of AVTR stock traded up $0.46 during mid-day trading on Monday, reaching $38.49. 3,885,619 shares of the company’s stock traded hands, compared to its average volume of 4,096,803. Avantor, Inc. has a 12 month low of $25.57 and a 12 month high of $44.37. The company has a market cap of $23.46 billion, a P/E ratio of 48.92, a P/E/G ratio of 1.17 and a beta of 1.60. The company has a quick ratio of 2.06, a current ratio of 2.70 and a debt-to-equity ratio of 1.79. The company’s 50-day moving average price is $40.22 and its 200-day moving average price is $36.94.
Avantor (NYSE:AVTR) last posted its earnings results on Wednesday, October 27th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.03. The business had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.84 billion. Avantor had a net margin of 7.07% and a return on equity of 39.88%. The business’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.24 EPS. Equities analysts predict that Avantor, Inc. will post 1.38 earnings per share for the current year.
A number of institutional investors have recently added to or reduced their stakes in AVTR. Teacher Retirement System of Texas boosted its position in shares of Avantor by 8.6% during the 2nd quarter. Teacher Retirement System of Texas now owns 136,159 shares of the company’s stock valued at $4,835,000 after acquiring an additional 10,812 shares during the last quarter. Metropolitan Life Insurance…
