L1 Capital Pty Ltd, 10% Owner at Anteris Technologies Global Corp. (AVR), bought 884,809 shares at $7.78 ($6.7M) on 2026-10-02, disclosed to the SEC on 2026-10-06.
L1 Capital Pty Ltd purchased 236,354 shares for $1.84M at $7.78, marking the largest insider purchase in the company's history. This significant accumulation comes as the stock trades near a 52-week low, potentially signaling a contrarian bet on the medical device maker's recovery.
The stock is down 16.69% over the last 30 days and is currently trading 31.58% below its 52-week high of $11.02, offering a deep discount relative to its 52-week low of $3.30.
Coming off a 71.36% one-year gain, the next earnings date is required to validate the stock's valuation; additionally, the 9.41% short interest suggests a potential short squeeze if the company delivers positive news.
The forward P/E of -7.55 indicates the market expects continued losses, and the stock has underperformed its sector recently, presenting execution risks for any turnaround narrative.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $7.78 | 236,354 | $1.8M | 27.4% |
| 2 | $7.51 | 648,455 | $4.9M | 72.6% |
| Total | $7.58 avg | 884,809 | $6.7M | 100% |
| Filing → |