Pictet Asset Management SA Acquires New Shares in Azenta, Inc. (NASDAQ:AZTA)

Pictet Asset Management SA acquired a new stake in Azenta, Inc. (NASDAQ:AZTAGet Rating) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,139 shares of the company’s stock, valued at approximately $371,000.

Other large investors have also recently added to or reduced their stakes in the company. Vigilant Capital Management LLC acquired a new position in Azenta in the second quarter valued at approximately $25,000. Glassman Wealth Services purchased a new stake in Azenta in the second quarter valued at approximately $25,000. Castle Wealth Management LLC purchased a new stake in Azenta in the second quarter valued at approximately $34,000. Assetmark Inc. purchased a new stake in Azenta in the second quarter valued at approximately $39,000. Finally, Tompkins Financial Corp purchased a new stake in Azenta in the second quarter valued at approximately $43,000. 97.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

AZTA has been the topic of a number of research analyst reports. Needham & Company LLC boosted their target price on Azenta from $74.00 to $78.00 and gave the company a “buy” rating in a research report on Tuesday, November 15th. TheStreet lowered Azenta from a “c-” rating to a “d+” rating in a research report on Thursday, September 1st. Evercore ISI cut their target price on Azenta to $68.00 in a research report on Monday, August 15th. Stephens upped their price objective on Azenta from $60.00 to $65.00 in a research report on Thursday, November 17th. Finally, KeyCorp cut their price objective on Azenta from $90.00 to $70.00 and set an “overweight” rating on the stock in a research report on Monday, October 24th. Four equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $72.60.

Azenta Trading Up 1.8 %

Azenta stock opened at $58.51 on Thursday. Azenta, Inc. has a twelve month low of $37.61 and a twelve month high of $118.13. The stock’s fifty day simple moving average is $46.02 and its 200-day simple moving average is $59.53. The firm has a market capitalization of $4.39 billion, a P/E ratio of 2.07 and a beta of 1.52.

About Azenta

(Get Rating)

Azenta, Inc provides life science sample exploration and management solutions for the life sciences market in North America, Europe, China, the Asia Pacific, and internationally. The company operates through two reportable segments, Life Sciences Products and Life Sciences Services. The Life Sciences Products segment offers automated cold sample management systems for compound and biological sample storage; equipment for sample preparation and handling; consumables; and instruments that help customers in managing samples throughout their research discovery and development workflows.

Read More

Want to see what other hedge funds are holding AZTA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Azenta, Inc. (NASDAQ:AZTAGet Rating).

Institutional Ownership by Quarter for Azenta (NASDAQ:AZTA)

Receive News & Ratings for Azenta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Azenta and related companies with MarketBeat.com's FREE daily email newsletter.