Innventure, Inc. $INV Shares Acquired by Yorkville Advisors Global LP

Yorkville Advisors Global LP lifted its position in Innventure, Inc. (NASDAQ:INV) by 17,166.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,295,000 shares of the company’s stock after buying an additional 1,287,500 shares during the quarter. Innventure comprises approximately 3.4% of Yorkville Advisors Global LP’s holdings, making the stock its 6th largest position. Yorkville Advisors Global LP’s holdings in Innventure were worth $5,413,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of INV. WESPAC Advisors LLC acquired a new stake in shares of Innventure in the fourth quarter worth $42,000. Diversify Advisory Services LLC acquired a new position in Innventure during the 4th quarter valued at $44,000. Carmel Capital Partners LLC acquired a new position in Innventure during the 4th quarter valued at $63,000. Robertson Stephens Wealth Management LLC acquired a new position in Innventure during the 4th quarter valued at $90,000. Finally, Goldman Sachs Group Inc. raised its stake in Innventure by 16.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 32,924 shares of the company’s stock valued at $138,000 after purchasing an additional 4,638 shares during the last quarter. 55.98% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Wall Street Zen upgraded shares of Innventure from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Weiss Ratings upgraded shares of Innventure from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Innventure currently has a consensus rating of “Sell” and a consensus price target of $8.00.

Innventure Trading Down 4.2%

Shares of Innventure stock opened at $6.56 on Thursday. The firm has a market capitalization of $551.30 million, a PE ratio of -2.33 and a beta of 0.38. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.37 and a quick ratio of 1.34. The company’s fifty day moving average price is $5.67 and its two-hundred day moving average price is $4.55. Innventure, Inc. has a 52-week low of $2.36 and a 52-week high of $7.86.

Innventure (NASDAQ:INV) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($0.26) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.36) by $0.10. The firm had revenue of ($3.53) million for the quarter, compared to analyst estimates of $1.65 million. Innventure had a negative net margin of 5,225.19% and a negative return on equity of 34.73%. On average, analysts expect that Innventure, Inc. will post -0.9 EPS for the current year.

Insider Transactions at Innventure

In other Innventure news, Director Daniel J. Hennessy sold 582,139 shares of the business’s stock in a transaction on Monday, April 20th. The shares were sold at an average price of $5.52, for a total value of $3,213,407.28. Following the sale, the director owned 182,358 shares of the company’s stock, valued at $1,006,616.16. The trade was a 76.15% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 23.64% of the stock is owned by company insiders.

Innventure Profile

Innventure Inc founds, funds and operates companies with a focus on transformative, sustainable technology solutions acquired or licensed from multinational corporations. Innventure Inc, formerly known as Learn CW Investment Corporation, is based in ORLANDO, Fla.