65,824 Shares in Varex Imaging Co. (NASDAQ:VREX) Bought by XTX Topco Ltd

XTX Topco Ltd purchased a new stake in Varex Imaging Co. (NASDAQ:VREX) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 65,824 shares of the company’s stock, valued at approximately $785,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Assenagon Asset Management S.A. raised its holdings in shares of Varex Imaging by 37.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 185,506 shares of the company’s stock valued at $2,211,000 after purchasing an additional 50,382 shares during the period. Rice Hall James & Associates LLC bought a new stake in Varex Imaging in the third quarter valued at approximately $1,150,000. PDT Partners LLC acquired a new stake in shares of Varex Imaging in the third quarter valued at approximately $1,802,000. Weiss Asset Management LP bought a new position in shares of Varex Imaging during the 3rd quarter worth approximately $2,593,000. Finally, Deerfield Management Company L.P. Series C acquired a new position in shares of Varex Imaging during the 2nd quarter worth approximately $971,000.

Varex Imaging Price Performance

Shares of NASDAQ VREX opened at $15.50 on Thursday. The business’s 50 day moving average is $13.91 and its 200-day moving average is $13.56. The firm has a market cap of $637.05 million, a P/E ratio of -13.25 and a beta of 0.60. Varex Imaging Co. has a 1-year low of $10.19 and a 1-year high of $21.50. The company has a current ratio of 3.32, a quick ratio of 1.97 and a debt-to-equity ratio of 0.72.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. B. Riley started coverage on Varex Imaging in a report on Friday, August 23rd. They set a “buy” rating and a $21.00 price target for the company. StockNews.com raised shares of Varex Imaging from a “hold” rating to a “buy” rating in a report on Wednesday, November 27th.

Varex Imaging Company Profile

Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers.