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WINTON GROUP Ltd Purchases Shares of 23,478 Varex Imaging Co. (NASDAQ:VREX)

Defense World ·  Aug 27, 2022 06:11

WINTON GROUP Ltd purchased a new stake in Varex Imaging Co. (NASDAQ:VREX – Get Rating) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 23,478 shares of the company's stock, valued at approximately $500,000. WINTON GROUP Ltd owned approximately 0.06% of Varex Imaging as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Covestor Ltd acquired a new position in Varex Imaging in the 4th quarter valued at approximately $48,000. Advisor Group Holdings Inc. raised its holdings in Varex Imaging by 59.0% in the 1st quarter. Advisor Group Holdings Inc. now owns 1,968 shares of the company's stock valued at $62,000 after acquiring an additional 730 shares in the last quarter. Teacher Retirement System of Texas acquired a new position in Varex Imaging in the 4th quarter valued at approximately $242,000. Envestnet Asset Management Inc. acquired a new position in Varex Imaging in the 4th quarter valued at approximately $251,000. Finally, GSA Capital Partners LLP acquired a new position in Varex Imaging in the 4th quarter valued at approximately $270,000.

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Insider Activity

In other news, Director Ruediger Naumann-Etienne sold 5,207 shares of the company's stock in a transaction that occurred on Monday, June 6th. The stock was sold at an average price of $22.62, for a total value of $117,782.34. Following the sale, the director now directly owns 26,375 shares in the company, valued at approximately $596,602.50. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, Director Ruediger Naumann-Etienne sold 5,207 shares of the stock in a transaction that occurred on Monday, June 6th. The stock was sold at an average price of $22.62, for a total transaction of $117,782.34. Following the sale, the director now directly owns 26,375 shares in the company, valued at approximately $596,602.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Kimberley E. Honeysett sold 3,028 shares of the stock in a transaction that occurred on Thursday, August 18th. The stock was sold at an average price of $23.50, for a total value of $71,158.00. Following the sale, the senior vice president now owns 4,733 shares in the company, valued at $111,225.50. The disclosure for this sale can be found here. Corporate insiders own 3.80% of the company's stock.

Varex Imaging Trading Down 3.5 %

VREX stock opened at $21.94 on Friday. Varex Imaging Co. has a 1-year low of $18.90 and a 1-year high of $32.65. The firm has a market cap of $873.21 million, a P/E ratio of 35.97, a P/E/G ratio of 6.89 and a beta of 0.88. The business's 50 day moving average is $21.76 and its 200-day moving average is $22.06. The company has a current ratio of 3.44, a quick ratio of 1.70 and a debt-to-equity ratio of 0.78.

Varex Imaging (NASDAQ:VREX – Get Rating) last released its quarterly earnings data on Tuesday, August 2nd. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.16. Varex Imaging had a return on equity of 10.21% and a net margin of 3.03%. During the same period last year, the company posted $0.40 EPS. Equities analysts anticipate that Varex Imaging Co. will post 0.64 earnings per share for the current fiscal year.

Varex Imaging Profile

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

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