4,341 Shares in Azenta, Inc. (NASDAQ:AZTA) Bought by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. purchased a new stake in Azenta, Inc. (NASDAQ:AZTA) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 4,341 shares of the company’s stock, valued at approximately $217,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. State of Alaska Department of Revenue lifted its position in shares of Azenta by 355.2% in the fourth quarter. State of Alaska Department of Revenue now owns 25,899 shares of the company’s stock worth $1,294,000 after buying an additional 20,210 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new stake in shares of Azenta during the 4th quarter worth approximately $530,000. Stephens Inc. AR bought a new position in shares of Azenta during the 4th quarter valued at approximately $313,000. SG Americas Securities LLC bought a new position in Azenta during the fourth quarter valued at $813,000. Finally, Conestoga Capital Advisors LLC grew its stake in shares of Azenta by 65.0% in the 4th quarter. Conestoga Capital Advisors LLC now owns 1,577,881 shares of the company’s stock worth $78,894,000 after buying an additional 621,830 shares in the last quarter. Institutional investors own 99.08% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on AZTA shares. Stephens reaffirmed an “overweight” rating and issued a $60.00 price target on shares of Azenta in a report on Thursday, January 2nd. Evercore ISI lifted their target price on Azenta from $50.00 to $52.00 and gave the stock an “in-line” rating in a report on Thursday, February 6th. Needham & Company LLC increased their price target on Azenta from $55.00 to $59.00 and gave the company a “buy” rating in a report on Thursday, February 6th. Finally, TD Cowen upgraded Azenta to a “hold” rating in a research report on Thursday, February 27th.

Azenta Stock Performance

AZTA opened at $26.59 on Wednesday. The stock’s 50 day moving average price is $41.41 and its 200-day moving average price is $45.29. Azenta, Inc. has a one year low of $26.14 and a one year high of $63.58. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of -8.92 and a beta of 1.66.

Azenta (NASDAQ:AZTA) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.05 by $0.03. Azenta had a positive return on equity of 1.25% and a negative net margin of 24.91%. As a group, analysts predict that Azenta, Inc. will post 0.53 earnings per share for the current fiscal year.

About Azenta

Azenta, Inc provides biological and chemical compound sample exploration and management solutions for the life sciences market in North America, Africa, China, the United Kingdom, rest of Europe, the Asia Pacific, and internationally. The company operates in two reportable segments, Life Sciences Products and Life Sciences Services.