L1 Capital Reverses Course, Buys $3M of Anteris After Months of Selling
AVR has more than doubled off its 52-week low of $3.3.
Summary
L1 Capital bought $3 million of Anteris Technologies stock on September 30 and October 1, reversing months of selling by the 10% owner.
Key Events · Ownership and Investor Activity · AVR
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10% Owner Buys $3M
L1 Capital purchased 397,226 shares for $3,027,832 at $7.59–$7.76 per share on September 30 and October 1, 2026.
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Reversal of Selling Trend
This purchase follows $25.6 million in open-market sales by L1 Capital between July and August 2026, marking a clear shift from distribution to accumulation.
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Post-Transaction Holdings
L1 Capital now holds 5,200,767 shares directly, plus 5,359,470 CHESS Depository Interests and 1,333,334 warrants exercisable at A$11.50.
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Context: Recent Loss and Weaknesses
The purchase comes after Anteris reported a widening Q2 loss and disclosed persistent material weaknesses in internal controls, with $260.9M in cash on hand.
Analysis · AVR · Industrial Applications And Services
L1 Capital, a 10% owner that sold over $25 million of Anteris stock between July and August, has now bought $3 million worth of shares on the open market. The purchase reverses a clear distribution pattern and suggests the fund sees value at current prices, especially after the stock pulled back following a widening Q2 loss and persistent material weaknesses. While a 10% owner's trades carry less weight than a CEO's, the size and timing make this a notable shift in sentiment.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.9% of the 1661 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, AVR was trading at $7.61 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $741.7M. The 52-week trading range was $3.30 to $11.06. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.