DRW Securities LLC Buys New Stake in Varex Imaging Co. (NASDAQ:VREX)

DRW Securities LLC purchased a new stake in shares of Varex Imaging Co. (NASDAQ:VREX) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 32,465 shares of the company’s stock, valued at approximately $387,000. DRW Securities LLC owned approximately 0.08% of Varex Imaging as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Creative Planning lifted its holdings in shares of Varex Imaging by 9.2% in the 3rd quarter. Creative Planning now owns 19,644 shares of the company’s stock valued at $234,000 after acquiring an additional 1,654 shares during the last quarter. Innealta Capital LLC purchased a new stake in Varex Imaging during the second quarter valued at approximately $26,000. Intech Investment Management LLC lifted its stake in shares of Varex Imaging by 13.7% in the 3rd quarter. Intech Investment Management LLC now owns 16,267 shares of the company’s stock valued at $194,000 after purchasing an additional 1,959 shares during the last quarter. Isthmus Partners LLC boosted its holdings in shares of Varex Imaging by 1.2% in the 2nd quarter. Isthmus Partners LLC now owns 172,022 shares of the company’s stock worth $2,534,000 after purchasing an additional 2,058 shares during the period. Finally, First Eagle Investment Management LLC increased its position in shares of Varex Imaging by 0.6% during the 2nd quarter. First Eagle Investment Management LLC now owns 359,937 shares of the company’s stock valued at $5,302,000 after purchasing an additional 2,250 shares during the last quarter.

Analyst Ratings Changes

Separately, B. Riley initiated coverage on shares of Varex Imaging in a research note on Friday, August 23rd. They set a “buy” rating and a $21.00 price objective for the company.

Varex Imaging Stock Performance

Shares of NASDAQ VREX opened at $16.51 on Wednesday. The firm has a 50-day simple moving average of $12.90 and a two-hundred day simple moving average of $13.48. Varex Imaging Co. has a 1 year low of $10.19 and a 1 year high of $21.50. The company has a debt-to-equity ratio of 0.72, a current ratio of 3.32 and a quick ratio of 1.97.

Varex Imaging 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.