Innventure (NASDAQ:INV) Upgraded at Northland Capmk

Northland Capmk upgraded shares of Innventure (NASDAQ:INV) to a strong-buy rating in a research note published on Wednesday,Zacks.com reports.

Other analysts have also recently issued research reports about the company. Northland Securities started coverage on Innventure in a research note on Wednesday. They set an “outperform” rating and a $12.00 price objective on the stock. Roth Capital upgraded Innventure to a “strong-buy” rating in a research note on Thursday, January 23rd. Finally, Roth Mkm started coverage on Innventure in a research note on Thursday, January 23rd. They set a “buy” rating and a $16.00 price objective on the stock.

Innventure Stock Performance

Shares of NASDAQ INV opened at $7.55 on Wednesday. The company’s 50 day moving average price is $10.99. Innventure has a 52-week low of $6.57 and a 52-week high of $18.75.

Institutional Trading of Innventure

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Tower Research Capital LLC TRC acquired a new stake in shares of Innventure during the 4th quarter worth approximately $52,000. Bank of America Corp DE bought a new position in Innventure in the 4th quarter worth approximately $126,000. CastleKnight Management LP bought a new position in Innventure in the 4th quarter worth approximately $387,000. Barclays PLC bought a new position in Innventure in the 4th quarter worth approximately $389,000. Finally, Millennium Management LLC bought a new position in Innventure in the 4th quarter worth approximately $429,000. 55.98% of the stock is currently owned by institutional investors and hedge funds.

About Innventure

Innventure Inc founds, funds and operates companies with a focus on transformative, sustainable technology solutions acquired or licensed from multinational corporations. Innventure Inc, formerly known as Learn CW Investment Corporation, is based in ORLANDO, Fla.