Innventure (NASDAQ:INV) Coverage Initiated by Analysts at Northland Securities

Northland Securities began coverage on shares of Innventure (NASDAQ:INV) in a report published on Wednesday morning, Marketbeat reports. The firm issued an outperform rating and a $12.00 target price on the stock.

A number of other research firms also recently weighed in on INV. Roth Mkm started coverage on Innventure in a report on Thursday, January 23rd. They issued a “buy” rating and a $16.00 target price on the stock. Roth Capital raised Innventure to a “strong-buy” rating in a report on Thursday, January 23rd.

Innventure Stock Performance

INV stock opened at $7.55 on Wednesday. Innventure has a fifty-two week low of $6.57 and a fifty-two week high of $18.75. The firm has a 50-day moving average price of $10.99.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in INV. Tower Research Capital LLC TRC bought a new position in shares of Innventure in the fourth quarter worth about $52,000. Bank of America Corp DE bought a new position in shares of Innventure in the fourth quarter worth about $126,000. CastleKnight Management LP bought a new position in shares of Innventure in the fourth quarter worth about $387,000. Barclays PLC bought a new position in shares of Innventure in the fourth quarter worth about $389,000. Finally, Millennium Management LLC bought a new position in shares of Innventure in the fourth quarter worth about $429,000. Institutional investors own 55.98% of the company’s stock.

Innventure Company Profile

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.