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What smart money is saying about Avanos MedicalUnited States flag

AVNS · Healthcare · Medical - Devices · Market cap $549M

1 fund in our archive has pitched Avanos Medical — most recently Diamond Hill Small Cap Fund in March 2025.

Company profile

Avanos Medical, Inc., a medical technology company, focuses on delivering medical device solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers a portfolio of chronic care products that include digestive health products, such as Mic-Key enteral feeding tubes, Corpak patient feeding solutions, and NeoMed neonatal and pediatric feeding solutions; and respiratory health products, such as closed airway suction systems and other airway management devices under the Ballard, Microcuff, and Endoclear brands. The company also provides a portfolio of non-opioid pain solutions, including acute pain products, such as On-Q and ambIT surgical pain pumps, Game Ready cold, and compression therapy systems; and interventional pain solutions, which offers minimally invasive pain-relieving therapies, such as Coolief pain relief therapy. It markets its products directly to hospitals and other healthcare providers, healthcare facilities, and other end-user customers, as well as through third-party wholesale distributors. The company was formerly known as Halyard Health, Inc. and changed its name to Avanos Medical, Inc. in June 2018. Avanos Medical, Inc. was incorporated in 2014 and is headquartered in Alpharetta, Georgia.

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1
Reported positions
0
Bought
1
Sold
2
Letters

Position history

Between Q1 2025 and Q2 2026, 1 fund letter reported a position in Avanos Medical1 trimmed or exited.

Fund letters reporting a position in Avanos Medical, by quarter
QuarterLettersBoughtSoldTheses
Q2 20261010
Q1 20250001

Fund activity · 1 position · 1 move

  • ExitedLaughing Water Capital (LW Capital Management, LLC)
    June 2026
    The two investments in question were Theravance Biopharma (TBPH) and a position which I did not disclose at the time.
    Read the letterAvanos Medical

Fund coverage · 1 thesis

  • Diamond Hill Small Cap Fund
    March 2025

    Avanos Medical is a promising investment opportunity due to its innovative product offerings in pain management and respiratory health, recent cost-cutting efforts, and strong growth potential under new leadership.

    Read the full thesis

Read every full thesis on Avanos Medical

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