In response to Zacks, “Prelude Therapeutics Included is a clinical-stage precision oncology firm. It’s centered on discovering and growing small molecule therapies optimized to focus on the important thing driver mechanisms in cancers with excessive unmet want. Prelude Therapeutics Included relies in Wilmington, United States. “
Plenty of different analysts have additionally issued reviews on the inventory. HC Wainwright began protection on shares of Prelude Therapeutics in a analysis report on Monday, April twenty sixth. They set a “purchase” ranking and a $62.00 goal worth on the inventory. Morgan Stanley elevated their worth goal on shares of Prelude Therapeutics from $47.00 to $60.00 and gave the inventory an “equal weight” ranking in a analysis observe on Tuesday, March twenty third. Lastly, Barclays began protection on shares of Prelude Therapeutics in a analysis observe on Tuesday, March ninth. They set an “obese” ranking and a $80.00 worth goal on the inventory. 4 analysis analysts have rated the inventory with a maintain ranking and two have issued a purchase ranking to the corporate. Prelude Therapeutics presently has a mean ranking of “Maintain” and a mean goal worth of $53.00.
Shares of NASDAQ PRLD opened at $41.44 on Friday. Prelude Therapeutics has a 1 yr low of $23.69 and a 1 yr excessive of $95.38. The agency’s 50 day shifting common worth is $42.61 and its 200 day shifting common worth is $56.44.
In different Prelude Therapeutics information, EVP Christopher Pierce bought 3,295 shares of the agency’s inventory in a transaction on Thursday, April twenty ninth. The shares have been bought at a mean worth of $40.29, for a complete transaction of $132,755.55. Additionally, insider David J. Mauro bought 25,000 shares of the agency’s inventory in a transaction on Monday, April nineteenth. The inventory was bought at a mean worth of $30.89, for a complete transaction of $772,250.00. Following the transaction, the insider now instantly owns 25,000 shares of the corporate’s inventory, valued at $772,250. The disclosure for this sale will be discovered here. Within the final three months, insiders bought 44,493 shares of firm inventory value $1,542,386.
Plenty of hedge funds have not too long ago made adjustments to their positions in PRLD. Pacer Advisors Inc. acquired a brand new place in shares of Prelude Therapeutics within the 1st quarter valued at about $49,000. IFP Advisors Inc acquired a brand new place in shares of Prelude Therapeutics within the 1st quarter valued at about $52,000. Citigroup Inc. acquired a brand new place in shares of Prelude Therapeutics within the 4th quarter valued at about $124,000. Strs Ohio acquired a brand new place in shares of Prelude Therapeutics within the 4th quarter valued at about $157,000. Lastly, Outdated Effectively Companions LLC acquired a brand new place in shares of Prelude Therapeutics within the 4th quarter valued at about $247,000. 76.21% of the inventory is owned by institutional traders.
Prelude Therapeutics Firm Profile
Prelude Therapeutics Included, a clinical-stage precision oncology firm, focuses on the invention and growth of small molecule therapies optimized to focus on the important thing driver mechanisms in cancers. It’s growing PRT543 that’s in Section 1 scientific trials in choose strong tumors and myeloid malignancies in sufferers who’re refractory to or illiberal of established therapies; and PRT811, which is in Section 1 scientific trials in strong tumors, together with glioblastoma multiforme and first central nervous system lymphomas.
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