Adicet BioACET Market cap $117M
About: Adicet Bio Inc is a clinical-stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer and other diseases. Its lead product candidate, ADI-001, a first-in-class allogeneic gamma delta T cell therapy expressing a CAR targeting CD20, is being developed for the potential treatment of autoimmune diseases and relapsed or refractory aggressive B cell non-Hodgkin's lymphoma. Their pipeline also includes its lead preclinical candidate, ADI-270, an armored gamma delta CAR T cell product candidate targeting renal cell carcinoma, with potential for other CD70+ solid tumor and hematological malignancies indications.
Employees: 143
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
8% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 26
12% less funds holding
Funds holding: 98 [Q1] → 86 (-12) [Q2]
18.08% less ownership
Funds ownership: 95.91% [Q1] → 77.83% (-18.08%) [Q2]
40% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 30
58% less capital invested
Capital invested by funds: $185M [Q1] → $77.4M (-$108M) [Q2]
84% less call options, than puts
Call options by funds: $7K | Put options by funds: $44K
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Wedbush Robert Driscoll 47% 1-year accuracy 34 / 72 met price target | 252%upside $5 | Outperform Reiterated | 20 Sept 2024 |
Jones Trading Soumit Roy 0% 1-year accuracy 0 / 4 met price target | 182%upside $4 | Buy Maintained | 11 Sept 2024 |
Canaccord Genuity John Newman 57% 1-year accuracy 12 / 21 met price target | 463%upside $8 | Buy Maintained | 11 Sept 2024 |
HC Wainwright & Co. Edward White 23% 1-year accuracy 27 / 119 met price target | 604%upside $10 | Buy Reiterated | 14 Aug 2024 |
Canaccord Genuity John Newman 57% 1-year accuracy 12 / 21 met price target | 1,238%upside $19 | Buy Maintained | 14 Aug 2024 |
Financial journalist opinion
Based on 4 articles about ACET published over the past 30 days