Acurx PharmaceuticalsACXP
Market Cap: $32.3M
About: Acurx Pharmaceuticals Inc is a clinical stage biopharmaceutical company developing a new class of antibiotics for infections caused by bacteria listed as priority pathogens by the World Health Organization, Centers for Disease Control and Prevention and Food and Drug Administration.
Employees: 4
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
39% more call options, than puts
Call options by funds: $78K | Put options by funds: $56K
1.2% less ownership
Funds ownership: 8.81% [Q1] → 7.62% (-1.2%) [Q2]
4% less funds holding
Funds holding: 26 [Q1] → 25 (-1) [Q2]
13% less capital invested
Capital invested by funds: $3.11M [Q1] → $2.72M (-$397K) [Q2]
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
HC Wainwright & Co. Ed Arce 46% 1-year accuracy 63 / 137 met price target | 503%upside $12 | Buy Reiterated | 12 Aug 2024 |