Akero TherapeuticsAKRO
Market Cap: 1.94B
About: Akero Therapeutics Inc is a clinical-stage biotechnology company focused on developing and commercializing transformative treatments for serious metabolic diseases with high unmet medical needs. Its focus is nonalcoholic steatohepatitis, or NASH, a disease without any approved therapies. The company's product candidate efruxifermin is an FGF21 analog with properties that has the potential to address the core processes underlying NASH pathogenesis.
Employees: 58
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2023] → 4 (+2) [Q1 2024]
71% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 21
64% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 45
34% more capital invested
Capital invested by funds: $1.38B [Q4 2023] → $1.85B (+$468M) [Q1 2024]
10% more funds holding
Funds holding: 156 [Q4 2023] → 171 (+15) [Q1 2024]
0.08% more ownership
Funds ownership: 105.89% [Q4 2023] → 105.97% (+0.08%) [Q1 2024]
24% less call options, than puts
Call options by funds: $15.3M | Put options by funds: $20M
Research analyst outlook
8 Wall Street Analysts provided 1 year price forecasts over the past 6 months
8 analyst ratings
HC Wainwright & Co. Ed Arce | 78%upside $50 | Buy Reiterated | 11 Jun 2024 |
Evercore ISI Group Liisa Bayko | 35%upside $38 | Outperform Maintained | 15 May 2024 |
Canaccord Genuity Edward Nash | 99%upside $56 | Buy Maintained | 13 May 2024 |
HC Wainwright & Co. Ed Arce | 78%upside $50 | Buy Reiterated | 13 May 2024 |
B of A Securities Alexandria Hammond | 7%upside $30 | Neutral Reinstated | 22 Apr 2024 |
Financial journalist opinion
Based on 3 articles about AKRO published over the past 30 days