ALX OncologyALXO
About: ALX Oncology Holdings Inc is a clinical-stage immuno-oncology company focused on helping patients fight cancer by developing a pipeline of product candidates based on expertise in protein engineering and oncology led by the CD47 blocker, evorpacept, currently in phase 1 and 2 clinical trials. Cancer cells leverage CD47, a cell surface protein, as a don't eat me signal to evade detection by the immune system. The company is developing a next-generation checkpoint inhibitor designed to have a high affinity for CD47 and to avoid the limitations caused by hematologic toxicities inherent in other CD47 blocking approaches.
Employees: 81
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
75% more call options, than puts
Call options by funds: $3.33M | Put options by funds: $1.9M
33% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 27
15% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 26
4% more funds holding
Funds holding: 106 [Q1] → 110 (+4) [Q2]
1.21% more ownership
Funds ownership: 91.98% [Q1] → 93.19% (+1.21%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
43% less capital invested
Capital invested by funds: $514M [Q1] → $293M (-$221M) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
UBS Colin Bristow 33% 1-year accuracy 5 / 15 met price target | 168%upside $4 | Buy Maintained | 16 Aug 2024 |
HC Wainwright & Co. Swayampakula Ramakanth 22% 1-year accuracy 24 / 109 met price target | 1,578%upside $25 | Buy Reiterated | 13 Aug 2024 |
Stifel Bradley Canino 45% 1-year accuracy 15 / 33 met price target | 101%upside $3 | Hold Reiterated | 9 Aug 2024 |
Stifel Bradley Canino 45% 1-year accuracy 15 / 33 met price target | 236%upside $5 | Hold Maintained | 1 Aug 2024 |
HC Wainwright & Co. Swayampakula Ramakanth 22% 1-year accuracy 24 / 109 met price target | 1,578%upside $25 | Buy Reiterated | 1 Aug 2024 |