Alto NeuroscienceANRO
About: Alto Neuroscience Inc is a clinical-stage biopharmaceutical company with a mission to redefine psychiatry by leveraging individuals' neurobiology to develop personalized and effective treatment options. The company currently consists of different clinical-stage assets such as ALTO-100, ALTO-202, ALTO-101, and ALTO-300 among others initially targeting depressive disorders and schizophrenia populations as identified by independent brain-based biomarkers.
Employees: 78
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
58% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 12
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
12% more funds holding
Funds holding: 51 [Q1] → 57 (+6) [Q2]
9.75% more ownership
Funds ownership: 59.15% [Q1] → 68.9% (+9.75%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 4 (+0) [Q2]
19% less capital invested
Capital invested by funds: $244M [Q1] → $198M (-$46.1M) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Wedbush Laura Chico 51% 1-year accuracy 36 / 70 met price target | 157%upside $29 | Outperform Reiterated | 10 Sept 2024 |
Wedbush Laura Chico 51% 1-year accuracy 36 / 70 met price target | 157%upside $29 | Outperform Initiated | 3 Sept 2024 |