Cerevel TherapeuticsCERE
Market Cap: 8.13B
About: Cerevel Therapeutics Holdings Inc is dedicated to unraveling the mysteries of the brain to treat neuroscience diseases. The company is tackling neuroscience diseases with a differentiated approach that combines expertise in neurocircuitry with a focus on receptor selectivity. It has a diversified pipeline comprising five clinical-stage investigational therapies and several preclinical compounds with the potential to treat a range of neuroscience diseases, including schizophrenia, epilepsy, Parkinson's disease and substance use disorder. Cerevel Therapeutics is advancing its current research and development programs while exploring new modalities through internal research efforts, external collaborations or potential acquisitions.
Employees: 355
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
59% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 49
21% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 34
4% more funds holding
Funds holding: 193 [Q4 2023] → 200 (+7) [Q1 2024]
2% less capital invested
Capital invested by funds: $6.55B [Q4 2023] → $6.44B (-$107M) [Q1 2024]
4% less call options, than puts
Call options by funds: $39M | Put options by funds: $40.6M
1.73% less ownership
Funds ownership: 85.66% [Q4 2023] → 83.93% (-1.73%) [Q1 2024]
10% less funds holding in top 10
Funds holding in top 10: 10 [Q4 2023] → 9 (-1) [Q1 2024]
Research analyst outlook
1 Wall Street Analyst provided 1 year price forecasts over the past 6 months
1 analyst rating
Mizuho Graig Suvannavejh | 1%upside $45 | Neutral Maintained | 16 Feb 2024 |
Financial journalist opinion
Based on 5 articles about CERE published over the past 30 days