Clearside BiomedicalCLSD
Market Cap: 87.4M
About: Clearside Biomedical Inc is a United States-based clinical biopharmaceutical company. It is engaged in developing pharmacological therapies to treat blinding disease of the eye through the suprachoroidal space, or SCS. The company's novel SCS injection platform, utilizing proprietary SCS Microinjector, enables an in-office, repeatable, non-surgical procedure for the targeted and compartmentalized delivery of a wide variety of therapies to the macula, retina or choroid to potentially preserve and improve vision in patients with sight-threatening eye diseases.
Employees: 30
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
275% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 4
162% more capital invested
Capital invested by funds: $9.06M [Q4 2023] → $23.8M (+$14.7M) [Q1 2024]
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
8.37% more ownership
Funds ownership: 12.41% [Q4 2023] → 20.78% (+8.37%) [Q1 2024]
8% more funds holding
Funds holding: 48 [Q4 2023] → 52 (+4) [Q1 2024]
Research analyst outlook
9 Wall Street Analysts provided 1 year price forecasts over the past 6 months
9 analyst ratings
Needham Serge Belanger | 242%upside $4 | Buy Reiterated | 25 Jul 2024 |
Oppenheimer Andreas Argyrides | 327%upside $5 | Outperform Initiated | 25 Jun 2024 |
HC Wainwright & Co. Yi Chen | 327%upside $5 | Buy Maintained | 13 May 2024 |
Needham Serge Belanger | 242%upside $4 | Buy Reiterated | 13 May 2024 |
Needham | 242%upside $4 | Buy Reiterated | 11 Apr 2024 |
Financial journalist opinion
Based on 4 articles about CLSD published over the past 30 days