CRISPR TherapeuticsCRSP
Market Cap: 4.92B
About: Crispr Therapeutics is a gene editing company focused on the development of Crispr/Cas9-based therapeutics. Crispr/Cas9 stands for clustered regularly interspaced short palindromic repeats (Crispr)/Crispr-associated protein 9 (Cas9), which is a revolutionary technology for precisely altering specific sequences of genomic DNA. The company is focused on using this technology to treat genetically defined diseases. Crispr's first approved drug is Casgevy, which was developed in collaboration with Vertex Pharmaceuticals and targets sickle-cell disease and transfusion-dependent beta-thalassemia, which have high unmet medical needs. The company is advancing additional gene editing programs for immuno-oncology, as well as a stem cell-derived therapy for to treat Type 1 diabetes.
Employees: 407
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
21% more call options, than puts
Call options by funds: $256M | Put options by funds: $212M
17% more capital invested
Capital invested by funds: $3.48B [Q4 2023] → $4.05B (+$577M) [Q1 2024]
14% more repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 135
0% more funds holding in top 10
Funds holding in top 10: 4 [Q4 2023] → 4 (+0) [Q1 2024]
0% less funds holding
Funds holding: 465 [Q4 2023] → 464 (-1) [Q1 2024]
0.46% less ownership
Funds ownership: 69.91% [Q4 2023] → 69.45% (-0.46%) [Q1 2024]
1% less first-time investments, than exits
New positions opened: 68 | Existing positions closed: 69
Research analyst outlook
19 Wall Street Analysts provided 1 year price forecasts over the past 6 months
19 analyst ratings
Needham Gil Blum | 52%upside $88 | Buy Reiterated | 27 Jun 2024 |
Piper Sandler Edward Tenthoff | 81%upside $105 | Overweight Reiterated | 17 Jun 2024 |
Needham Gil Blum | 52%upside $88 | Buy Reiterated | 17 Jun 2024 |
Citigroup Yigal Nochomovitz | 45%upside $84 | Buy Maintained | 23 May 2024 |
Oppenheimer Jay Olson | 64%upside $95 | Outperform Maintained | 10 May 2024 |
Financial journalist opinion
Based on 25 articles about CRSP published over the past 30 days