Praxis Precision MedicinesPRAX
About: Praxis Precision Medicines Inc is a clinical-stage biopharmaceutical company. The firm is engaged in translating genetic insights into the development of therapies for patients affected by central nervous system disorders characterized by a neuronal excitation-inhibition imbalance. The company has generated three clinical-stage product candidates, ulixacaltamide (formerly known as PRAX-944), vormatrigine (formerly known as PRAX-628), and relutrigine (formerly known as PRAX-562), as well as PRAX-020 which has been in-licensed by UCB Biopharma SRL, or UCB.
Employees: 82
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
96% more call options, than puts
Call options by funds: $21.9M | Put options by funds: $11.2M
85% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 34
14% more capital invested
Capital invested by funds: $886M [Q1] → $1.01B (+$127M) [Q2]
2.41% more ownership
Funds ownership: 115.91% [Q1] → 118.32% (+2.41%) [Q2]
6% less funds holding
Funds holding: 149 [Q1] → 140 (-9) [Q2]
14% less funds holding in top 10
Funds holding in top 10: 7 [Q1] → 6 (-1) [Q2]
22% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 32
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
HC Wainwright & Co. Douglas Tsao | 145%upside $115 | Buy Maintained | 5 Aug 2025 |
Chardan Capital Rudy Li | 70%upside $80 | Buy Maintained | 29 Jul 2025 |
Oppenheimer Jay Olson | 145%upside $115 | Outperform Maintained | 8 Jul 2025 |
Needham Ami Fadia | 70%upside $80 | Buy Reiterated | 12 Jun 2025 |
Financial journalist opinion
Based on 20 articles about PRAX published over the past 30 days









