Abacus LifeABL
ABL
$10.04
0.6%
Market Cap: $749M
About: Abacus Life Inc is a vertically integrated alternative asset manager specializing in investing in life insurance products throughout the lifecycle of a life insurance policy.
Employees: 102
0
Funds holding %
of 6,686 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
2,153% more capital invested
Capital invested by funds: $4.31M [Q1] → $97.1M (+$92.8M) [Q2]
967% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 3
193% more funds holding
Funds holding: 15 [Q1] → 44 (+29) [Q2]
14.36% more ownership
Funds ownership: 0.56% [Q1] → 14.92% (+14.36%) [Q2]
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$12
20%
upside
Avg. target
$14.25
42%
upside
High target
$16
59%
upside
4 analyst ratings
4 positive
100%
0 neutral
0%
0 negative
0%
B. Riley Securities Matt Howlett 50% 1-year accuracy 10 / 20 met price target | 59%upside $16 | Buy Reiterated | 29 Aug 2024 |
TD Cowen Andrew Kilgerman 100% 1-year accuracy 2 / 2 met price target | 39%upside $14 | Buy Initiated | 7 Aug 2024 |
Piper Sandler Crispin Love 40% 1-year accuracy 10 / 25 met price target | 20%upside $12 | Overweight Initiated | 26 Jun 2024 |
B. Riley Securities Matt Howlett 50% 1-year accuracy 10 / 20 met price target | 49%upside $15 | Buy Reiterated | 24 Jun 2024 |
Financial journalist opinion
Based on 5 articles about ABL published over the past 30 days