LongeveronLGVN
Market Cap: $29.6M
About: Longeveron Inc is a clinical-stage biotechnology company developing regenerative medicines to address unmet medical needs for specific aging-related and life-threatening conditions. Its investigational product is Lomecel-B an stem cell formulation sourced from the bone marrow of young, healthy adult donors and has potential mechanisms of action that can promote tissue repair and healing. The company currently has three pipeline indications: Hypoplastic Left Heart Syndrome (HLHS), Alzheimer's disease (AD) and Aging-related Frailty.
Employees: 24
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
230% more capital invested
Capital invested by funds: $162K [Q1] → $534K (+$372K) [Q2]
75% more funds holding
Funds holding: 12 [Q1] → 21 (+9) [Q2]
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
1.97% more ownership
Funds ownership: 4.83% [Q1] → 6.8% (+1.97%) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
HC Wainwright & Co. Raghuram Selvaraju 44% 1-year accuracy 121 / 273 met price target | 385%upside $10 | Buy Reiterated | 4 Sept 2024 |
Maxim Group Michael Okunewitch 75% 1-year accuracy 3 / 4 met price target | 191%upside $6 | Buy Maintained | 27 Aug 2024 |
HC Wainwright & Co. Raghuram Selvaraju 44% 1-year accuracy 121 / 273 met price target | 385%upside $10 | Buy Reiterated | 15 Aug 2024 |
HC Wainwright & Co. Raghuram Selvaraju 44% 1-year accuracy 121 / 273 met price target | 385%upside $10 | Buy Reiterated | 31 Jul 2024 |
HC Wainwright & Co. Raghuram Selvaraju 44% 1-year accuracy 121 / 273 met price target | 385%upside $10 | Buy Maintained | 29 Jul 2024 |