908 DevicesMASS
About: 908 Devices Inc manufactures medical devices. It has developed a suite of purpose-built handheld and desktop mass spectrometry, or Mass Spec, devices for the point-of-need. Mass Spec devices are used at the point-of-need to interrogate unknown and invisible materials and provide quick, actionable answers to directly address some of the critical problems in life sciences research, bioprocessing, industrial biotech, forensics, and adjacent markets. The company geographically derives maximum revenue from United States, and also has its presence in Europe, Middle East and Africa, Americas and Other and Asia Pacific.
Employees: 230
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
178% more call options, than puts
Call options by funds: $89K | Put options by funds: $32K
115% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 13
20% more funds holding
Funds holding: 75 [Q1] → 90 (+15) [Q2]
8% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 25
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
6.54% less ownership
Funds ownership: 63.09% [Q1] → 56.55% (-6.54%) [Q2]
36% less capital invested
Capital invested by funds: $157M [Q1] → $100M (-$56.3M) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Leerink Partners | 250%upside $12 | Outperform Maintained | 17 Oct 2024 |