Sage TherapeuticsSAGE
Market Cap: $475M
About: Sage Therapeutics Inc is a clinical-stage biopharmaceutical company focused on brain health medicines. The company is targeting diseases and disorders of the brain with three key focus areas: depression, neurology and neuropsychiatry; also targeting two critical central nervous system, or CNS, receptor systems, GABA and NMDA. Its products ZURZUVAE is a medicine for the treatment of postpartum depression, or PPD, in adults, and ZULRESSO is a CIV injection for the treatment of postpartum depression in individuals 15 years old and older. It also has other drugs in its pipeline such as SAGE-324, Dalzanemdor (SAGE-718) among others.
Employees: 487
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
363% more call options, than puts
Call options by funds: $10.1M | Put options by funds: $2.18M
41% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 54
5% less funds holding
Funds holding: 200 [Q1] → 191 (-9) [Q2]
10.03% less ownership
Funds ownership: 98.91% [Q1] → 88.88% (-10.03%) [Q2]
22% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 41
48% less capital invested
Capital invested by funds: $1.12B [Q1] → $581M (-$534M) [Q2]
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
14 analyst ratings
Truist Securities Joon Lee 67% 1-year accuracy 30 / 45 met price target | 65%upside $13 | Hold Maintained | 14 Aug 2024 |
JP Morgan Anupam Rama 42% 1-year accuracy 24 / 57 met price target | 27%upside $10 | Neutral Maintained | 6 Aug 2024 |
HC Wainwright & Co. Douglas Tsao 56% 1-year accuracy 79 / 142 met price target | 216%upside $25 | Neutral Reiterated | 2 Aug 2024 |
Piper Sandler Yasmeen Rahimi 48% 1-year accuracy 11 / 23 met price target | 558%upside $52 | Overweight Maintained | 1 Aug 2024 |
TD Cowen Ritu Baral 67% 1-year accuracy 4 / 6 met price target | 27%upside $10 | Hold Downgraded | 30 Jul 2024 |
Financial journalist opinion
Based on 183 articles about SAGE published over the past 30 days