SAGE stock icon

Sage Therapeutics
SAGE

$7.90
4.08%

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

0
Funds holding %
of 6,710 funds
0
Analysts bullish %
of 14 analysts

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

Low target
$10
27%
upside
Avg. target
$19.29
144%
upside
High target
$52
558%
upside

14 analyst ratings

positive
29%
10 neutral
71%
negative
0%
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