Viridian TherapeuticsVRDN
Market Cap: $900M
About: Viridian Therapeutics Inc is a clinical-stage biopharmaceutical company that engages in developing multiple product candidates to treat patients who suffer from thyroid eye disease. Its product candidate VRDN-001 is an insulin-like growth factor-1 receptor (IGF-1R) monoclonal antibody (mAb) being developed for the potential treatment for patients with thyroid eye disease.
Employees: 94
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
146% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 28
11% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 18
1% more funds holding
Funds holding: 134 [Q1] → 136 (+2) [Q2]
5.37% less ownership
Funds ownership: 114.26% [Q1] → 108.9% (-5.37%) [Q2]
28% less capital invested
Capital invested by funds: $1.26B [Q1] → $904M (-$352M) [Q2]
42% less call options, than puts
Call options by funds: $3.99M | Put options by funds: $6.92M
80% less funds holding in top 10
Funds holding in top 10: 5 [Q1] → 1 (-4) [Q2]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Needham Serge Belanger 45% 1-year accuracy 40 / 89 met price target | 113%upside $30 | Buy Reiterated | 30 Aug 2024 |
RBC Capital Gregory Renza 45% 1-year accuracy 32 / 71 met price target | 148%upside $35 | Outperform Reiterated | 28 Aug 2024 |
HC Wainwright & Co. Douglas Tsao 46% 1-year accuracy 48 / 104 met price target | 92%upside $27 | Buy Reiterated | 15 Aug 2024 |
Oppenheimer Leland Gershell 55% 1-year accuracy 27 / 49 met price target | 99%upside $28 | Outperform Reiterated | 12 Aug 2024 |
Wedbush Laura Chico 44% 1-year accuracy 33 / 75 met price target | 198%upside $42 | Outperform Reiterated | 29 Jul 2024 |