ArdelyxARDX
About: Ardelyx Inc is a biotechnology company focused on the discovery, development, and commercialization of innovative, first-in-class medicines that meet significant unmet medical needs. The company has a proprietary drug discovery and design platform. Its lead product candidate is tenapanor, which aims to reduce the absorption of dietary sodium and phosphorus for the treatment of kidney disease, irritable bowel syndrome with constipation, and hyperphosphatemia in patients with dialysis.
Employees: 267
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
39% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 33
19% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 62
5% more funds holding
Funds holding: 201 [Q3] → 211 (+10) [Q4]
3.39% more ownership
Funds ownership: 60.36% [Q3] → 63.75% (+3.39%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 3 (+0) [Q4]
22% less capital invested
Capital invested by funds: $979M [Q3] → $766M (-$213M) [Q4]
23% less call options, than puts
Call options by funds: $14.5M | Put options by funds: $18.9M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Scotiabank Louise Chen 37% 1-year accuracy 52 / 142 met price target | 177%upside $15 | Sector Outperform Initiated | 7 Mar 2025 |
Ladenburg Thalmann Aydin Huseynov 30% 1-year accuracy 3 / 10 met price target | 103%upside $11 | Buy Assumed | 7 Mar 2025 |
Raymond James Ryan Deschner 44% 1-year accuracy 4 / 9 met price target | 140%upside $13 | Strong Buy Reiterated | 21 Feb 2025 |
HC Wainwright & Co. Ed Arce 39% 1-year accuracy 62 / 159 met price target | 1%upside $5.50 | Neutral Reiterated | 21 Feb 2025 |
Piper Sandler Christopher Raymond 30% 1-year accuracy 9 / 30 met price target | 48%upside $8 | Neutral Maintained | 27 Jan 2025 |
Financial journalist opinion
Based on 13 articles about ARDX published over the past 30 days









