CytokineticsCYTK
About: Cytokinetics Inc is a biotechnology company that develops muscle biology-driven treatments for diseases characterized by reduced muscle function, muscle weakness, and fatigue. The company develops treatments for diseases such as amyotrophic lateral sclerosis, heart failure, spinal muscular atrophy, and chronic obstructive pulmonary diseases. The treatment is based on small molecules specifically engineered to increase muscle function and contractility. The company is developing muscle-directed investigational medicines that may potentially improve the health span of people with devastating cardiovascular and neuromuscular diseases of impaired muscle function.
Employees: 564
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
82% more call options, than puts
Call options by funds: $278M | Put options by funds: $152M
47% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 96
0% more funds holding
Funds holding: 343 [Q2] → 343 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 46
3% less capital invested
Capital invested by funds: $7.4B [Q2] → $7.15B (-$250M) [Q3]
12.33% less ownership
Funds ownership: 130.25% [Q2] → 117.92% (-12.33%) [Q3]
25% less funds holding in top 10
Funds holding in top 10: 20 [Q2] → 15 (-5) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
HC Wainwright & Co. Joseph Pantginis 21% 1-year accuracy 81 / 386 met price target | 147%upside $120 | Buy Reiterated | 23 Dec 2024 |
RBC Capital Leonid Timashev 43% 1-year accuracy 19 / 44 met price target | 69%upside $82 | Outperform Maintained | 18 Dec 2024 |
Needham Serge Belanger 37% 1-year accuracy 46 / 126 met price target | 48%upside $72 | Buy Reiterated | 2 Dec 2024 |
Mizuho Salim Syed 35% 1-year accuracy 7 / 20 met price target | 112%upside $103 | Outperform Maintained | 21 Nov 2024 |
Financial journalist opinion
Based on 10 articles about CYTK published over the past 30 days