Cassava SciencesSAVA
About: Cassava Sciences Inc is a clinical-stage biotechnology company engaged in developing a scientific approach for the treatment and detection of Alzheimer's disease. Its therapeutic product candidate is called simufilam, and it is a novel treatment for Alzheimer's disease; and investigational diagnostic product candidate is called SavaDx, and it is a novel way to detect the presence of Alzheimer's disease from a small sample of blood, possibly years before the overt appearance of clinical symptoms. It is currently conducting two randomized placebo-controlled Phase 3 clinical trials of oral simufilam in patients with Alzheimer's disease dementia.
Employees: 29
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
146% more capital invested
Capital invested by funds: $168M [Q2] → $412M (+$245M) [Q3]
89% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 19
56% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 32
8% more funds holding
Funds holding: 146 [Q2] → 158 (+12) [Q3]
1.0% more ownership
Funds ownership: 28.27% [Q2] → 29.28% (+1.0%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
54% less call options, than puts
Call options by funds: $109M | Put options by funds: $235M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
HC Wainwright & Co. Vernon Bernardino 39% 1-year accuracy 23 / 59 met price target | 4,485%upside $116 | Neutral Downgraded | 26 Nov 2024 |
Financial journalist opinion
Based on 254 articles about SAVA published over the past 30 days