XomaXOMA
About: XOMA Royalty Corp is a biotechnology royalty aggregator playing a role in helping biotech companies achieve their goal of improving human health. XOMA acquires the potential future economics associated with pre-commercial therapeutic candidates that have been licensed to pharmaceuticals or biotechnology companies. When XOMA acquires future economic rights, the seller receives non-dilutive, non-recourse funding that can use to advance their internal drug candidate(s) or for general corporate purposes.
Employees: 13
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
50% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
12% more funds holding
Funds holding: 60 [Q2] → 67 (+7) [Q3]
10% more capital invested
Capital invested by funds: $185M [Q2] → $203M (+$17.9M) [Q3]
1.62% less ownership
Funds ownership: 67.37% [Q2] → 65.75% (-1.62%) [Q3]
96% less call options, than puts
Call options by funds: $3K | Put options by funds: $71K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
HC Wainwright & Co. Joseph Pantginis 21% 1-year accuracy 79 / 384 met price target | 353%upside $123 | Buy Reiterated | 13 Dec 2024 |