Rice Hall James & Associates LLC Invests $11.41 Million in Aimmune Therapeutics Inc (AIMT) Stock
Rice Hall James & Associates LLC acquired a new position in shares of Aimmune Therapeutics Inc (NASDAQ:AIMT) during the 1st quarter, HoldingsChannel reports. The firm acquired 510,709 shares of the biotechnology company’s stock, valued at approximately $11,414,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in AIMT. Proficio Capital Partners LLC bought a new stake in Aimmune Therapeutics during the fourth quarter worth approximately $96,000. Carroll Financial Associates Inc. bought a new stake in Aimmune Therapeutics during the fourth quarter worth approximately $28,000. Caption Management LLC boosted its holdings in Aimmune Therapeutics by 313.3% during the fourth quarter. Caption Management LLC now owns 24,800 shares of the biotechnology company’s stock worth $593,000 after buying an additional 18,800 shares in the last quarter. Emerald Advisers LLC boosted its holdings in Aimmune Therapeutics by 52.4% during the fourth quarter. Emerald Advisers LLC now owns 741,746 shares of the biotechnology company’s stock worth $17,743,000 after buying an additional 255,080 shares in the last quarter. Finally, Jane Street Group LLC boosted its holdings in Aimmune Therapeutics by 141.4% during the third quarter. Jane Street Group LLC now owns 19,072 shares of the biotechnology company’s stock worth $520,000 after buying an additional 11,172 shares in the last quarter. Hedge funds and other institutional investors own 73.74% of the company’s stock.
Aimmune Therapeutics stock traded down $0.07 during midday trading on Friday, reaching $19.72. The stock had a trading volume of 519,924 shares, compared to its average volume of 608,094. Aimmune Therapeutics Inc has a twelve month low of $19.52 and a twelve month high of $36.12. The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of -5.37 and a beta of -0.19.
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Aimmune Therapeutics Profile
Aimmune Therapeutics, Inc, a clinical-stage biopharmaceutical company, develops and commercializes product candidates for the treatment of peanut and other food allergies. Its lead Characterized Oral Desensitization ImmunoTherapy (CODIT) product candidate is AR101, an investigational biologic, which is in Phase III clinical trial for the treatment of patients with peanut allergy.
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