Vivo Capital LLC lessened its holdings in Bolt Biotherapeutics, Inc. (NASDAQ:BOLT – Free Report) by 9.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,521,291 shares of the company’s stock after selling 350,000 shares during the period. Vivo Capital LLC owned about 9.27% of Bolt Biotherapeutics worth $3,944,000 at the end of the most recent quarter.
Separately, Newtyn Management LLC grew its position in Bolt Biotherapeutics by 2.0% in the third quarter. Newtyn Management LLC now owns 1,020,000 shares of the company’s stock valued at $1,061,000 after acquiring an additional 20,000 shares during the last quarter. 86.70% of the stock is owned by hedge funds and other institutional investors.
Bolt Biotherapeutics Trading Up 0.8 %
Shares of NASDAQ:BOLT traded up $0.01 during midday trading on Thursday, hitting $1.12. 2,645 shares of the stock were exchanged, compared to its average volume of 112,086. The stock has a market capitalization of $42.64 million, a price-to-earnings ratio of -0.61 and a beta of 1.05. The company has a debt-to-equity ratio of 0.15, a quick ratio of 5.17 and a current ratio of 5.17. The business’s 50-day moving average price is $1.20 and its 200 day moving average price is $1.10. Bolt Biotherapeutics, Inc. has a 12 month low of $0.84 and a 12 month high of $2.03.
Analyst Upgrades and Downgrades
Separately, HC Wainwright restated a “buy” rating and set a $8.00 price target on shares of Bolt Biotherapeutics in a report on Friday, March 22nd.
Read Our Latest Research Report on BOLT
About Bolt Biotherapeutics
Bolt Biotherapeutics, Inc, a clinical-stage biopharmaceutical company, engages in the development of immunotherapies for the treatment of cancer. The company's lead product candidate BDC-1001, which is in clinical development for the treatment of patients with human epidermal growth factor receptor 2- positive solid tumors, including breast, colorectal, endometrial, and gastroesophageal cancer.
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