Definium Therapeutics, Inc. (NASDAQ:DFTX – Get Free Report) was the target of some unusual options trading activity on Thursday. Investors acquired 16,346 call options on the stock. This is an increase of approximately 342% compared to the average volume of 3,697 call options.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on the company. Needham & Company LLC boosted their target price on Definium Therapeutics from $50.00 to $66.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Stifel Nicolaus increased their price target on Definium Therapeutics from $30.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Piper Sandler reissued an “overweight” rating and set a $75.00 price target (up from $73.00) on shares of Definium Therapeutics in a research note on Friday, August 7th. Wells Fargo & Company boosted their price objective on Definium Therapeutics from $68.00 to $72.00 and gave the company an “overweight” rating in a report on Thursday, August 13th. Finally, Leerink Partners set a $52.00 price objective on Definium Therapeutics and gave the company an “outperform” rating in a research report on Monday, June 22nd. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Definium Therapeutics presently has a consensus rating of “Buy” and a consensus price target of $63.00.
View Our Latest Report on Definium Therapeutics
Insider Activity
Institutional Investors Weigh In On Definium Therapeutics
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Virtu Financial LLC bought a new position in shares of Definium Therapeutics during the 3rd quarter worth $379,000. Blair William & Co. IL raised its holdings in shares of Definium Therapeutics by 43.6% in the third quarter. Blair William & Co. IL now owns 31,905 shares of the company’s stock valued at $376,000 after acquiring an additional 9,687 shares in the last quarter. Cerity Partners LLC raised its holdings in shares of Definium Therapeutics by 2.4% in the second quarter. Cerity Partners LLC now owns 49,650 shares of the company’s stock valued at $322,000 after acquiring an additional 1,165 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Definium Therapeutics by 5.1% in the second quarter. JPMorgan Chase & Co. now owns 48,487 shares of the company’s stock valued at $315,000 after acquiring an additional 2,342 shares in the last quarter. Finally, Sender Co & Partners Inc. purchased a new stake in Definium Therapeutics in the third quarter worth about $305,000. 27.91% of the stock is owned by institutional investors.
Definium Therapeutics Trading Down 3.1%
DFTX traded down $1.40 on Thursday, reaching $44.42. 524,620 shares of the company traded hands, compared to its average volume of 2,281,632. Definium Therapeutics has a one year low of $8.70 and a one year high of $49.70. The firm has a fifty day simple moving average of $41.19 and a two-hundred day simple moving average of $27.49. The company has a market cap of $5.97 billion, a P/E ratio of -12.95 and a beta of 2.23. The company has a quick ratio of 6.95, a current ratio of 6.95 and a debt-to-equity ratio of 0.04.
Definium Therapeutics (NASDAQ:DFTX – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported ($1.44) EPS for the quarter, missing analysts’ consensus estimates of ($0.55) by ($0.89). As a group, equities research analysts expect that Definium Therapeutics will post -2.92 earnings per share for the current year.
About Definium Therapeutics
Definium Therapeutics, Inc, a clinical stage biopharmaceutical company, develops novel products to treat brain health disorders. The company’s lead product candidates include MM120, which is in phase 3 for the treatment of generalized anxiety disorder and attention deficit hyperactivity disorder; and DT402, a R-enantiomer of 3,4-methylenedioxymethamphetamine, which is in phase 2a clinical trials for the treatment of core symptoms of autism spectrum disorder. The company was formerly known as Mind Medicine (MindMed) Inc and changed its name to Definium Therapeutics, Inc in January 2026.
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