JPMorgan Chase & Co. lessened its position in Centessa Pharmaceuticals PLC Sponsored ADR (NASDAQ:CNTA – Free Report) by 43.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 241,895 shares of the company’s stock after selling 186,539 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.18% of Centessa Pharmaceuticals worth $5,866,000 as of its most recent filing with the SEC.
A number of other large investors have also recently bought and sold shares of CNTA. American Century Companies Inc. raised its holdings in shares of Centessa Pharmaceuticals by 3.5% in the second quarter. American Century Companies Inc. now owns 1,130,708 shares of the company’s stock valued at $14,858,000 after purchasing an additional 37,954 shares during the last quarter. Royce & Associates LP acquired a new position in Centessa Pharmaceuticals during the third quarter worth $5,999,000. Eagle Health Investments LP bought a new position in Centessa Pharmaceuticals in the third quarter valued at $2,500,000. Foresite Capital Management VI LLC grew its position in Centessa Pharmaceuticals by 4.8% in the third quarter. Foresite Capital Management VI LLC now owns 1,314,019 shares of the company’s stock valued at $31,865,000 after purchasing an additional 60,640 shares in the last quarter. Finally, Federated Hermes Inc. acquired a new stake in Centessa Pharmaceuticals in the 3rd quarter valued at $42,429,000. Institutional investors and hedge funds own 82.01% of the company’s stock.
Insider Activity at Centessa Pharmaceuticals
In other Centessa Pharmaceuticals news, insider Karen M. Anderson sold 41,076 shares of the firm’s stock in a transaction on Thursday, March 26th. The stock was sold at an average price of $30.12, for a total transaction of $1,237,209.12. Following the completion of the sale, the insider owned 62,085 shares of the company’s stock, valued at $1,870,000.20. This trade represents a 39.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Iqbal J. Hussain sold 38,951 shares of Centessa Pharmaceuticals stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $25.15, for a total transaction of $979,617.65. Following the transaction, the insider directly owned 57,645 shares of the company’s stock, valued at approximately $1,449,771.75. This trade represents a 40.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 349,073 shares of company stock worth $9,429,412. Company insiders own 7.09% of the company’s stock.
Analyst Ratings Changes
Check Out Our Latest Research Report on Centessa Pharmaceuticals
Centessa Pharmaceuticals News Summary
Here are the key news stories impacting Centessa Pharmaceuticals this week:
- Positive Sentiment: Eli Lilly agreed to buy Centessa for $38 per share in cash plus a potential contingent value right (CVR) worth up to $9 per share, valuing the deal at roughly $6.3B up front and up to $7.8B including milestones; the transaction is framed as an expansion of Lilly’s neuroscience/sleep‑medicine pipeline. Eli Lilly to buy Centessa Pharma in $6.3 billion deal
- Positive Sentiment: Deal terms include the $38 cash upfront plus CVR milestones (up to $9) — investors are pricing some or all of the CVR into CNTA shares, which helps explain the stock trading above the $38 cash figure. Eli Lilly to acquire Centessa in $6.3B deal to expand neuroscience portfolio
- Positive Sentiment: Unusual options activity: large jump in call buying (nearly 3,000 calls traded, a ~472% spike vs. normal), signaling short‑term bullish speculation or hedging around the deal news.
- Neutral Sentiment: Analysts have mostly left ratings unchanged (Wolfe Research “peer perform”, Needham “hold”), suggesting the deal changes valuation more than near‑term fundamentals. Analyst coverage updates
- Neutral Sentiment: Trading metrics: unusually high share volume and CNTA trading near its 12‑month high, driven by the acquisition announcement and attendant positioning flows.
- Negative Sentiment: Shareholder litigation/investigations have been filed or announced (Ademi Firm and Halper Sadeh LLC) alleging Centessa shareholders may not be getting a fair price, which could lead to legal review, delay or pressure on deal terms. Shareholder Alert: The Ademi Firm investigates whether Centessa Pharmaceuticals plc is obtaining a Fair Price for Public Shareholders CNTA Stock Alert: Halper Sadeh LLC is Investigating Whether Centessa Pharmaceuticals plc is Obtaining a Fair Price for its Shareholders
Centessa Pharmaceuticals Trading Up 44.0%
Centessa Pharmaceuticals stock opened at $39.72 on Wednesday. The stock has a 50-day simple moving average of $26.29 and a 200 day simple moving average of $25.24. The stock has a market capitalization of $5.80 billion, a P/E ratio of -21.70 and a beta of 1.55. The company has a debt-to-equity ratio of 0.36, a quick ratio of 10.57 and a current ratio of 10.56. Centessa Pharmaceuticals PLC Sponsored ADR has a 52 week low of $9.60 and a 52 week high of $40.26.
Centessa Pharmaceuticals (NASDAQ:CNTA – Get Free Report) last released its quarterly earnings data on Tuesday, March 31st. The company reported ($0.48) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.38) by ($0.10). Analysts expect that Centessa Pharmaceuticals PLC Sponsored ADR will post -1.6 earnings per share for the current year.
About Centessa Pharmaceuticals
Centessa Pharmaceuticals plc is a global clinical‐stage biopharmaceutical company focused on the discovery and development of innovative therapies across multiple disease areas. The company operates a modular R&D network, bringing together a portfolio of independent, specialist research entities under a single corporate umbrella. This structure is designed to accelerate decision‐making and resource allocation while leveraging deep scientific expertise in each therapeutic domain.
Centessa’s pipeline spans oncology, immunology, neuroscience, cardiovascular and metabolic diseases, as well as rare genetic disorders.
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