Aclaris Therapts Cmn (NASDAQ:ACRS).
Westfield Capital Management Co Lp reports that it sold 157,310 shares in the previous quarter decreasing its stake in Aclaris Therapts Cmn (ACRS) by 12.6%. Its investment was valued at $28,183,000 a decrease of 16.8% as of the end of the quarter.
Several firms have updated their holdings. Tiaa Cref Investment Management LLC expanded its position by buying 15,207 shares an increase of 7.1% from 06/30/2017 to 09/30/2017. Tiaa Cref Investment Management LLC now holds 230,148 shares with a value of $5,940,000. The value of the position overall is up by 1.9%. As of quarter end Foresite Capital Management Iii, LLC had bought 122,950 shares growing its position 87.8%. The value of the total investment in Aclaris Therapts Cmn increased from $4,175,000 to $6,787,000 increasing 62.6% since the last quarter.
As of the end of the quarter Loomis Sayles & Co L P had acquired a total of 73,259 shares growing its holdings by 15.3%. The value in dollars went from $12,953,000 to $14,218,000 a change of 9.8% quarter to quarter.
November 7 investment analysts at Cantor Fitzgerald held the company rating at “Buy” with a current price target of $50.00. Equity analyst Cantor Fitzgerald released research on ACRS and giving a rating of “Buy” and a price target of $50.00.
On September 26 Cantor Fitzgerald kept the stock rating at “Buy” projecting a price of $50.00. September 18 investment analysts at Cantor Fitzgerald maintained a company rating of “Buy” targeting a price of $50.00.
September 8 investment analysts at JMP Securities made no change to the stock rating of “Outperform” with a current price target of $39.00. On August 9 analysts at Cantor Fitzgerald released guidance on ACRS stating a rating of “Buy” and projecting a price target of $50.00.
The company is up by 0.18% percent from yesterday’s close. The company currently has a P/E ratio of N/A and market cap is 671.02M. In the latest earnings report the EPS was $-2.16 with 30.83M shares outstanding.
Investors are feeling more bearish lately looking at the uptick in short interest. The company saw a rise in short interest of 1.29% as of the latest report on October 13, 2017. Short shares grew from 3,079,950 to 3,119,623 over that period. The days to cover decreased to 9.0 and the short interest percentage is 0.10% as of October 13.