Walleye Capital LLC Has $641,000 Holdings in Century Therapeutics, Inc. (NASDAQ:IPSC)

Walleye Capital LLC trimmed its holdings in Century Therapeutics, Inc. (NASDAQ:IPSCGet Rating) by 18.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 50,908 shares of the company’s stock after selling 11,563 shares during the period. Walleye Capital LLC’s holdings in Century Therapeutics were worth $641,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of IPSC. American International Group Inc. boosted its holdings in shares of Century Therapeutics by 37.1% in the first quarter. American International Group Inc. now owns 8,604 shares of the company’s stock valued at $108,000 after buying an additional 2,328 shares during the period. MetLife Investment Management LLC acquired a new position in Century Therapeutics in the 1st quarter worth $153,000. New York State Common Retirement Fund increased its holdings in Century Therapeutics by 76.9% during the 1st quarter. New York State Common Retirement Fund now owns 13,651 shares of the company’s stock worth $172,000 after purchasing an additional 5,933 shares in the last quarter. Rhumbline Advisers acquired a new stake in shares of Century Therapeutics in the 1st quarter valued at about $188,000. Finally, Goldman Sachs Group Inc. boosted its position in shares of Century Therapeutics by 11.2% during the first quarter. Goldman Sachs Group Inc. now owns 20,746 shares of the company’s stock worth $261,000 after buying an additional 2,091 shares during the period. 36.97% of the stock is currently owned by institutional investors.

Insider Activity

In related news, major shareholder Versant Venture Capital Vi, L. sold 550,000 shares of the business’s stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $13.03, for a total transaction of $7,166,500.00. Following the transaction, the insider now directly owns 11,816,814 shares in the company, valued at $153,973,086.42. The sale was disclosed in a filing with the SEC, which is available through this link. 10.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Separately, Roth Capital began coverage on Century Therapeutics in a research report on Friday, June 10th. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $27.00.

Century Therapeutics Trading Down 2.4 %

Century Therapeutics stock opened at $9.41 on Thursday. The company has a market cap of $554.08 million, a price-to-earnings ratio of -4.90 and a beta of 0.27. The firm has a 50-day moving average of $10.87 and a 200-day moving average of $10.59. The company has a debt-to-equity ratio of 0.03, a current ratio of 17.79 and a quick ratio of 17.79. Century Therapeutics, Inc. has a one year low of $7.32 and a one year high of $25.87.

Century Therapeutics (NASDAQ:IPSCGet Rating) last issued its quarterly earnings results on Thursday, August 11th. The company reported ($0.54) EPS for the quarter, missing the consensus estimate of ($0.50) by ($0.04). The company had revenue of $1.40 million during the quarter, compared to analysts’ expectations of $1.20 million. On average, equities analysts expect that Century Therapeutics, Inc. will post -2.41 earnings per share for the current fiscal year.

Century Therapeutics Company Profile

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Century Therapeutics, Inc, a biotechnology company, develops transformative allogeneic cell therapies for the treatment of solid tumor and hematological malignancies. The company's lead product candidate is CNTY-101, an allogeneic, induced pluripotent stem cells (iPSCs)-derived chimeric antigen receptors (CAR)-iNK cell therapy targeting CD19 for relapsed, refractory B-cell lymphoma.

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Institutional Ownership by Quarter for Century Therapeutics (NASDAQ:IPSC)

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