Assenagon Asset Management S.A. Sells 13,220 Shares of Protara Therapeutics, Inc. (NASDAQ:TARA)

Assenagon Asset Management S.A. lowered its position in Protara Therapeutics, Inc. (NASDAQ:TARAFree Report) by 45.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,831 shares of the company’s stock after selling 13,220 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Protara Therapeutics were worth $26,000 as of its most recent SEC filing.

Separately, Virtu Financial LLC bought a new position in shares of Protara Therapeutics during the 2nd quarter worth $30,000. Institutional investors and hedge funds own 46.44% of the company’s stock.

Protara Therapeutics Trading Up 7.8 %

Shares of Protara Therapeutics stock opened at $2.89 on Friday. Protara Therapeutics, Inc. has a 12 month low of $1.04 and a 12 month high of $4.18. The stock’s fifty day moving average price is $2.05 and its 200-day moving average price is $1.90. The firm has a market cap of $32.83 million, a P/E ratio of -0.47 and a beta of 1.52.

Protara Therapeutics Company Profile

(Free Report)

Protara Therapeutics, Inc, a clinical-stage biopharmaceutical company, engages in advancing transformative therapies for the treatment of cancer and rare diseases. The company's lead program is TARA-002, an investigational cell therapy for the treatment of lymphatic malformations. It also develops intravenous choline chloride, an investigational phospholipid substrate replacement therapy for the treatment of intestinal failure associated liver disease.

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Institutional Ownership by Quarter for Protara Therapeutics (NASDAQ:TARA)

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