
Pasithea Therapeutics Corp. (NASDAQ:KTTA – Free Report) – Stock analysts at HC Wainwright issued their FY2025 earnings estimates for shares of Pasithea Therapeutics in a research report issued to clients and investors on Monday, December 8th. HC Wainwright analyst S. Nik anticipates that the company will earn ($1.50) per share for the year. HC Wainwright currently has a “Buy” rating and a $3.00 price target on the stock. HC Wainwright also issued estimates for Pasithea Therapeutics’ Q4 2025 earnings at ($0.18) EPS, FY2026 earnings at ($0.68) EPS, FY2027 earnings at ($0.82) EPS and FY2028 earnings at ($0.87) EPS.
Pasithea Therapeutics (NASDAQ:KTTA – Get Free Report) last released its earnings results on Thursday, November 13th. The company reported ($0.41) earnings per share for the quarter.
Read Our Latest Report on KTTA
Pasithea Therapeutics Stock Performance
Pasithea Therapeutics stock opened at $1.16 on Wednesday. Pasithea Therapeutics has a 52 week low of $0.28 and a 52 week high of $3.85. The firm has a market capitalization of $8.63 million, a PE ratio of -0.23 and a beta of 0.21. The business’s 50-day simple moving average is $0.81 and its 200-day simple moving average is $0.78.
Institutional Investors Weigh In On Pasithea Therapeutics
Hedge funds have recently made changes to their positions in the company. Two Sigma Investments LP acquired a new position in Pasithea Therapeutics during the 3rd quarter valued at about $26,000. Citadel Advisors LLC raised its stake in shares of Pasithea Therapeutics by 43.7% during the third quarter. Citadel Advisors LLC now owns 67,341 shares of the company’s stock worth $48,000 after buying an additional 20,483 shares during the last quarter. Finally, AdvisorShares Investments LLC raised its stake in shares of Pasithea Therapeutics by 261.5% during the second quarter. AdvisorShares Investments LLC now owns 193,547 shares of the company’s stock worth $140,000 after buying an additional 140,000 shares during the last quarter. Institutional investors and hedge funds own 23.92% of the company’s stock.
Insider Activity at Pasithea Therapeutics
In other news, Director Lawrence Steinman bought 133,333 shares of Pasithea Therapeutics stock in a transaction that occurred on Friday, November 28th. The stock was purchased at an average cost of $0.75 per share, with a total value of $99,999.75. Following the completion of the transaction, the director directly owned 199,691 shares in the company, valued at $149,768.25. This trade represents a 200.93% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders acquired 199,999 shares of company stock valued at $149,999 in the last three months. Corporate insiders own 2.70% of the company’s stock.
About Pasithea Therapeutics
Pasithea Therapeutics Corp., a biotechnology company, engages in discovery, research, and development of treatments for central nervous system disorders, RASopathies, and other diseases. Its lead product candidate PAS-004, a next-generation macrocyclic mitogen-activated protein kinase, or MEK inhibitor for use in the treatment of a range of RASopathies, including neurofibromatosis type 1 oncology indications.
Further Reading
- Five stocks we like better than Pasithea Therapeutics
- Consumer Staples Stocks, Explained
- Market Momentum: 3 Stocks Poised for Major Breakouts
- How to start investing in penny stocks
- 3 Reasons Casey’s General Stores Will Continue Trending Higher
- Insider Trades May Not Tell You What You Think
- Golden Cross Alert: 3 Stocks With Major Upside Potential
Receive News & Ratings for Pasithea Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pasithea Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter.
