AnaptysBio (NASDAQ:ANAB) Sets New 12-Month High on Analyst Upgrade

AnaptysBio, Inc. (NASDAQ:ANABGet Free Report)’s share price hit a new 52-week high during trading on Wednesday after Barclays raised their price target on the stock from $78.00 to $79.00. Barclays currently has an overweight rating on the stock. AnaptysBio traded as high as $58.50 and last traded at $58.47, with a volume of 202416 shares traded. The stock had previously closed at $52.83.

A number of other equities research analysts have also commented on the company. Wall Street Zen lowered AnaptysBio from a “strong-buy” rating to a “buy” rating in a research report on Friday, January 23rd. Truist Financial increased their price target on shares of AnaptysBio from $20.00 to $36.00 and gave the stock a “hold” rating in a research report on Monday, November 10th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AnaptysBio in a research report on Wednesday, January 21st. Wedbush reiterated an “outperform” rating and issued a $50.00 price objective on shares of AnaptysBio in a research note on Monday, November 24th. Finally, HC Wainwright lifted their target price on shares of AnaptysBio from $51.00 to $66.00 and gave the company a “buy” rating in a research note on Wednesday. Nine investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $68.67.

View Our Latest Report on ANAB

Insider Transactions at AnaptysBio

In other news, insider Eric J. Loumeau sold 10,000 shares of the company’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $54.00, for a total transaction of $540,000.00. Following the completion of the sale, the insider owned 12,835 shares in the company, valued at approximately $693,090. This represents a 43.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Daniel Faga sold 14,281 shares of the firm’s stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $44.71, for a total value of $638,503.51. Following the completion of the transaction, the chief executive officer directly owned 479,344 shares in the company, valued at $21,431,470.24. The trade was a 2.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 156,280 shares of company stock valued at $7,254,939 in the last three months. 33.50% of the stock is currently owned by company insiders.

More AnaptysBio News

Here are the key news stories impacting AnaptysBio this week:

  • Positive Sentiment: Q4 results beat expectations — AnaptysBio reported $1.58 EPS vs. consensus $0.89 and revenue of $108.3M vs. $87.1M, signaling stronger-than-expected commercial/royalty receipts and driving confidence in near-term cash flow. ANAB Q4 Earnings Beat
  • Positive Sentiment: Spin-off confirmed and on track — Management reiterated plans to separate the biopharma portfolio into a public company, First Tracks Biotherapeutics, targeted for Q2 2026 (possibly late‑April). Investors often reward separations that isolate distinct asset value. Spin-off Announcement
  • Positive Sentiment: Business update highlights royalty upside and solid liquidity — Company noted ongoing Phase 1b activity for ANB033, strong GSK Jemperli sales growth (implying meaningful future royalties), and year‑end cash & investments of ~ $311M—supporting operations through the separation. Corporate Update & Financials
  • Positive Sentiment: Analyst upgrades/price-target increases — Barclays raised its target to $79 with an overweight rating, and H.C. Wainwright raised its target to $66 (buy). These upgrades increase the visible upside and can attract buyers. Barclays PT Raise H.C. Wainwright PT Raise
  • Neutral Sentiment: Short-interest notices appear to be data anomalies — filings/data feeds flagged a “large increase” but report zero shares and NaN changes; the published days-to-cover is 0.0. This looks like a reporting error rather than informative short‑activity. (Monitor for corrected filings.)
  • Negative Sentiment: Underlying profitability metrics still negative — despite the quarter’s beat, the company reports a negative net margin and abnormal return-on-equity figures; some analysts still model a negative full‑year EPS, which leaves operating risk if royalty growth or the spin‑off timing disappoints.

Hedge Funds Weigh In On AnaptysBio

A number of institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd boosted its holdings in shares of AnaptysBio by 940.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,530 shares of the biotechnology company’s stock worth $74,000 after buying an additional 1,383 shares during the period. Invesco Ltd. raised its holdings in AnaptysBio by 192.6% in the 4th quarter. Invesco Ltd. now owns 124,006 shares of the biotechnology company’s stock worth $6,012,000 after acquiring an additional 81,625 shares during the period. Mackenzie Financial Corp acquired a new position in AnaptysBio during the 4th quarter worth $1,166,000. XTX Topco Ltd boosted its holdings in AnaptysBio by 113.3% during the fourth quarter. XTX Topco Ltd now owns 38,637 shares of the biotechnology company’s stock valued at $1,873,000 after acquiring an additional 20,526 shares during the period. Finally, nVerses Capital LLC acquired a new stake in shares of AnaptysBio in the fourth quarter valued at about $215,000.

AnaptysBio Stock Up 14.6%

The company has a 50-day moving average price of $50.02 and a 200-day moving average price of $38.65. The company has a market capitalization of $1.68 billion, a price-to-earnings ratio of -116.44 and a beta of 0.32.

AnaptysBio (NASDAQ:ANABGet Free Report) last announced its earnings results on Monday, March 9th. The biotechnology company reported $1.58 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.69. The firm had revenue of $108.25 million during the quarter, compared to the consensus estimate of $87.09 million. AnaptysBio had a negative return on equity of 1,101.24% and a negative net margin of 5.64%. Equities analysts expect that AnaptysBio, Inc. will post -6.08 EPS for the current fiscal year.

AnaptysBio announced that its Board of Directors has initiated a stock repurchase program on Friday, November 21st that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the biotechnology company to buy up to 9.6% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

AnaptysBio Company Profile

(Get Free Report)

AnaptysBio, Inc is a clinical-stage biotechnology company focused on the discovery and development of therapeutic antibody product candidates in immunology and inflammation. Founded in 2012 and headquartered in San Diego, California, AnaptysBio leverages a proprietary somatic hypermutation platform to rapidly generate and refine human antibodies with optimized efficacy and safety profiles. The company’s technology is designed to accelerate target validation and candidate selection across a range of immune-mediated conditions.

The company’s pipeline includes multiple clinical-stage programs addressing dermatological and inflammatory disorders.

Further Reading

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