Palvella Therapeutics (NASDAQ:PVLA) Reaches New 1-Year High Following Analyst Upgrade

Palvella Therapeutics, Inc. (NASDAQ:PVLAGet Free Report)’s share price reached a new 52-week high on Tuesday after Mizuho raised their price target on the stock from $205.00 to $250.00. Mizuho currently has an outperform rating on the stock. Palvella Therapeutics traded as high as $127.69 and last traded at $124.45, with a volume of 470889 shares trading hands. The stock had previously closed at $87.84.

A number of other equities research analysts have also weighed in on PVLA. UBS Group reissued a “buy” rating and set a $143.00 price objective on shares of Palvella Therapeutics in a report on Monday, December 15th. HC Wainwright boosted their price target on Palvella Therapeutics from $200.00 to $255.00 and gave the company a “buy” rating in a research note on Tuesday. TD Cowen restated a “buy” rating on shares of Palvella Therapeutics in a research note on Monday, February 2nd. Craig Hallum began coverage on Palvella Therapeutics in a report on Thursday, December 4th. They set a “buy” rating and a $175.00 target price for the company. Finally, BTIG Research increased their price target on shares of Palvella Therapeutics from $192.00 to $215.00 and gave the stock a “buy” rating in a report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $176.44.

Get Our Latest Analysis on Palvella Therapeutics

Insider Buying and Selling

In other news, COO Kathleen Goin sold 4,302 shares of Palvella Therapeutics stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $97.63, for a total transaction of $420,004.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 20.50% of the company’s stock.

Key Stories Impacting Palvella Therapeutics

Here are the key news stories impacting Palvella Therapeutics this week:

  • Positive Sentiment: Positive Phase 3 SELVA topline results for QTORIN™ 3.9% rapamycin — a clinical win materially increases the program’s regulatory and commercial outlook and is the primary driver of the stock rally. Palvella Therapeutics Announces Positive Topline Results
  • Positive Sentiment: Multiple analysts raised price targets and estimates (H.C. Wainwright to $255, Mizuho to $250, BTIG to $215, Chardan to $210) and H.C. Wainwright materially upgraded multi-year EPS forecasts — these actions amplify bullish sentiment and institutional demand. H.C. Wainwright Price Target Raise
  • Neutral Sentiment: Palvella priced an upsized public offering of 1.6M shares at $125 to raise about $200M (with a 30?day option for +240k shares) to fund development of QTORIN programs and general corporate needs — this materially strengthens the company’s cash runway but will add shares outstanding when closed. Pricing of Upsized Public Offering
  • Neutral Sentiment: Short interest rose (~17.8% of float, days-to-cover ~5.5) in February — this can amplify intraday moves (both upward via squeeze dynamics and downward via short pressure) and adds volatility risk for traders.
  • Negative Sentiment: All offering shares are being sold by Palvella (not insiders), so the new issuance will dilute existing holders; reported insider sales (COO sales disclosed) may also concern some investors about near-term insider sentiment. Quiver Quant Offering Summary

Hedge Funds Weigh In On Palvella Therapeutics

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PVLA. First Light Asset Management LLC acquired a new position in shares of Palvella Therapeutics during the 3rd quarter worth about $33,949,000. Summit Partners Public Asset Management LLC raised its holdings in shares of Palvella Therapeutics by 1,016.0% during the fourth quarter. Summit Partners Public Asset Management LLC now owns 389,420 shares of the company’s stock valued at $40,761,000 after acquiring an additional 354,525 shares during the last quarter. Federated Hermes Inc. purchased a new position in shares of Palvella Therapeutics in the third quarter valued at approximately $21,255,000. Vanguard Group Inc. boosted its stake in shares of Palvella Therapeutics by 202.0% in the third quarter. Vanguard Group Inc. now owns 494,656 shares of the company’s stock worth $31,010,000 after acquiring an additional 330,847 shares during the last quarter. Finally, State Street Corp increased its position in shares of Palvella Therapeutics by 206.3% during the fourth quarter. State Street Corp now owns 420,462 shares of the company’s stock worth $44,010,000 after purchasing an additional 283,211 shares in the last quarter. 40.11% of the stock is owned by hedge funds and other institutional investors.

Palvella Therapeutics Stock Performance

The company has a 50 day moving average of $92.78 and a 200 day moving average of $78.86. The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of -55.84 and a beta of -0.16.

Palvella Therapeutics Company Profile

(Get Free Report)

Palvella Therapeutics, Inc (NASDAQ: PVLA) is a clinical?stage biopharmaceutical company devoted to the discovery and development of innovative therapies for immunological and inflammatory diseases. The company employs a proprietary small?molecule and biologics platform to identify and modulate key molecular pathways that drive neutrophil? and complement?mediated inflammation, aiming to deliver targeted treatment options for patients with significant unmet medical needs.

Palvella’s pipeline comprises several preclinical assets designed to address both prevalent chronic inflammatory conditions and rare autoinflammatory syndromes.

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