Citadel Advisors Adds $47M in Alkermes plc ($ALKS)
Key Points
- Citadel Advisors changed its Alkermes plc ($ALKS) stake by 87.1% last quarter, boosting to 2,241,584 shares worth $101.19 million.
- Wall Street's consensus rating on $ALKS is Buy and an average price target of $46.12.
- $ALKS last traded around $45.14.
Citadel Advisors increased its position in Alkermes plc ($ALKS) by 87.1% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,241,584 shares of Alkermes plc after buying 1,043,316 shares during the quarter. Citadel Advisors's holdings in Alkermes plc were worth $101.19 million as of its most recent filing.
Alkermes plc ($ALKS) Stock
Alkermes plc Earnings
Analysts Set New Price Targets
About Alkermes plc
Alkermes plc, a biopharmaceutical company, engages in the research, development, and commercialization of pharmaceutical products to address unmet medical needs of patients in therapeutic areas in the United States, Ireland, and internationally. The company has a portfolio of proprietary commercial products for the treatment of opioid dependence, alcohol dependence, schizophrenia, bipolar I, and a pipeline of clinical and preclinical product candidates in development for neurological disorders. Its marketed products include ARISTADA, an intramuscular injectable suspension for the treatment of schizophrenia; ARISTADA INITIO for the treatment of schizophrenia in adults; VIVITROL for the treatment of alcohol and prevention of opioid dependence; LYBALVI, an oral atypical antipsychotic drug candidate for the treatment of adults with schizophrenia and bipolar I disorder; and LUMRYZ, an extended-release oral suspension product for the treatment of cataplexy or EDS in pediatric patients. The company also offers proprietary technology platforms to third parties to enable them to develop, commercialize, and manufacture products. It has collaboration agreements primarily with Janssen Pharmaceutica N.V., Janssen Pharmaceutica Inc, and Janssen Pharmaceutica International. Alkermes plc was founded in 1987 and is headquartered in Dublin, Ireland.
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