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135,061 Shares in Perspective Therapeutics, Inc. (NYSE:CATX) Acquired by Federated Hermes Inc.

Perspective Therapeutics logo with Medical background

Key Points

  • Federated Hermes Inc. acquired 135,061 shares of Perspective Therapeutics, Inc. (NYSE:CATX) during the first quarter, valued at approximately $288,000, representing a 0.18% stake in the company.
  • Recent analyst ratings have favored Perspective Therapeutics, with multiple research firms issuing buy ratings and price targets ranging from $8.00 to $16.00.
  • The stock of Perspective Therapeutics has shown significant volatility, with a one-year low of $1.60 and a high of $16.55.
  • Want stock alerts on Perspective Therapeutics? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Federated Hermes Inc. purchased a new stake in shares of Perspective Therapeutics, Inc. (NYSE:CATX - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 135,061 shares of the company's stock, valued at approximately $288,000. Federated Hermes Inc. owned 0.18% of Perspective Therapeutics as of its most recent SEC filing.

Several other large investors have also made changes to their positions in CATX. Millennium Management LLC bought a new stake in shares of Perspective Therapeutics in the fourth quarter worth about $4,132,000. Two Sigma Advisers LP acquired a new stake in Perspective Therapeutics in the 4th quarter valued at approximately $484,000. JPMorgan Chase & Co. raised its position in Perspective Therapeutics by 498.3% in the 4th quarter. JPMorgan Chase & Co. now owns 149,045 shares of the company's stock valued at $475,000 after buying an additional 124,133 shares during the last quarter. Two Sigma Investments LP acquired a new stake in Perspective Therapeutics in the 4th quarter valued at approximately $2,075,000. Finally, Jump Financial LLC acquired a new stake in Perspective Therapeutics in the 4th quarter valued at approximately $688,000. Institutional investors and hedge funds own 54.66% of the company's stock.

Perspective Therapeutics Trading Up 3.5%

CATX stock traded up $0.14 during midday trading on Thursday, reaching $3.95. 382,834 shares of the company were exchanged, compared to its average volume of 949,464. The business has a 50-day moving average price of $3.74 and a two-hundred day moving average price of $2.97. Perspective Therapeutics, Inc. has a one year low of $1.60 and a one year high of $16.55.

Wall Street Analyst Weigh In

CATX has been the topic of a number of recent research reports. Royal Bank Of Canada raised Perspective Therapeutics from an "outperform" rating to a "moderate buy" rating and lifted their target price for the company from $15.00 to $16.00 in a research report on Tuesday, June 3rd. Truist Financial decreased their price target on Perspective Therapeutics from $10.00 to $8.00 and set a "buy" rating for the company in a research note on Wednesday, May 14th. Lifesci Capital upgraded Perspective Therapeutics to a "strong-buy" rating in a research note on Saturday, July 12th. B. Riley restated a "buy" rating and issued a $12.00 price target (up from $9.00) on shares of Perspective Therapeutics in a research note on Monday, June 23rd. Finally, Wedbush restated an "outperform" rating and issued a $11.00 price target on shares of Perspective Therapeutics in a research note on Monday, June 23rd. One analyst has rated the stock with a hold rating, seven have issued a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Perspective Therapeutics currently has a consensus rating of "Buy" and a consensus target price of $12.56.

Check Out Our Latest Research Report on Perspective Therapeutics

About Perspective Therapeutics

(Free Report)

Perspective Therapeutics, Inc, together with its subsidiaries, develops precision-targeted alpha therapies (TAT) for oncology that treats cancer patients across multiple tumor types comprising metastatic disease. The company discovers, designs, and develop its initial programs candidates consists of VMT-a-NET, that is currently in Phase 1/2a clinical trials for patients with unresectable or metastatic somatostatin receptor type 2 (SSTR2) expressing tumors that have not previously received peptide-targeted radiopharmaceutical therapy, such as Lutathera, a beta-emitting therapy; and VMT01, which is currently in Phase 1/2a clinical trials for second-line or later treatment of patients with progressive melanocortin 1 receptor (MC1R) positive metastatic melanoma.

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Institutional Ownership by Quarter for Perspective Therapeutics (NYSE:CATX)

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