Fintel reports that on July 3, 2023, Chardan Capital reiterated coverage of Femasys (NASDAQ:FEMY) with a Buy recommendation.
Analyst Price Forecast Suggests 1,450.00% Upside
As of June 2, 2023, the average one-year price target for Femasys is 7.90. The forecasts range from a low of 5.05 to a high of $11.55. The average price target represents an increase of 1,450.00% from its latest reported closing price of 0.51.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Femasys is 2MM, an increase of 35.56%. The projected annual non-GAAP EPS is -0.81.
What is the Fund Sentiment?
There are 21 funds or institutions reporting positions in Femasys. This is unchanged over the last quarter. Average portfolio weight of all funds dedicated to FEMY is 0.05%, an increase of 63.39%. Total shares owned by institutions increased in the last three months by 21.00% to 1,251K shares.
What are Other Shareholders Doing?
CM Management holds 241K shares representing 1.83% ownership of the company. No change in the last quarter.
MAI Capital Management holds 227K shares representing 1.72% ownership of the company. In it’s prior filing, the firm reported owning 88K shares, representing an increase of 61.37%. The firm increased its portfolio allocation in FEMY by 189.89% over the last quarter.
Clear Creek Financial Management holds 222K shares representing 1.68% ownership of the company. In it’s prior filing, the firm reported owning 209K shares, representing an increase of 5.64%. The firm increased its portfolio allocation in FEMY by 349.34% over the last quarter.
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 128K shares representing 0.97% ownership of the company. No change in the last quarter.
Tri Locum Partners holds 126K shares representing 0.96% ownership of the company. In it’s prior filing, the firm reported owning 103K shares, representing an increase of 18.77%. The firm increased its portfolio allocation in FEMY by 12.32% over the last quarter.
Key filings for this company:
This story originally appeared on Fintel.
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