Kessler Investment Group LLC acquired a new stake in shares of Celcuity Inc (NASDAQ:CELC) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,795 shares of the company’s stock, valued at approximately $115,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Acadian Asset Management LLC raised its position in Celcuity by 58.3% during the third quarter. Acadian Asset Management LLC now owns 4,797 shares of the company’s stock valued at $138,000 after purchasing an additional 1,766 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of Celcuity by 32.1% during the third quarter. Bank of New York Mellon Corp now owns 15,483 shares of the company’s stock worth $445,000 after buying an additional 3,761 shares during the last quarter. BlackRock Inc. grew its stake in shares of Celcuity by 1.6% during the third quarter. BlackRock Inc. now owns 291,411 shares of the company’s stock worth $8,381,000 after buying an additional 4,604 shares during the last quarter. Teachers Advisors LLC bought a new stake in shares of Celcuity during the third quarter worth $207,000. Finally, California Public Employees Retirement System bought a new stake in shares of Celcuity during the second quarter worth $248,000. Institutional investors and hedge funds own 15.24% of the company’s stock.

Shares of NASDAQ CELC traded up $0.15 during midday trading on Friday, reaching $22.80. 3 shares of the company were exchanged, compared to its average volume of 11,271. The stock has a market cap of $248.29 million, a PE ratio of -29.49 and a beta of 0.77. Celcuity Inc has a one year low of $13.16 and a one year high of $31.00.

Celcuity (NASDAQ:CELC) last posted its earnings results on Tuesday, November 13th. The company reported ($0.15) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.03. As a group, analysts expect that Celcuity Inc will post -0.76 EPS for the current year.

A number of analysts have weighed in on CELC shares. Craig Hallum boosted their target price on shares of Celcuity from $30.00 to $35.00 and gave the stock a “buy” rating in a research note on Wednesday, November 14th. HC Wainwright started coverage on shares of Celcuity in a research note on Tuesday, November 20th. They set a “buy” rating and a $36.00 target price on the stock.

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Celcuity Company Profile

Celcuity Inc, a cellular analysis company, discovers cancer sub-types and commercializes diagnostic tests to enhance the response rates of cancer patients treated with targeted therapies in the United States. The company is developing CELx tests to diagnose two new sub-types of HER2-negative breast cancer.

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Institutional Ownership by Quarter for Celcuity (NASDAQ:CELC)

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