Affinity Asset Advisors LLC Makes New $9.09 Million Investment in Nautilus Biotechnology, Inc. (NASDAQ:NAUT)

Affinity Asset Advisors LLC acquired a new position in shares of Nautilus Biotechnology, Inc. (NASDAQ:NAUT) during the 2nd quarter, Holdings Channel reports. The firm acquired 900,000 shares of the company’s stock, valued at approximately $9,090,000. Nautilus Biotechnology accounts for about 3.3% of Affinity Asset Advisors LLC’s investment portfolio, making the stock its 4th biggest position.

Other hedge funds have also bought and sold shares of the company. Penserra Capital Management LLC acquired a new position in Nautilus Biotechnology during the 2nd quarter valued at approximately $48,000. Magnetar Financial LLC acquired a new position in Nautilus Biotechnology during the 2nd quarter worth $108,000. Lombard Odier Asset Management USA Corp acquired a new position in Nautilus Biotechnology during the 2nd quarter worth $505,000. Geode Capital Management LLC acquired a new position in Nautilus Biotechnology during the 2nd quarter worth $660,000. Finally, Franklin Resources Inc. acquired a new position in Nautilus Biotechnology during the 2nd quarter worth $5,050,000. Institutional investors own 26.60% of the company’s stock.

In other news, Director Matthew S. Mcilwain purchased 13,568 shares of the business’s stock in a transaction on Tuesday, August 24th. The stock was purchased at an average price of $7.68 per share, with a total value of $104,202.24. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Anna Mowry purchased 17,500 shares of the business’s stock in a transaction on Thursday, August 12th. The stock was purchased at an average cost of $7.71 per share, with a total value of $134,925.00. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 47,777 shares of company stock valued at $367,204.

NASDAQ:NAUT traded up $0.03 during trading hours on Thursday, hitting $5.86. 9,844 shares of the company’s stock traded hands, compared to its average volume of 479,938. Nautilus Biotechnology, Inc. has a twelve month low of $5.39 and a twelve month high of $25.89. The stock has a fifty day moving average price of $7.06.

Nautilus Biotechnology (NASDAQ:NAUT) last posted its quarterly earnings results on Monday, August 9th. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.12). As a group, sell-side analysts anticipate that Nautilus Biotechnology, Inc. will post -0.38 earnings per share for the current year.

NAUT has been the subject of several research analyst reports. The Goldman Sachs Group initiated coverage on Nautilus Biotechnology in a report on Wednesday, August 4th. They issued a “neutral” rating and a $10.00 price objective for the company. Jefferies Financial Group initiated coverage on Nautilus Biotechnology in a research report on Tuesday, July 13th. They set a “buy” rating and a $13.00 target price on the stock.

Nautilus Biotechnology Company Profile

Nautilus Biotechnology, Inc, a development stage life sciences company, engages in creating platform technology for quantifying and unlocking the complexity of the proteome. It operates Nautilus Proteomic Analysis Platform, an integrated single-molecule protein analysis platform that leverages a nanofabricated, large-scale, single-molecule protein array, multi-cycle imaging, and machine learning analysis to potentially identify and quantify the proteome.

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Institutional Ownership by Quarter for Nautilus Biotechnology (NASDAQ:NAUT)

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