Caribou Biosciences, Inc. Picked Up Intellia Therapeutics Inc. (NASDAQ:NTLA) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Intellia Therapeutics Inc. (NASDAQ:NTLA) reported that Caribou Biosciences, Inc. has picked up 5,593,846 of common stock as of 2017-02-28.
The acquisition brings the aggregate amount owned by Caribou Biosciences, Inc. to a total of 5,593,846 representing a 15.5% stake in the company.
For those not familiar with the company, Intellia Therapeutics, Inc. is a genome editing company. The Company is focused on developing therapeutics utilizing a biological tool known as CRISPR/Cas9. The CRISPR/Cas9 genome editing system includes two components: the Cas9 protein and the guide RNA sequence. The Cas9 protein acts like a pair of molecular scissors that initiates the natural cellular repair process to knockout, repair or insert a gene. The guide RNA sequence recognizes and directs the Cas9 to a specific target deoxyribonucleic acid (DNA) sequence. The Company’s sentinel in vivo programs focus on the use of Lipid Nanoparticle (LNPs) for delivery of the CRISPR/Cas9 complex to the liver. The Company’s division, eXtellia Therapeutics, is focused on the application of CRISPR/Cas9 genome editing in the fields of immuno-oncology and autoimmune and inflammatory diseases. The Company’s subsidiary is Intellia Securities Corp. As of September 30, 2016, the Company had not generated any revenue.
A glance at Intellia Therapeutics Inc(NASDAQ:NTLA)’s key stats reveals a current market capitalization of 562.27 million based on 36.00 million shares outstanding and a price at last close of $14.28 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2016-05-11, Orbimed picked up 58,534 at a purchase price of $18.00. This brings their total holding to 2,662,180 as of the date of the filing.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Intellia Therapeutics Inc. (NASDAQ:NTLA) as things move forward to see if its progress aligns with these transactions.
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Fiesta Restaurant Group Inc. (NASDAQ:FRGI) is Attracting Smart Money
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Fiesta Restaurant Group Inc. (NASDAQ:FRGI) reported that Jcp Investment Management, Llc. has picked up 455,012 of common stock as of 2017-02-28.
The acquisition brings the aggregate amount owned by Jcp Investment Management, Llc. to a total of 455,012 representing a 1.69% stake in the company.
For those not familiar with the company, Fiesta Restaurant Group, Inc. (Fiesta) owns, operates and franchises approximately two fast-casual restaurant brands, Pollo Tropical and Taco Cabana. The Company operates through the Pollo Tropical and Taco Cabana segments. Its Pollo Tropical is a fast-casual restaurant brand offering a range of Caribbean food. Taco Cabana restaurants offers a selection of hand-made Mexican food. Pollo Tropical restaurants offer Caribbean menu items, featuring its bone-in chicken marinated in blend of tropical fruit juices and grilled over an open flame. Its Taco Cabana restaurants serves Mexican food, including flame-grilled steak and chicken fajitas served on sizzling iron skillets, quesadillas, hand-rolled flautas, enchiladas, burritos, tacos flour tortillas, customizable salads served in its Cabana Bowl, and its breakfast tacos. It also offer a self-serve salsa bar, which includes a selection of made-from-scratch salsas, sauces, sliced jalapenos, chopped cilantro, chopped onions and other items.
A glance at Fiesta Restaurant Group Inc. (NASDAQ:FRGI)’s key stats reveals a current market capitalization of 526.28 million based on 26.76 million shares outstanding and a price at last close of $19.85 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2016-05-1, Meisenheimer picked up 2,600 at a purchase price of $26.32. This brings their total holding to 26,814 as of the date of the filing.
On the sell side, the most recent transaction saw Todd unload 32 shares at a sale price of $23.45. This brings their total holding to 14,054.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Fiesta Restaurant Group Inc. (NASDAQ:FRGI) as things move forward to see if its progress aligns with these transactions.
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