Aaron Wealth Advisors LLC Has $572,000 Position in Kura Oncology, Inc. (NASDAQ:KURA)

Aaron Wealth Advisors LLC lessened its holdings in Kura Oncology, Inc. (NASDAQ:KURAFree Report) by 3.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 65,685 shares of the company’s stock after selling 2,306 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Kura Oncology were worth $572,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Hsbc Holdings PLC raised its holdings in shares of Kura Oncology by 13.4% in the 2nd quarter. Hsbc Holdings PLC now owns 18,300 shares of the company’s stock worth $374,000 after buying an additional 2,167 shares in the last quarter. HighVista Strategies LLC bought a new position in shares of Kura Oncology during the second quarter valued at $345,000. Integral Health Asset Management LLC bought a new position in shares of Kura Oncology during the second quarter valued at $2,059,000. Marshall Wace LLP acquired a new stake in shares of Kura Oncology in the 2nd quarter valued at $541,000. Finally, Armistice Capital LLC grew its holdings in shares of Kura Oncology by 14.7% in the 2nd quarter. Armistice Capital LLC now owns 2,350,000 shares of the company’s stock worth $48,386,000 after purchasing an additional 302,000 shares during the last quarter.

Kura Oncology Price Performance

Shares of KURA stock opened at $7.26 on Monday. The company has a quick ratio of 11.47, a current ratio of 11.47 and a debt-to-equity ratio of 0.02. Kura Oncology, Inc. has a 12 month low of $6.98 and a 12 month high of $24.17. The firm has a market cap of $564.54 million, a price-to-earnings ratio of -3.08 and a beta of 0.81. The stock has a 50-day moving average price of $10.51 and a 200 day moving average price of $16.33.

Wall Street Analysts Forecast Growth

KURA has been the subject of several analyst reports. Jefferies Financial Group cut their price target on shares of Kura Oncology from $32.00 to $28.00 and set a “buy” rating for the company in a report on Thursday, November 21st. Lifesci Capital raised Kura Oncology to a “strong-buy” rating in a report on Tuesday, October 22nd. Bank of America dropped their price target on Kura Oncology from $36.00 to $29.00 and set a “buy” rating for the company in a report on Friday, November 22nd. Cantor Fitzgerald reiterated an “overweight” rating on shares of Kura Oncology in a research report on Monday, December 9th. Finally, TD Cowen restated a “buy” rating on shares of Kura Oncology in a report on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Kura Oncology currently has an average rating of “Moderate Buy” and an average price target of $27.38.

Read Our Latest Research Report on Kura Oncology

About Kura Oncology

(Free Report)

Kura Oncology, Inc, a clinical-stage biopharmaceutical company, develops medicines for the treatment of cancer. The company’s pipeline consists of small molecule product candidates that target cancer. Its lead product candidates are ziftomenib, an orally bioavailable small molecule inhibitor of the menin-KMT2A interaction for the treatment of genetically defined subsets of acute leukemias, including acute myeloid leukemia and acute lymphoblastic leukemia; tipifarnib, an orally bioavailable farnesyl transferase inhibitor combination with alpelisib for patients with PIK3CA-dependent HNSCC; and KO-2806, a farnesyl transferase inhibitor for the treatment of solid tumors.

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Institutional Ownership by Quarter for Kura Oncology (NASDAQ:KURA)

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