Renaissance Technologies LLC increased its holdings in shares of Genocea Biosciences Inc (NASDAQ:GNCA) by 71.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 198,766 shares of the biotechnology company’s stock after acquiring an additional 82,600 shares during the quarter. Renaissance Technologies LLC owned about 0.23% of Genocea Biosciences worth $155,000 as of its most recent SEC filing.
Separately, Fosun International Ltd bought a new stake in Genocea Biosciences in the 3rd quarter valued at $323,000. Institutional investors own 56.96% of the company’s stock.
Several analysts recently issued reports on the company. Zacks Investment Research downgraded Genocea Biosciences from a “buy” rating to a “hold” rating in a research note on Thursday, November 8th. HC Wainwright restated a “buy” rating and issued a $5.00 price target on shares of Genocea Biosciences in a research note on Thursday, November 1st. Finally, ValuEngine downgraded Genocea Biosciences from a “hold” rating to a “sell” rating in a research note on Monday, December 17th.
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Genocea Biosciences Company Profile
Genocea Biosciences, Inc, a biopharmaceutical company, discovers and develops novel cancer vaccines. The company uses its proprietary discovery platform, ATLAS, to recall a patient's pre-existing CD4+ and CD8+ T cell immune responses to tumor to identify antigens for inclusion in vaccines that are designed to act through T cell (or cellular) immune responses.
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