Allena Pharmaceuticals Inc (NASDAQ:ALNA) has coverage initiated with a Buy rating

ME Staff
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Analyst Ratings For Allena Pharmaceuticals Inc (NASDAQ:ALNA)

Today, LADENBURG THALM/SH SH initiated coverage on Allena Pharmaceuticals Inc (NASDAQ:ALNA) with a Buy.

There are 7 Buy Ratings, no Strong Buy Ratings, no Sell Ratings, no Hold Ratings on the stock.

The current consensus rating on Allena Pharmaceuticals Inc (NASDAQ:ALNA) is Buy with a consensus target price of $33.10 per share, a potential 215.54% upside.

Some recent analyst ratings include

  • 8/2/2018-LADENBURG THALM/SH SH initiated coverage with a Buy rating.
  • 7/24/2018-Wedbush Reiterated Rating of Outperform.
  • 4/25/2018-B. Riley initiated coverage with a Buy rating.
  • 4/2/2018-Roth Capital initiated coverage with a Buy rating.
  • 11/27/2017-Cowen initiated coverage with a Outperform rating.
  • 11/27/2017-Jefferies Financial Group initiated coverage with a Buy rating.

Recent Insider Trading Activity For Allena Pharmaceuticals Inc (NASDAQ:ALNA)
Allena Pharmaceuticals Inc (NASDAQ:ALNA) has insider ownership of 36.70% and institutional ownership of 82.33%.

  • On 11/6/2017 Bessemer Venture Partners Vii, Major Shareholder, bought 36,000 with an average share price of $14.00 per share and the total transaction amounting to $504,000.00.
  • On 11/6/2017 James N Topper, Director, bought 500,000 with an average share price of $14.00 per share and the total transaction amounting to $7,000,000.00.

About Allena Pharmaceuticals Inc (NASDAQ:ALNA)
Allena Pharmaceuticals, Inc., a late-stage clinical biopharmaceutical company, engages in the development and commercialization of oral enzyme therapeutics to treat patients with rare and severe metabolic, and kidney disorders in the United States and internationally. The company's lead product candidate is ALLN-177, an oral enzyme therapeutic for the treatment of enteric hyperoxaluria, a metabolic disorder commonly associated with kidney stones in adults. It also develops ALLN-346 for patients with hyperuricemia and moderate to severe chronic kidney diseases. The company was incorporated in 2011 and is headquartered in Newton, Massachusetts.

Recent Trading Activity for Allena Pharmaceuticals Inc (NASDAQ:ALNA)
Shares of Allena Pharmaceuticals Inc closed the previous trading session at 10.49 −0.22 2.05% with 161400 shares trading hands.