StockNews.com began coverage on shares of Aethlon Medical (NASDAQ:AEMD – Free Report) in a research report sent to investors on Friday. The firm issued a sell rating on the medical equipment provider’s stock.
Separately, HC Wainwright reissued a “buy” rating and set a $7.00 target price on shares of Aethlon Medical in a research note on Monday, March 10th.
Check Out Our Latest Stock Analysis on AEMD
Aethlon Medical Stock Performance
Aethlon Medical (NASDAQ:AEMD – Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The medical equipment provider reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.22) by $0.09. On average, equities research analysts forecast that Aethlon Medical will post -0.73 EPS for the current fiscal year.
Institutional Investors Weigh In On Aethlon Medical
Hedge funds have recently modified their holdings of the stock. Boothbay Fund Management LLC acquired a new stake in Aethlon Medical during the 4th quarter worth about $186,000. Virtu Financial LLC purchased a new position in shares of Aethlon Medical in the fourth quarter worth approximately $81,000. Sassicaia Capital Advisers LLC purchased a new position in shares of Aethlon Medical in the fourth quarter worth approximately $31,000. Allegiance Financial Group Advisory Services LLC acquired a new stake in shares of Aethlon Medical during the fourth quarter valued at approximately $26,000. Finally, Renaissance Technologies LLC purchased a new stake in shares of Aethlon Medical in the 4th quarter valued at approximately $25,000. 1.99% of the stock is owned by hedge funds and other institutional investors.
About Aethlon Medical
Aethlon Medical, Inc, a medical therapeutic company, focuses on developing products to treat cancer and life-threatening infectious diseases in the United States. It develops Hemopurifier, a clinical-stage immunotherapeutic device that removes tumor-derived exosomes and life-threatening viruses and use in organ transplantation.
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