SG Americas Securities LLC’s Investment in RAPT Therapeutics: A Promising Move towards Innovative Healthcare Solutions


On August 9, 2023, SG Americas Securities LLC made headlines with its recent acquisition of a new position in RAPT Therapeutics, Inc. (NASDAQ:RAPT). This move demonstrates the company’s commitment to expanding its portfolio and investing in promising biopharmaceutical ventures.

According to the Securities and Exchange Commission’s 13F filing, SG Americas Securities LLC acquired 13,058 shares of RAPT Therapeutics’ stock during the first quarter. With an approximate value of $240,000, this investment signifies the belief that RAPT Therapeutics has significant potential for growth and success in the market.

RAPT Therapeutics released its quarterly earnings data on May 11th, revealing some interesting insights. For the quarter, the company reported an EPS (earnings per share) of ($0.76), which fell short of the consensus estimate by ($0.12). This unexpected deviation from expectations can invariably impact investor sentiment; however, it is crucial to consider the long-term prospects and overall strategy of RAPT Therapeutics before drawing any hasty conclusions.

As a clinical-stage immunology-based biopharmaceutical company, RAPT Therapeutics has centered its efforts on discovering, developing, and commercializing oral small molecule therapies catered towards patients with unmet needs in oncology and inflammatory diseases within the United States. It is evident that their primary focus lies in providing effective treatment options for individuals grappling with various medical conditions.

One notable drug candidate in their pipeline is RPT193, a C-C motif chemokine receptor 4 (CCR4) antagonist designed to selectively inhibit the migration of type 2 T helper cells into inflamed tissues. By targeting this specific mechanism involved in inflammation processes, RPT193 holds significant potential as a therapeutic solution for patients facing inflammatory diseases.

While financial results serve as one aspect to evaluate and gauge a company’s performance, it is essential to recognize that these figures are a snapshot in time. RAPT Therapeutics’ management team, alongside their dedicated scientists and researchers, will continue their steadfast pursuit of innovation and breakthrough treatments to provide patients with optimal outcomes.

Equity research analysts anticipate that RAPT Therapeutics, Inc. will post -3.18 earnings per share for the current year on average. This projection reflects the intricacies involved in the biopharmaceutical industry, where extensive research and development efforts can impact short-term financial metrics.

Despite the financial figures proving perplexing to some, it is crucial to look beyond them and focus on RAPT Therapeutics’ commitment to addressing unmet medical needs. The company’s dedication to advancing immunology-based therapeutics provides hope for individuals who suffer from oncological and inflammatory afflictions.

In conclusion, SG Americas Securities LLC’s recent acquisition of a new position in RAPT Therapeutics solidifies the belief in this clinical-stage biopharmaceutical company’s potential for growth and success. As they focus on developing oral small molecule therapies, particularly their inflammation drug candidate RPT193, we can remain optimistic about the impact RAPT Therapeutics may have on improving patient care in the realm of oncology and inflammatory diseases. While financial results may fluctuate, it is essential not to overlook the long-term vision and dedication of companies like RAPT Therapeutics in transforming lives through innovative healthcare solutions.

RAPT Therapeutics, Inc.



Updated on: 09/08/2023

Price Target

Current $24.05

Concensus $42.20

Low $27.00

Median $48.00

High $55.00

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Social Sentiments

2:00 PM (UTC)

Date:09 August, 2023

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Analyst Ratings

Analyst / firm Rating
Guggenheim Buy
Wells Fargo Buy
Edward Tenthoff
Piper Sandler
Goldman Sachs Buy
Piper Sandler Buy

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Institutional Investors Show Confidence in RAPT Therapeutics, Driving Stock Performance

Institutional Investors Show Confidence in RAPT Therapeutics, Driving Stock Performance

August 9, 2023

RAPT Therapeutics, a leading biopharmaceutical company focused on developing innovative therapies, has received significant attention from institutional investors in recent months. These investors have either increased or decreased their stakes in the company, demonstrating their confidence in its potential for growth and success.

Among these institutional investors, New England Capital Financial Advisors LLC stands out as a firm that purchased a new position in RAPT Therapeutics during the fourth quarter of the previous year. This investment was valued at $28,000 and showcases optimism regarding the company’s prospects.

Quantbot Technologies LP also joined the list of institutional investors by acquiring a new position in RAPT Therapeutics during the second quarter of this year. The purchase amounted to approximately $107,000, adding to the growing interest surrounding the biopharmaceutical company.

Fred Alger Management LLC further contributed to RAPT Therapeutics’ institutional investor base by purchasing new shares worth around $122,000. This investment occurred during the fourth quarter of last year and further emphasizes the positive sentiment towards RAPT’s endeavors.

Ensign Peak Advisors Inc entered into an upswing by growing its stake in RAPT Therapeutics by an impressive 40.1% during the third quarter. By acquiring an additional 1,930 shares, Ensign Peak Advisors Inc now holds 6,740 shares of RAPT’s stock worth approximately $162,000. This substantial increase reflects its belief in RAPT’s potential for long-term success.

Legal & General Group Plc also expressed confidence in RAPT Therapeutics by raising its holdings by 19.4% during the second quarter of this year. With this move, Legal & General Group Plc now possesses 8,465 shares valued at $155,000. Their decision to purchase an additional 1,377 shares further reinforces their faith in RAPT Therapeutics’ growth trajectory.

These institutional investments highlight a strong vote of confidence in RAPT Therapeutics, reinforcing its market position and setting the stage for potential future success. Such a level of support from renowned institutions demonstrates the appeal of RAPT’s biopharmaceutical developments and its ability to capture investor interest and loyalty.

On Wednesday, RAPT Therapeutics opened at $22.58. The company currently holds a market capitalization of $775.51 million, with a price-to-earnings ratio of -8.52 and a beta of 0.35. Over the past fifty days, RAPT’s stock has shown stability with a moving average of $21.10, while its 200-day moving average is slightly higher at $22.08. The company has experienced fluctuation between its fifty-two week low of $15.59 and its fifty-two week high of $32.45.

Various equities research analysts have voiced their opinions on RAPT Therapeutics’ stock performance as well. Barclays initiated coverage on the company, assigning it an “overweight” rating alongside a target price of $35.00 per share in mid-June last year.

Similarly, HC Wainwright lowered their previously set target price on RAPT Therapeutics from $43.00 to $41.00 back in May this year; however, this downgrade does not dampen the overall positive sentiment surrounding the biopharmaceutical firm.

In another instance, Stifel Nicolaus recently commenced coverage on shares of RAPT Therapeutics and expressed their optimistic view by assigning it a “buy” rating.

Considering data from Bloomberg, it appears that ten investment analysts have rated RAPT Therapeutics as “Buy,” forming a consensus among experts in the field. Furthermore, they have established a consensus target price of $40.60 for the company’s stock.

These assessments reflect investors’ high expectations for RAPT Therapeutics’ future trajectory and illustrate the potential for significant growth as the company continues to develop and advance their innovative therapies.

In conclusion, RAPT Therapeutics has garnered significant attention from institutional investors, demonstrating increased confidence in its business strategy and potential for success. These investments reinforce the positive sentiment surrounding the company’s stock performance and set the stage for a promising future. With ongoing support from notable institutions, RAPT is well-positioned to continue making strides in the biopharmaceutical industry, further solidifying its standing as an industry leader.


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