Annexon, Inc (NASDAQ:ANNX) Given Average Recommendation of Moderate Buy by Analysts
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Annexon, Inc (NASDAQ:ANNX) Given Average Recommendation of Moderate Buy by Brokerages
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On February 2, 2024, Point72 Asset Management, led by Steven Cohen (Trades, Portfolio), made a significant move in the biotechnology sector by purchasing 4,868,603 shares of Annexon Inc (NASDAQ:ANNX). The shares were acquired at a price of $4.03 each, bringing the total position to 6.20% of Annexon's shares outstanding. This strategic buy reflects Cohen's confidence in Annexon Inc and adds a new dimension to Point72's diverse investment portfolio.