<div id="readability-page-1"><p>AnaptysBio, Inc. (NASDAQ:ANAB - Get Free Report) shares were up 4.4% on Thursday . The company traded as high as $17.29 and last traded at $17.17. Approximately 85,418 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 533,342 shares. The stock had previously closed at $16.44.</p><h2>Wall Street Analyst Weigh In</h2><ul><li>Argenx's 28% Surge &amp; Promising Product Propel Investor Confidence</li></ul><p>ANAB has been the topic of a number of analyst reports. Wolfe Research started coverage on AnaptysBio in a research report on Tuesday, February 4th. They issued an &#34;outperform&#34; rating and a $25.00 price target on the stock. Wedbush  reissued an &#34;outperform&#34; rating and issued a $40.00 target price on shares of AnaptysBio in a research note on Wednesday, February 12th. Guggenheim  reaffirmed a &#34;buy&#34; rating on shares of AnaptysBio in a research report on Monday, March 3rd. Wells Fargo &amp; Company increased their price objective on shares of AnaptysBio from $40.00 to $51.00 and gave the company an &#34;overweight&#34; rating in a research report on Thursday, February 13th. Finally, JPMorgan Chase &amp; Co. lifted their target price on shares of AnaptysBio from $36.00 to $42.00 and gave the stock an &#34;overweight&#34; rating in a report on Wednesday, March 5th. Four research analysts have rated the stock with a hold rating, six have assigned  a buy rating and one  has given a strong buy rating to the company's stock. According to MarketBeat.com, AnaptysBio presently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $35.11.</p><p><b>Get Our Latest Report on AnaptysBio</b></p><h2>AnaptysBio Price Performance</h2><p>The firm has a 50-day simple moving average of $16.68 and a 200-day simple moving average of $22.85. The firm has a market capitalization of $518.27 million, a PE ratio of -2.75 and a beta of 0.02. </p><p>AnaptysBio (NASDAQ:ANAB - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The biotechnology company reported ($0.72) earnings per share for the quarter, topping the consensus estimate of ($1.61) by $0.89. AnaptysBio had a negative net margin of 289.75% and a negative return on equity of 287.94%. The business had revenue of $43.11 million for the quarter, compared to the consensus estimate of $10.17 million.  Equities analysts expect that  AnaptysBio, Inc. will post -6.08 earnings per share for the current year. </p><h2>Insider Buying and Selling at AnaptysBio</h2><p>In related news, Director Ecor1 Capital, Llc acquired 6,646 shares of the business's stock in a transaction that occurred on Thursday, January 2nd. The stock was bought at an average cost of $12.95 per share, for a total transaction of $86,065.70. Following the purchase, the director now owns 7,880,094 shares in the company, valued at $102,047,217.30. The trade was a 0.08 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 33.70% of the stock is currently owned by corporate insiders. </p><h2>Institutional Investors Weigh In On AnaptysBio</h2><p>A number of institutional investors and hedge funds have recently bought and sold shares of ANAB. Frazier Life Sciences Management L.P. raised its position in shares of  AnaptysBio by 2.0% during the third quarter. Frazier Life Sciences Management L.P. now owns 2,209,189 shares of the biotechnology company's stock valued at $74,008,000 after buying an additional 43,598 shares during the last quarter.  Point72 Asset Management L.P. raised its holdings in  AnaptysBio by 202.8% during the 3rd quarter. Point72 Asset Management L.P. now owns 54,200 shares of the biotechnology company's stock valued at $1,816,000 after buying an additional 36,300 shares during the period.  JPMorgan Chase &amp; Co. lifted its position in  AnaptysBio by 191.4% in the third quarter. JPMorgan Chase &amp; Co. now owns 33,744 shares of the biotechnology company's stock worth $1,130,000 after buying an additional 22,164 shares during the last quarter.  Victory Capital Management Inc. boosted its stake in  AnaptysBio by 677.9% during the third quarter. Victory Capital Management Inc. now owns 237,250 shares of the biotechnology company's stock worth $7,948,000 after buying an additional 206,750 shares during the period.  Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of  AnaptysBio during the 4th quarter worth about $311,000. </p><h2>AnaptysBio Company Profile</h2> (Get Free Report)<p>AnaptysBio, Inc, a clinical-stage biotechnology company, focuses in delivering immunology therapeutics. Its products include Rosnilimab, an IgG1 antibody that targets PD-1+ T cells, resulting in their agonism or depletion, broadly impacting pathogenic drivers of autoimmune and inflammatory diseases; and ANB032, a non-depleting antibody that binds to the BTLA checkpoint receptor and inhibits activated T cell proliferation; ANB033, a novel anti-CD122 antagonist antibody that targets the shared common beta subunit of the receptors for IL-15 and IL-2; ANB101, a BDCA2 modulator antibody that specifically targets plasmacytoid dendritic cells (pDCs); and Imsidolimab, an antibody that inhibits the interleukin-36 receptor, which is in the Phase 3 development for the treatment of generalized pustular psoriasis.</p><h2>Read More</h2><ul><li>Five stocks we like better than AnaptysBio</li><li>Using the MarketBeat Stock Split Calculator</li><li>Everything About Amazon Stock Signals a Buy—Time to Load Up?</li><li>How to Know Which Cryptocurrency to Buy: A Guide for Investors</li><li>5 Reasons Five Below’s Stock Price Is Heading Higher This Year</li><li>What is the Australian Securities Exchange (ASX) </li><li>Broadcom: Why the Chip Stock Remains a Top Long-Term AI Play</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in AnaptysBio Right Now?</h2><p>Before you consider AnaptysBio, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AnaptysBio wasn't on the list.</p><p>While AnaptysBio currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ANAB

<p>AnaptysBio (NASDAQ:ANAB) shares rose 4.4% to $17.17, with a trading volume significantly lower than average. Analysts have given the stock a "Moderate Buy" rating, with price targets ranging from $25 to $51. The company reported better-than-expected earnings, with revenue of $43.11 million. Insider buying was noted, and institutional investors have increased their stakes. AnaptysBio focuses on immunology therapeutics, with several products in development.</p>

AnaptysBio (NASDAQ:ANAB) Trading 4.4% Higher - Here's Why