Institutional investors in Aclaris Therapeutics, Inc. (NASDAQ:ACRS) see US$21m decrease in market cap last week, although long-term gains have benefitted them.

Simplywall
2025.04.05 20:11
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Institutional investors in Aclaris Therapeutics, Inc. (NASDAQ:ACRS) experienced a US$21 million decrease in market cap last week, with their holdings dropping 12% in value. Despite this, they have seen an 18% return over the past year. Institutions hold about 46% of the shares, indicating significant influence on stock performance. Hedge funds own 28%, with BML Capital Management being the largest shareholder. Insider ownership is relatively low at 1.4%, while the general public holds 15%. The concentration of ownership suggests potential volatility in stock price due to institutional trading decisions.