
Aardvark Therapeutics (NASDAQ:AARD) Trading 12% Higher - Time to Buy?

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Aardvark Therapeutics (NASDAQ:AARD) shares rose 12% to $12.65, with a market cap of $275.39 million. Analysts have given a consensus rating of "Moderate Buy" and a price target of $32.64. Recent insider purchases include CEO Tien-Li Lee acquiring 7,000 shares and CFO Nelson Sun buying 3,000 shares. Institutional investors have also increased their stakes in the company. Aardvark focuses on developing small-molecule modulators for autoimmune diseases, with its lead programs targeting Th17-driven conditions.
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