HC Wainwright reiterated their buy rating on shares of CollPlant Biotechnologies (NASDAQ:CLGN – Free Report) in a report issued on Friday morning,Benzinga reports. The brokerage currently has a $11.00 price objective on the stock.
CLGN has been the topic of a number of other reports. D. Boral Capital reissued a “buy” rating and issued a $14.00 price target on shares of CollPlant Biotechnologies in a research note on Wednesday. EF Hutton Acquisition Co. I raised CollPlant Biotechnologies to a “strong-buy” rating in a research report on Monday, August 5th.
Check Out Our Latest Stock Report on CollPlant Biotechnologies
CollPlant Biotechnologies Trading Up 5.4 %
Institutional Trading of CollPlant Biotechnologies
Several hedge funds have recently made changes to their positions in the business. Pinnacle Associates Ltd. increased its stake in CollPlant Biotechnologies by 6.4% during the 2nd quarter. Pinnacle Associates Ltd. now owns 564,360 shares of the company’s stock worth $2,805,000 after buying an additional 33,905 shares during the period. Villere ST Denis J & Co. LLC increased its position in shares of CollPlant Biotechnologies by 24.4% during the third quarter. Villere ST Denis J & Co. LLC now owns 484,867 shares of the company’s stock worth $2,407,000 after acquiring an additional 95,000 shares during the period. Finally, Benjamin Edwards Inc. purchased a new stake in shares of CollPlant Biotechnologies during the third quarter worth $112,000. Institutional investors and hedge funds own 21.69% of the company’s stock.
About CollPlant Biotechnologies
CollPlant Biotechnologies Ltd., a regenerative and aesthetic medicine company, focuses on three-dimensional (3D) bioprinting of tissues and organs, and medical aesthetics in the United States, Canada, Israel, Europe, and internationally. Its products are based on recombinant type I human collagen that is produced with its proprietary plant based genetic engineering technology.
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