RTW INVESTMENTS, LP has increased its stake in Immatics NV, a biotechnology company specializing in cancer immunotherapies, by acquiring an additional 2,617,737 shares. This transaction, valued at $10.50 per share, boosts RTW’s total holding in Immatics NV to 11,433,354 shares, representing 8.50% of its portfolio. Despite Immatics NV being considered significantly overvalued with a low GF Score, the move underscores RTW’s continued confidence and strategic focus on the biotechnology sector.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
RTW INVESTMENTS, LP Increases Stake in Immatics NV
RTW INVESTMENTS, LP has increased its stake in Immatics NV, a biotechnology company specializing in cancer immunotherapies, by acquiring an additional 2,617,737 shares. This transaction, valued at $10.50 per share, boosts RTW’s total holding in Immatics NV to 11,433,354 shares, representing 8.50% of its portfolio. Despite Immatics NV being considered significantly overvalued with a low GF Score, the move underscores RTW’s continued confidence and strategic focus on the biotechnology sector.