The average one-year price target for Galecto (NasdaqCM:GLTO) has been revised to $32.64 / share. This is an increase of 433.33% from the prior estimate of $6.12 dated August 30, 2025.
The price target is an average of many targets provided by analysts. The latest targets range from a low of $32.32 to a high of $33.60 / share. The average price target represents an increase of 42.60% from the latest reported closing price of $22.89 / share.
What is the Fund Sentiment?
There are 18 funds or institutions reporting positions in Galecto. This is an increase of 2 owner(s) or 12.50% in the last quarter. Average portfolio weight of all funds dedicated to GLTO is 0.01%, an increase of 349.02%. Total shares owned by institutions increased in the last three months by 24.17% to 190K shares.
What are Other Shareholders Doing?
Novo Holdings A holds 87K shares representing 6.52% ownership of the company. In its prior filing, the firm reported owning 100K shares , representing a decrease of 15.40%. The firm decreased its portfolio allocation in GLTO by 13.69% over the last quarter.
Connective Capital Management holds 27K shares representing 2.03% ownership of the company.
Two Sigma Investments holds 20K shares representing 1.53% ownership of the company.
Renaissance Technologies holds 15K shares representing 1.13% ownership of the company. In its prior filing, the firm reported owning 15K shares , representing an increase of 3.32%. The firm increased its portfolio allocation in GLTO by 11.98% over the last quarter.
Virtu Financial holds 13K shares representing 0.99% ownership of the company.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
