NantKwest Inc. (NASDAQ:NK) Director John C. Thomas sold 20,000 shares of the company’s stock in a transaction on Wednesday, November 23rd. The stock was sold at an average price of $7.50, for a total value of $150,000.00. Following the transaction, the director now directly owns 322,789 shares in the company, valued at $2,420,917.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of NantKwest Inc. (NASDAQ:NK) opened at 7.48 on Friday. NantKwest Inc. has a 12-month low of $5.43 and a 12-month high of $18.74. The firm has a 50-day moving average of $6.86 and a 200 day moving average of $7.16. The stock’s market capitalization is $616.17 million.

Several equities analysts recently issued reports on NK shares. Piper Jaffray Cos. reissued an “overweight” rating and issued a $23.00 target price (down from $32.00) on shares of NantKwest in a research report on Wednesday, August 17th. Zacks Investment Research raised NantKwest from a “sell” rating to a “hold” rating in a research report on Wednesday, October 19th. Finally, Canaccord Genuity reissued a “buy” rating and issued a $18.00 target price on shares of NantKwest in a research report on Friday, August 19th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. NantKwest currently has a consensus rating of “Buy” and a consensus target price of $17.70.

Large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in NantKwest by 2.2% in the first quarter. JPMorgan Chase & Co. now owns 152,196 shares of the company’s stock valued at $1,251,000 after buying an additional 3,309 shares during the period. Bank of New York Mellon Corp boosted its stake in NantKwest by 39.4% in the second quarter. Bank of New York Mellon Corp now owns 78,443 shares of the company’s stock valued at $487,000 after buying an additional 22,155 shares during the period. California State Teachers Retirement System boosted its stake in NantKwest by 144.2% in the second quarter. California State Teachers Retirement System now owns 34,954 shares of the company’s stock valued at $217,000 after buying an additional 20,643 shares during the period. Swiss National Bank boosted its stake in NantKwest by 16.8% in the second quarter. Swiss National Bank now owns 42,450 shares of the company’s stock valued at $264,000 after buying an additional 6,100 shares during the period. Finally, Emerald Acquisition Ltd. purchased a new stake in NantKwest during the second quarter valued at about $228,000. 24.48% of the stock is owned by institutional investors and hedge funds.

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About NantKwest

NantKwest, Inc, formerly Conkwest, Inc, is a biotechnology company engaged in developing targeted direct-acting immunotherapeutic agents for a range of clinical conditions. The Company is focused on harnessing its immune system by using the natural killer (NK) cell to treat cancer, infectious diseases and inflammatory diseases.

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