Wildcat Capital Management LLC cut its position in NantKwest, Inc. (NASDAQ:NK) by 24.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,391,539 shares of the biotechnology company’s stock after selling 1,093,956 shares during the period. NantKwest accounts for about 6.8% of Wildcat Capital Management LLC’s investment portfolio, making the stock its 3rd biggest position. Wildcat Capital Management LLC owned 4.27% of NantKwest worth $25,742,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC acquired a new position in NantKwest in the second quarter valued at about $100,000. Voya Investment Management LLC acquired a new position in NantKwest in the second quarter valued at about $102,000. Dynamic Technology Lab Private Ltd boosted its position in NantKwest by 53.4% in the first quarter. Dynamic Technology Lab Private Ltd now owns 32,939 shares of the biotechnology company’s stock valued at $117,000 after buying an additional 11,465 shares in the last quarter. Alliancebernstein L.P. boosted its position in NantKwest by 8.7% in the first quarter. Alliancebernstein L.P. now owns 33,800 shares of the biotechnology company’s stock valued at $120,000 after buying an additional 2,700 shares in the last quarter. Finally, State of Wisconsin Investment Board acquired a new position in NantKwest in the second quarter valued at about $129,000. Hedge funds and other institutional investors own 18.79% of the company’s stock.

Shares of NantKwest, Inc. (NASDAQ:NK) traded down 1.52% during trading on Thursday, hitting $5.20. 202,032 shares of the stock were exchanged. The firm has a 50 day moving average price of $5.65 and a 200 day moving average price of $5.65. The firm’s market capitalization is $413.09 million. NantKwest, Inc. has a 52 week low of $4.35 and a 52 week high of $7.95.

In related news, Director Steve Gorlin sold 39,604 shares of NantKwest stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of $5.93, for a total transaction of $234,851.72. Following the sale, the director now directly owns 246,280 shares of the company’s stock, valued at approximately $1,460,440.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 70.19% of the company’s stock.

NK has been the topic of a number of research reports. BidaskClub lowered shares of NantKwest from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. ValuEngine upgraded shares of NantKwest from a “strong sell” rating to a “sell” rating in a research report on Wednesday, June 14th. Citigroup Inc. set a $3.00 target price on shares of NantKwest and gave the stock a “sell” rating in a research report on Monday, August 14th. Finally, Zacks Investment Research lowered shares of NantKwest from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Three analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $5.33.

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NantKwest Company Profile

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Institutional Ownership by Quarter for NantKwest (NASDAQ:NK)

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