A number of firms have modified their ratings and price targets on shares of Prothena (NASDAQ: PRTA) recently:
- 7/25/2026 – Prothena was downgraded by Wall Street Zen from “buy” to “hold”.
- 7/24/2026 – Prothena had its “buy” rating reaffirmed by UBS Group AG.
- 7/24/2026 – Prothena had its “buy” rating reaffirmed by HC Wainwright. They now have a $30.00 price target on the stock.
- 7/9/2026 – Prothena was downgraded by Weiss Ratings from “sell (d-)” to “sell (e+)”.
- 6/23/2026 – Prothena was upgraded by Weiss Ratings from “sell (e+)” to “sell (d-)”.
- 6/6/2026 – Prothena was upgraded by Wall Street Zen from “hold” to “buy”.
- 6/2/2026 – Prothena was downgraded by Weiss Ratings from “sell (d-)” to “sell (e+)”.
Insider Buying and Selling at Prothena
In other Prothena news, major shareholder William P. Scully purchased 20,000 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were bought at an average cost of $7.90 per share, for a total transaction of $158,000.00. Following the completion of the purchase, the insider directly owned 756,000 shares in the company, valued at approximately $5,972,400. This represents a 2.72% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders have purchased 345,000 shares of company stock worth $3,097,250 in the last 90 days. 10.40% of the stock is currently owned by corporate insiders.
The company’s most advanced program is an antibody targeting aggregated alpha-synuclein for the potential treatment of Parkinson’s disease, currently in mid-stage clinical trials.
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