Baker Brothers Acquire 526,316 Shares of ACAD at $28.50 LINK
ACADIA Pharmaceuticals Director Bros. Advisors Lp Baker Acquires 526,316 Shares (ACAD)
Posted by Zach Kirkland on Mar 11th, 2014
ACADIA Pharmaceuticals (NASDAQ:ACAD) Director Bros. Advisors Lp Baker purchased 526,316 shares of the stock in a transaction dated Wednesday, March 5th. The shares were purchased at an average price of $28.50 per share, for a total transaction of $15,000,006.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
ACAD has been the subject of a number of recent research reports. Analysts at Jefferies Group raised their
price target on shares of ACADIA Pharmaceuticals from $26.00 to $38.00 in a research note on Tuesday, March 4th.