Alto Neuroscience(ANRO)
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Alto Neuroscience to Participate in Upcoming Investor Conferences
Businesswire· 2025-10-28 11:34
Core Insights - Alto Neuroscience is a clinical-stage biopharmaceutical company focused on developing precision medicines for neuropsychiatric disorders [2][8] - The company will participate in upcoming investor conferences, providing opportunities for management to present and engage with investors [1][4] Company Overview - Alto Neuroscience aims to redefine psychiatry by utilizing neurobiology to create personalized treatment options [2] - The company's Precision Psychiatry Platform™ analyzes various brain biomarkers to identify patients likely to respond to its product candidates [2] Recent Developments - Alto Neuroscience announced a $50 million private placement financing to support the development of its drug candidates, including ALTO-207 for treatment-resistant depression [7][8] - The FDA granted Fast Track designation to ALTO-101 for treating cognitive impairment associated with schizophrenia, highlighting the urgency and potential of this treatment [9] Investor Engagement - Upcoming presentations include participation in the Stifel 2025 Healthcare Conference and the Jefferies London Healthcare Conference, allowing for direct interaction with investors [4] - Presentations will be accessible via live webcast, with replays available on the company's investor relations website [1][3]
Here's Why Alto Neuroscience, Inc. (ANRO) is a Great Momentum Stock to Buy
ZACKS· 2025-10-23 17:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Alto Neuroscience, Inc. (ANRO) - ANRO currently holds a Momentum Style Score of B, indicating potential as a solid momentum pick [3] - The company has a Zacks Rank of 2 (Buy), suggesting strong performance potential [4] Price Performance - Over the past week, ANRO shares have increased by 7.8%, while the Zacks Medical - Biomedical and Genetics industry remained flat [6] - In the last month, ANRO's price has surged by 162.89%, significantly outperforming the industry's 3.04% [6] - ANRO shares have risen by 232.25% over the past quarter and 133.95% over the last year, compared to the S&P 500's gains of 6.56% and 15.83%, respectively [7] Trading Volume - ANRO's average 20-day trading volume is 4,367,903 shares, which is a useful indicator of market interest and price movement [8] Earnings Outlook - Recent earnings estimate revisions for ANRO show positive momentum, with two estimates moving higher for the current fiscal year, raising the consensus estimate from -$2.55 to -$2.47 [10] - For the next fiscal year, two estimates have also increased, with no downward revisions noted [10] Conclusion - Considering the positive price trends, trading volume, and earnings outlook, ANRO is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a noteworthy candidate for near-term investment [12]
Can Alto Neuroscience, Inc. (ANRO) Climb 27.45% to Reach the Level Wall Street Analysts Expect?
ZACKS· 2025-10-23 14:56
Group 1 - Alto Neuroscience, Inc. (ANRO) shares have increased by 162.9% over the past four weeks, closing at $10.2, with a mean price target of $13 indicating a potential upside of 27.5% [1] - The mean estimate consists of seven short-term price targets with a standard deviation of $2.45, where the lowest estimate is $10.00 (2% decline) and the highest is $16.00 (56.9% increase) [2] - Analysts show a consensus that ANRO will report better earnings than previously estimated, which supports the potential for stock price increases [4][11] Group 2 - The Zacks Consensus Estimate for ANRO has increased by 0.5% due to two upward revisions in earnings estimates over the last 30 days, with no negative revisions [12] - ANRO holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for near-term upside [13] - While consensus price targets may not be reliable for predicting exact gains, they can provide a directional guide for price movement [14]
Alto Neuroscience Announces $50 Million Private Placement Financing
Businesswire· 2025-10-20 11:03
Core Insights - Alto Neuroscience, Inc. has announced a private placement financing agreement to raise approximately $50 million in gross proceeds [1] Company Summary - Alto Neuroscience is a clinical-stage biopharmaceutical company focused on developing novel precision medicines for neuropsychiatric disorders [1] - The financing involves institutional and accredited investors [1]
Alto Neuroscience Announces Plans to Accelerate Development of ALTO-207 in Treatment Resistant Depression Following Successful Outcome from Recent FDA Meeting
Businesswire· 2025-10-20 11:01
Core Insights - Alto Neuroscience, Inc. is accelerating the development of ALTO-207 for treatment-resistant depression (TRD) following a successful FDA meeting [1] - The company announced a $50 million private placement to support the expanded development of ALTO-207 [1] Company Overview - Alto Neuroscience is a clinical-stage biopharmaceutical company focused on developing novel precision medicines for neuropsychiatric disorders [1] Financial Aspects - The recent $50 million private placement will facilitate the advancement of ALTO-207 [1]
ALTO ALERT: Bragar Eagel & Squire, P.C. is Investigating Alto Neuroscience, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-10-07 22:05
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Alto Neuroscience, Inc. (NYSE:ANRO) on behalf of long-term stockholders due to a class action complaint alleging breaches of fiduciary duties by the board of directors [1][6]. Company Overview - Alto Neuroscience, Inc. is facing scrutiny following a class action complaint filed on July 21, 2025, concerning the period from February 2, 2024, to October 22, 2024 [1]. - The complaint alleges that the Offering Documents related to Alto's IPO were negligently prepared and that the effectiveness of ALTO-100 in treating Major Depressive Disorder (MDD) was overstated [6]. Financial Impact - On October 22, 2024, Alto announced that ALTO-100 did not meet its primary endpoint in a Phase 2b trial for MDD, leading to a significant stock price drop of $10.17 per share, or 69.99%, closing at $4.36 per share on October 23, 2024 [6].
Johnson Fistel, PLLP Investigates Claims on Behalf of Alto Neuroscience, Inc. Long-Term Shareholders
Globenewswire· 2025-10-03 14:51
Core Viewpoint - Johnson Fistel, PLLP is investigating potential claims against Alto Neuroscience, Inc. officers and directors for possible breaches of fiduciary duties [1] Group 1: Allegations of Misconduct - A federal securities fraud class action complaint has been filed against Alto Neuroscience, Inc., alleging that the company made materially false and misleading statements regarding its business and operations [2] - The complaint specifically claims that ALTO-100 was less effective in treating Major Depressive Disorder (MDD) than represented, and that the clinical, regulatory, and commercial prospects of ALTO-100 were overstated [2] - As a result of these misrepresentations, the company's business and financial prospects were also overstated, leading to materially false public statements [2] Group 2: Actions for Shareholders - Shareholders may pursue changes to the company's corporate governance practices, seek recovery of funds, and request a court-approved incentive award at no cost [3] - Interested parties can join the action through a provided link or by contacting Johnson Fistel, PLLP directly [3] Group 3: About the Law Firm - Johnson Fistel, PLLP is a nationally recognized law firm that represents individual and institutional investors in shareholder derivative and securities class action lawsuits [4]
Alto Neuroscience Receives FDA Fast Track Designation for ALTO-101 for the Treatment of Cognitive Impairment Associated with Schizophrenia
Businesswire· 2025-10-03 11:34
Core Viewpoint - Alto Neuroscience, Inc. has received Fast Track designation from the U.S. FDA for its drug ALTO-101, aimed at treating cognitive impairment associated with schizophrenia, a condition currently lacking approved treatments [1] Company Summary - Alto Neuroscience is a clinical-stage biopharmaceutical company focused on developing precision medicines for neuropsychiatric disorders [1] Industry Summary - Cognitive impairment associated with schizophrenia (CIAS) is identified as a core feature of schizophrenia, highlighting a significant unmet medical need in the treatment landscape [1]
Alto Neuroscience, Inc. Class Action Notice: ANRO Investors with Large Losses Should Contact Robbins LLP for Information About Leading the Securities Lawsuit
Prnewswire· 2025-09-19 22:30
Group 1 - A class action has been filed on behalf of investors who purchased or acquired Alto Neuroscience, Inc. common stock related to its initial public offering (IPO) [1] - The IPO was conducted on or about February 2, 2024, and the class action covers securities acquired between February 2, 2024, and October 22, 2024 [1]
ANRO DEADLINE TODAY: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Alto Neuroscience, Inc. Investors to Secure Counsel Before Important September 19 Deadline in Securities Class Action - ANRO
Globenewswire· 2025-09-19 13:50
Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Alto Neuroscience, Inc. about the lead plaintiff deadline for a class action lawsuit related to the company's initial public offering and subsequent securities purchases [1]. Group 1: Class Action Details - Investors who purchased Alto securities between February 2, 2024, and October 22, 2024, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by September 19, 2025 [3]. - The lawsuit claims that throughout the class period, defendants made materially false and misleading statements regarding Alto's business and prospects, particularly concerning the effectiveness of ALTO-100 in treating major depressive disorder [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been ranked No. 1 for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in handling such cases [4].