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OneDigital Investment Advisors buys shares in Viking Therapeutics, a biopharmaceutical firm with a $5.86B market cap.
OneDigital Investment Advisors LLC has acquired 3,260 shares in Viking Therapeutics, Inc., valued at around $206,000, joining other institutional investors in modifying their stakes in the company.
Viking Therapeutics, a biopharmaceutical firm specializing in therapies for metabolic and endocrine disorders, has a market cap of $5.86 billion and is currently in Phase IIb trials for its lead drug, VK2809, targeting liver diseases.
Despite insider sales, institutional investors own 76.03% of the company's stock, and analysts have a positive outlook, setting a consensus price target of $109.73.
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