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flag Nisa Investment Advisors vastly increased its Cidara stake, but the company lost money and its COO sold shares.

flag Nisa Investment Advisors LLC boosted its stake in Cidara Therapeutics by 4,898.5% in Q3, owning 6,748 shares worth $646,000, while KLP Kapitalforvaltning AS added 2,500 shares. flag The company reported a quarterly loss of $1.43 per share, below expectations. flag COO Shane Ward sold 9,959 shares on December 10, netting $2.19 million and reducing his stake by 28.46%. flag Cidara, developing the antifungal rezafungin in late-stage trials, has a market cap of $6.96 billion and a consensus "Hold" rating with a $156.11 target. flag Institutional investors hold 35.82% of shares, insiders 3.89%.

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