Several brokerages have updated their recommendations and price targets on shares of Annovis Bio (NYSE: ANVS) in the last few weeks:
- 7/9/2026 – Annovis Bio was upgraded by Zacks Research to “hold”.
- 7/7/2026 – Annovis Bio is now covered by Roth Capital. They set a “buy” rating and a $8.00 price target on the stock.
- 7/7/2026 – Annovis Bio was upgraded by Roth Capital to “strong-buy”.
- 7/6/2026 – Annovis Bio was upgraded by Weiss Ratings from “sell (e+)” to “sell (d-)”.
Insider Buying and Selling at Annovis Bio
In related news, Director Michael B. Hoffman purchased 76,344 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were acquired at an average price of $1.87 per share, with a total value of $142,763.28. Following the acquisition, the director owned 3,364,883 shares in the company, valued at approximately $6,292,331.21. This trade represents a 2.32% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 20.80% of the company’s stock.
The company’s lead asset, ANVS401 (Posiphen®), is an oral small molecule that has been evaluated in Phase 1 and Phase 2 clinical trials to reduce levels of amyloid precursor protein and its toxic fragments in Alzheimer’s patients.
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