Jun. 8 at 4:40 PM
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On May 16, 2025, Redmile Group, LLC executed a notable transaction involving Atara Biotherapeutics Inc. The firm added 263,506 shares of Atara Biotherapeutics Inc at a trade price of
$6.84 per share. This strategic move highlights Redmile Group's continued interest in the biotechnology sector, particularly in companies with potential for transformative therapies. The transaction reflects a calculated decision to increase their stake in Atara Biotherapeutics, a company focused on developing treatments for serious diseases.
The recent transaction increased Redmile Group's total holdings in Atara Biotherapeutics to 705,207 shares. This addition represents a 0.46% position in the firm's portfolio and a 9.90% stake in Atara Biotherapeutics. The transaction underscores Redmile Group's confidence in Atara Biotherapeutics' potential...By increasing its stake, Redmile Group aims to capitalize on the potential upside of Atara Biotherapeutics' innovative therapies