Mar. 14 at 8:57 AM
EcoR1 Capital, a 10% owner of
$ZYME, has been accumulating shares aggressively. In recent months, EcoR1 purchased approximately 2.6M shares worth
$33.8M, most recently acquiring 1.1M shares at
$12.13 on March 11, 2025.
This buying coincides with Zymeworks' strategic roadmap for 2025-2026: IND applications for ZW220 (bispecific antibody for solid tumors) and ZW251 (ADC targeting B7-H4) expected in 2025. Phase 3 HERIZON-GEA-01 results for zanidatamab (Ziihera®) in gastric cancer are due in Q2-2025. The company reported
$324M in cash as of Q4-2024, providing runway into H2-2027. JPMorgan recently upgraded ZYME to "overweight" with an
$18 target.
While this insider accumulation alongside upcoming catalysts suggests positive internal sentiment, investors should weigh this against the stock's recent volatility and mixed analyst forecasts.
Worth watching for insider activity:
$VRTX,
$BHVN,
$HCM.
Insider details at https://prismo.pro/stock/zyme?utm_source=stockwits&utm_medium=social&utm_campaign=insider-news&utm_content=ZYME_2025-03-14
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