Acorn Capital Advisors Sells $5.2 Million Worth of Terns Pharmaceuticals Stock Amid 1,400% Gain
ByAinvest
Monday, Mar 23, 2026 12:10 pm ET1min read
TERN--
Acorn Capital Advisors sold 225,000 shares of Terns Pharmaceuticals for approximately $5.2 million, reducing its position to about 24% of its 13F AUM. Terns Pharmaceuticals' stock has soared 1,400% over the past year, significantly outperforming the S&P 500. The fund's recent sale may signal a repositioning among investors, despite still holding a significant stake in the company.
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