Intellia Therapeutics Director Buys 100,000 Shares at $10.03/Share.
ByAinvest
Friday, Aug 22, 2025 4:37 pm ET1min read
NTLA--
Intellia Therapeutics, Inc. (NTLA) has announced that Chase William J, a member of its Board of Directors, has acquired 100,000 shares of the company's common stock. The transaction took place on August 20, 2025, at a price per share of $10.03. This acquisition is part of the company's ongoing efforts to bolster its financial position and enhance shareholder value [1].
The purchase follows a series of strategic investments in Intellia Therapeutics by Cathie Wood's ARK Investment Management. ARK has acquired 150,600 shares of Intellia Therapeutics, aligning with Wood's "buy the dip" strategy and reflecting her focus on innovative biotech companies with strong growth potential [2]. This move comes as analysts upgrade Intellia Therapeutics to a 'Buy' recommendation, citing positive market sentiment and the company's pioneering therapies [2].
Intellia Therapeutics' stock experienced a modest climb of approximately 1% in after-hours trading following the news, reaching $10.83. The company's innovative gene-editing therapies and strategic acquisition by ARK Investment Management position it as a key player in the biotech and gene-editing sectors [2].
The biotech sector is entering a pivotal phase fueled by scientific breakthroughs, accelerated regulatory approvals, and strategic dealmaking. The Nasdaq Biotechnology Index has posted strong gains, signaling renewed investor confidence. The FDA is clearing a record number of novel therapies, while global mergers and acquisitions have climbed past $105 billion, a seven percent increase from last year. Together, these forces are reshaping the industry, aligning innovation with market demand and creating compelling opportunities for investors [2].
References:
[1] https://www.ainvest.com/news/cathie-wood-ark-investment-purchases-150-6k-shares-intellia-therapeutics-2508/
[2] https://www.nasdaq.com/articles/crispr-therapeutics-gains-414-3-months-how-play-stock
Intellia Therapeutics, Inc. (NTLA) has recently disclosed that a member of its Board of Directors, Chase William J, has acquired 100,000 shares of the company's common stock at a price per share of $10.03 on August 20, 2025. This acquisition is in line with the company's ongoing efforts to strengthen its financial position and enhance shareholder value.
Title: Intellia Therapeutics, Inc. (NTLA) Board Member Acquires 100,000 SharesIntellia Therapeutics, Inc. (NTLA) has announced that Chase William J, a member of its Board of Directors, has acquired 100,000 shares of the company's common stock. The transaction took place on August 20, 2025, at a price per share of $10.03. This acquisition is part of the company's ongoing efforts to bolster its financial position and enhance shareholder value [1].
The purchase follows a series of strategic investments in Intellia Therapeutics by Cathie Wood's ARK Investment Management. ARK has acquired 150,600 shares of Intellia Therapeutics, aligning with Wood's "buy the dip" strategy and reflecting her focus on innovative biotech companies with strong growth potential [2]. This move comes as analysts upgrade Intellia Therapeutics to a 'Buy' recommendation, citing positive market sentiment and the company's pioneering therapies [2].
Intellia Therapeutics' stock experienced a modest climb of approximately 1% in after-hours trading following the news, reaching $10.83. The company's innovative gene-editing therapies and strategic acquisition by ARK Investment Management position it as a key player in the biotech and gene-editing sectors [2].
The biotech sector is entering a pivotal phase fueled by scientific breakthroughs, accelerated regulatory approvals, and strategic dealmaking. The Nasdaq Biotechnology Index has posted strong gains, signaling renewed investor confidence. The FDA is clearing a record number of novel therapies, while global mergers and acquisitions have climbed past $105 billion, a seven percent increase from last year. Together, these forces are reshaping the industry, aligning innovation with market demand and creating compelling opportunities for investors [2].
References:
[1] https://www.ainvest.com/news/cathie-wood-ark-investment-purchases-150-6k-shares-intellia-therapeutics-2508/
[2] https://www.nasdaq.com/articles/crispr-therapeutics-gains-414-3-months-how-play-stock
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet