Royce & Associates LP Invests $1.37 Million in Celcuity, Inc. (NASDAQ:CELC) Stock

Royce & Associates LP acquired a new stake in Celcuity, Inc. (NASDAQ:CELC) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 112,000 shares of the company’s stock, valued at approximately $1,371,000. Royce & Associates LP owned approximately 1.15% of Celcuity as of its most recent filing with the Securities & Exchange Commission.

Separately, Essex Investment Management Co. LLC acquired a new position in Celcuity during the 3rd quarter worth approximately $184,000. Institutional investors and hedge funds own 13.26% of the company’s stock.

In other Celcuity news, Director Richard Nigon purchased 7,500 shares of Celcuity stock in a transaction that occurred on Tuesday, November 28th. The stock was purchased at an average price of $17.48 per share, for a total transaction of $131,100.00. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.

Separately, Craig Hallum began coverage on shares of Celcuity in a report on Monday, October 16th. They issued a “buy” rating for the company.

Shares of Celcuity, Inc. (NASDAQ:CELC) traded up $0.14 during trading on Friday, hitting $19.64. 28,673 shares of the stock traded hands, compared to its average volume of 33,354. Celcuity, Inc. has a fifty-two week low of $11.10 and a fifty-two week high of $22.73.

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About Celcuity

Celcuity, Inc is a cellular analysis company. The Company is focused on discovering new cancer sub-types and commercializing diagnostic tests designed to significantly improve the clinical outcomes of cancer patients treated with targeted therapies. The Company’s proprietary CELx diagnostic platform uses a patient’s living tumor cells to identify the specific abnormal cellular process driving a patient’s cancer and the targeted therapy that best treats it.

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