Roth MKM Maintains ProSomnus (OSA) Buy Recommendation

Fintel reports that on September 26, 2023, Roth MKM maintained coverage of ProSomnus (NASDAQ:OSA) with a Buy recommendation.

Analyst Price Forecast Suggests 732.65% Upside

As of August 31, 2023, the average one-year price target for ProSomnus is 8.16. The forecasts range from a low of 6.06 to a high of $10.50. The average price target represents an increase of 732.65% from its latest reported closing price of 0.98.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for ProSomnus is 27MM, an increase of 12.81%. The projected annual non-GAAP EPS is -1.40.

What is the Fund Sentiment?

There are 27 funds or institutions reporting positions in ProSomnus. This is an increase of 8 owner(s) or 42.11% in the last quarter. Average portfolio weight of all funds dedicated to OSA is 0.04%, a decrease of 54.97%. Total shares owned by institutions increased in the last three months by 0.36% to 1,337K shares.

What are Other Shareholders Doing?

OSA / ProSomnus Inc Shares Held by Institutions

Polar Asset Management Partners holds 431K shares representing 2.69% ownership of the company. In it's prior filing, the firm reported owning 452K shares, representing a decrease of 4.93%. The firm decreased its portfolio allocation in OSA by 33.02% over the last quarter.

AIGH Capital Management holds 386K shares representing 2.41% ownership of the company. In it's prior filing, the firm reported owning 391K shares, representing a decrease of 1.09%. The firm decreased its portfolio allocation in OSA by 35.07% over the last quarter.

Worth Venture Partners holds 96K shares representing 0.60% ownership of the company. In it's prior filing, the firm reported owning 55K shares, representing an increase of 42.92%. The firm increased its portfolio allocation in OSA by 9.85% over the last quarter.

Littlejohn & Co holds 83K shares representing 0.52% ownership of the company. No change in the last quarter.

Lpwm holds 67K shares representing 0.42% ownership of the company. In it's prior filing, the firm reported owning 16K shares, representing an increase of 76.21%. The firm increased its portfolio allocation in OSA by 128.08% over the last quarter.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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