tiprankstipranks
Trending News
More News >

Alterity Therapeutics Announces Change in Substantial Holding

Story Highlights
Alterity Therapeutics Announces Change in Substantial Holding

Don’t Miss TipRanks’ Half-Year Sale

An update from Alterity Therapeutics ( (ATHE) ) is now available.

On July 7, 2025, Alterity Therapeutics Limited announced a change in substantial holding, with The Bank of New York Mellon Corporation (BNYMC) increasing its voting power in the company from 27.03% to 28.04%. This change in shareholding indicates a growing interest and potential influence of BNYMC in Alterity Therapeutics, which could impact the company’s strategic decisions and stakeholder dynamics.

The most recent analyst rating on (ATHE) stock is a Buy with a $8.00 price target. To see the full list of analyst forecasts on Alterity Therapeutics stock, see the ATHE Stock Forecast page.

Spark’s Take on ATHE Stock

According to Spark, TipRanks’ AI Analyst, ATHE is a Neutral.

Alterity Therapeutics faces considerable financial challenges, underscored by declining revenues, ongoing losses, and negative cash flows. Technical analysis provides some support, but the valuation remains unattractive due to negative profitability metrics. Overall, the stock score reflects these significant financial and valuation concerns.

To see Spark’s full report on ATHE stock, click here.

More about Alterity Therapeutics

Alterity Therapeutics Limited is a development stage enterprise in the biotechnology industry, focusing on the development of therapies for neurodegenerative diseases.

Average Trading Volume: 44,024

Technical Sentiment Signal: Buy

Current Market Cap: $59.6M

For detailed information about ATHE stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1