5 Best-Performing Stocks in the Last 12 Months

4. Reata Pharmaceuticals, Inc. (NASDAQ:RETA)

Share Price Gains Over the Past 12 Months Through August 11: 696%

Plano, Texas-based Reata Pharmaceuticals, Inc. (NASDAQ:RETA) ranks 4th in our list of the best-performing stocks over the past 12 months. Reata Pharmaceuticals, Inc. (NASDAQ:RETA) has gained about 696% over the past one year. Reata Pharmaceuticals, Inc. (NASDAQ:RETA) makes oral antioxidative and anti-inflammatory drugs.

As of the end of the first quarter of 2023, 31 hedge funds tracked by Insider Monkey reported owning stakes in Reata Pharmaceuticals, Inc. (NASDAQ:RETA). The biggest stakeholder of Reata Pharmaceuticals, Inc. (NASDAQ:RETA) during this period was Joseph Edelman’s Perceptive Advisors which had a $197 million stake in the company.