Peter Kolchinsky, RA Capital Up Stake in Achillion Pharmaceuticals Even Higher

Published on October 16, 2013 at 4:32 pm by Alexandr Oleinic in Hedge Funds,News

Peter Kolchinsky, Achillion Pharmaceuticals: This afternoon, Peter Kolchinsky and his hedge fund, RA Capital Management, strengthened their position in Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN), a Form 4 filing with the SEC showed. RA Capital bought a total of some 2.4 million shares of the company via eight transactions at an average price of approximately $2.80 apiece. Following the acquisition of additional shares, RA now owns almost 19.3 million shares of Achillion.

Peter Kolchinsky

Disclosure: none

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.

We may use your email to send marketing emails about our services. Click here to read our privacy policy.