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Bank of AmericaInvestment

Inhibrx Biosciences stock gains institutional support as Bank of America invests

What happened

Bank of America invested $79.70 million to establish a new position in Inhibrx Biosciences.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Inhibrx Biosciences stock (ISIN US45720L1070) is trading at USD 109.35 on Nasdaq as of September 19, 2026, after attracting fresh institutional interest from Bank of America Corp DE with a disclosed USD 79.70 million investment in the company in September 2026, according to MarketBeat. According to MarketBeat on September 20, 2026, Bank of America Corp DE reported a new position in Inhibrx Biosciences valued at USD 79.70 million, underlining growing institutional confidence in the biotech group. A separate filing reported by MarketBeat on September 20, 2026, shows that Tidal Investments LLC bought 10,170 shares of Inhibrx Biosciences, adding another institutional buyer to the shareholder base. Based on data cited by MarketBeat in September 2026, Inhibrx Biosciences carries an average analyst rating of Moderate Buy and an average price target of USD 197.50, suggesting roughly 80.7 percent upside versus the USD 109.35 Nasdaq price as of September 19, 2026. The same consensus data highlighted by MarketBeat indicate that several covering analysts expect the company to advance its pipeline of biologic therapies, though the stock still reflects the risks typical of clinical-stage biotechnology, including trial outcomes and regulatory decisions. On Nasdaq, Inhibrx Biosciences stock opened at USD 109.35 on September 19, 2026, per price data referenced in the MarketBeat filing...

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Extracted by Autobound

From the Signal API record
Event
Investment

What this signalsAn investment often shows where the company plans to grow.

Amount named
$79.7M
Takes effect
Sep 20, 2026
Financing type
Equity

Companies

  • Inhibrx BiosciencesRelated companyinhibrx.com

More investment signals at other companies

The full record

From the Signal API record

Numbers

Amount named in the story
$79.7M

Extraction

Confidence
90%
Detected
Sep 20, 2026
signal_type
news
signal_subtype
invests_into

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/b31812cd-3dca-2652-2e50-a4f5758506e5 returns this record as JSON. POST /v1/companies/enrich returns every signal for bankofamerica.com.

{
  "signal_id": "b31812cd-3dca-2652-2e50-a4f5758506e5",
  "signal_type": "news",
  "signal_subtype": "invests_into",
  "detected_at": "2026-09-20T15:07:27+00:00",
  "company": {
    "name": "Bank of America",
    "domain": "bankofamerica.com"
  },
  "data": {
    "url": "https://www.ad-hoc-news.de/boerse/news/nebenwerte/inhibrx-biosciences-stock-gains-institutional-support-as-bank-of-america/70138375",
    "title": "Inhibrx Biosciences stock gains institutional support as Bank of America invests - AD HOC NEWS",
    "excerpt": "Inhibrx Biosciences stock (ISIN US45720L1070) is trading at USD 109.35 on Nasdaq as of September 19, 2026, after attracting fresh institutional interest from Bank of America Corp DE with a disclosed USD 79.70 million investment in the company in September 2026, according to MarketBeat . According to MarketBeat on September 20, 2026, Bank of America Corp DE reported a new position in Inhibrx Biosciences valued at USD 79.70 million, underlining growing institutional confidence in the biotech group. A separate filing reported by MarketBeat on September 20, 2026, shows that Tidal Investments LLC bought 10,170 shares of Inhibrx Biosciences, adding another institutional buyer to the shareholder base. Based on data cited by MarketBeat in September 2026, Inhibrx Biosciences carries an average analyst rating of Moderate Buy and an average price target of USD 197.50, suggesting roughly 80.7 percent upside versus the USD 109.35 Nasdaq price as of September 19, 2026. The same consensus data highlighted by MarketBeat indicate that several covering analysts expect the company to advance its pipeline of biologic therapies, though the stock still reflects the risks typical of clinical-stage biotechnology, including trial outcomes and regulatory decisions. On Nasdaq, Inhibrx Biosciences stock opened at USD 109.35 on September 19, 2026, per price data referenced in the MarketBeat filing...",
    "summary": "Bank of America invested $79.70 million to establish a new position in Inhibrx Biosciences.",
    "planning": false,
    "image_url": "https://mdb.ad-hoc-news.de/bild/bild-2405009_1920_1080.webp",
    "confidence": 0.9,
    "published_at": "2026-09-20T15:07:27Z",
    "effective_date": "2026-09-20",
    "article_sentence": "According to MarketBeat on September 20, 2026, Bank of America Corp DE reported a new position in Inhibrx Biosciences valued at USD 79.70 million, underlining growing institutional confidence in the biotech group.",
    "amount_normalized": 79700000,
    "financing_type_tags": [
      "equity"
    ],
    "related_company_name": "Inhibrx Biosciences",
    "related_company_domain": "inhibrx.com"
  }
}

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