Twist Bioscience Corp’s recently made public that its Chief Financial Officer Laponis Adam unloaded Company’s shares for reported $18434.0 on Apr 09 ’24. In the deal valued at $33.16 per share,556 shares were sold. As a result of this transaction, Laponis Adam now holds 74,444 shares worth roughly $2.28 million.
Then, Leproust Emily M. sold 1,132 shares, generating $37,057 in total proceeds. Upon selling the shares at $32.74, the Chief Executive Officer now owns 514,149 shares.
Before that, Finn Patrick John sold 492 shares. Twist Bioscience Corp shares valued at $16,106 were divested by the President and COO at a price of $32.74 per share. As a result of the transaction, Finn Patrick John now holds 178,380 shares, worth roughly $5.47 million.
Goldman upgraded its Twist Bioscience Corp [TWST] rating to a Buy from a a Neutral in a research note published on January 17, 2024; the price target was increased to $45 from $25. A number of analysts have revised their coverage, including Berenberg’s analysts, who began to cover the stock in late September with a ‘”a Buy”‘ rating. Scotiabank began covering TWST with “Sector outperform” recommendation on January 05, 2023. Evercore ISI revised its rating on January 03, 2023. It rated TWST as “an Outperform” which previously was an “an In-line”.
Price Performance Review of TWST
On Friday, Twist Bioscience Corp [NASDAQ:TWST] saw its stock fall -6.12% to $30.68. Over the last five days, the stock has lost -5.92%. Twist Bioscience Corp shares have fallen nearly -16.77% since the year began. Nevertheless, the stocks have risen 141.19% over the past one year. While a 52-week high of $43.21 was reached on 02/15/24, a 52-week low of $11.46 was recorded on 04/12/24. SMA at 50 days reached $36.18, while 200 days put it at $27.15. A total of 1.09 million shares were traded, compared to the trading of 0.61 million shares in the previous session.
Levels Of Support And Resistance For TWST Stock
The 24-hour chart illustrates a support level at 29.86, which if violated will result in even more drops to 29.05. On the upside, there is a resistance level at 31.93. A further resistance level may holdings at 33.18. The Relative Strength Index (RSI) on the 14-day chart is 36.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.35%. Stochastics %K at 19.60% indicates the stock is a buying.
