Tenaya Therapeutics Inc’s recent filing unveils that its Chief Scientific Officer Hoey Timothy unloaded Company’s shares for reported $23101.0 on Mar 05 ’24. In the deal valued at $7.00 per share,3,300 shares were sold. As a result of this transaction, Hoey Timothy now holds 245,346 shares worth roughly $1.13 million.
Then, Hoey Timothy sold 6,569 shares, generating $35,046 in total proceeds. Upon selling the shares at $5.34, the Chief Scientific Officer now owns 236,146 shares.
Before that, Tingley Whittemore sold 6,500 shares. Tenaya Therapeutics Inc shares valued at $38,090 were divested by the Chief Medical Officer at a price of $5.86 per share. As a result of the transaction, Tingley Whittemore now holds 73,534 shares, worth roughly $0.34 million.
Leerink Partners initiated its Tenaya Therapeutics Inc [TNYA] rating to an Outperform in a research note published on November 30, 2023; the price target was $7. A number of analysts have revised their coverage, including H.C. Wainwright’s analysts, who began to cover the stock in mid June with a ‘”a Buy”‘ rating.
Price Performance Review of TNYA
On Tuesday, Tenaya Therapeutics Inc [NASDAQ:TNYA] saw its stock jump 1.54% to $4.61. Over the last five days, the stock has gained 1.54%. Tenaya Therapeutics Inc shares have risen nearly 42.28% since the year began. Nevertheless, the stocks have fallen -32.21% over the past one year. While a 52-week high of $8.09 was reached on 03/05/24, a 52-week low of $1.66 was recorded on 01/17/24. SMA at 50 days reached $4.99, while 200 days put it at $3.69. A total of 0.4 million shares were traded, compared to the trading of 0.24 million shares in the previous session.
Levels Of Support And Resistance For TNYA Stock
The 24-hour chart illustrates a support level at 4.48, which if violated will result in even more drops to 4.35. On the upside, there is a resistance level at 4.73. A further resistance level may holdings at 4.85. The Relative Strength Index (RSI) on the 14-day chart is 50.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.35%. Stochastics %K at 64.65% indicates the stock is a holding.
