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Tenaya Therapeutics Inc [TNYA] Stock sold by Insider Hoey Timothy for $23101.0

In a filing, Tenaya Therapeutics Inc revealed 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 $0.75 million.

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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 $0.22 million.

William Blair initiated its Tenaya Therapeutics Inc [TNYA] rating to an Outperform in a research note published recently. A number of analysts have revised their coverage, including Leerink Partners’s analysts, who began to cover the stock in late November with a ‘”an Outperform”‘ rating. H.C. Wainwright began covering TNYA with “Buy” recommendation on June 15, 2022.

Price Performance Review of TNYA

On Tuesday, Tenaya Therapeutics Inc [NASDAQ:TNYA] saw its stock jump 12.13% to $3.05. Over the last five days, the stock has gained 12.96%. Tenaya Therapeutics Inc shares have fallen nearly -5.86% since the year began. Nevertheless, the stocks have fallen -31.00% over the past one year. While a 52-week high of $7.01 was reached on 03/05/24, a 52-week low of $1.66 was recorded on 08/05/24. SMA at 50 days reached $3.31, while 200 days put it at $3.74.

Levels Of Support And Resistance For TNYA Stock

The 24-hour chart illustrates a support level at 2.80, which if violated will result in even more drops to 2.55. On the upside, there is a resistance level at 3.21. A further resistance level may holdings at 3.37. The Relative Strength Index (RSI) on the 14-day chart is 47.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.03%. Stochastics%K at 24.27% indicates the stock is a holding.

How much short interest is there in Tenaya Therapeutics Inc?

A steep rise in short interest was recorded in Tenaya Therapeutics Inc stocks on , growing by 0.54 million shares to a total of 4.43 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 3.89 million shares. There was a rise of 12.21%, which implies that there is a positive sentiment for the stock.

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