2seventy bio Inc’s recent filing unveils that its insider Snow Jessica unloaded Company’s shares for reported $33760.0 on Aug 14 ’24. In the deal valued at $4.32 per share,7,816 shares were sold. As a result of this transaction, Snow Jessica now holds 156,330 shares worth roughly $0.81 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, JESSICA SNOW bought 7,816 shares, generating $33,760 in total proceeds.
Before that, Eatwell Victoria sold 13 shares. 2seventy bio Inc shares valued at $52 were divested by the Chief Financial Officer at a price of $3.98 per share. As a result of the transaction, Eatwell Victoria now holds 341,319 shares, worth roughly $1.78 million.
Goldman downgraded its 2seventy bio Inc [TSVT] rating to a Sell from a a Neutral in a research note published on June 06, 2024; the price target was decreased to $2 from $5. A number of analysts have revised their coverage, including Leerink Partners’s analysts, who increased its forecast for the stock in late January from “a Market perform” to “an Outperform”. TD Cowen also remained covering TSVT and has decreased its forecast on January 31, 2024 with a “Market perform” recommendation from previously “an Outperform” rating. Leerink Partners revised its rating on October 30, 2023. It rated TSVT as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of TSVT
On Tuesday, 2seventy bio Inc [NASDAQ:TSVT] saw its stock jump 4.83% to $5.21. Over the last five days, the stock has gained 5.04%. 2seventy bio Inc shares have risen nearly 22.01% since the year began. Nevertheless, the stocks have risen 38.56% over the past one year. While a 52-week high of $6.40 was reached on 02/20/24, a 52-week low of $1.53 was recorded on 01/26/24. SMA at 50 days reached $4.72, while 200 days put it at $4.61.
Levels Of Support And Resistance For TSVT Stock
The 24-hour chart illustrates a support level at 4.98, which if violated will result in even more drops to 4.75. On the upside, there is a resistance level at 5.37. A further resistance level may holdings at 5.53. The Relative Strength Index (RSI) on the 14-day chart is 63.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.86%. Stochastics %K at 83.16% indicates the stock is a selling.
How much short interest is there in 2seventy bio Inc?
A steep rise in short interest was recorded in 2seventy bio Inc stocks on 2024-09-30, dropping by -0.63 million shares to a total of 5.32 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 5.95 million shares. There was a decline of -11.91%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 12, 2023 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $13 price target.
