Tyra Biosciences Inc’s filing revealed that its Director Kjellson Nina S unloaded Company’s shares for reported $1.65 million on Oct 31 ’24. In the deal valued at $16.46 per share,100,140 shares were sold. As a result of this transaction, Kjellson Nina S now holds 461,457 shares worth roughly $7.56 million.
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Then, Kjellson Nina S sold 27,493 shares, generating $455,272 in total proceeds. Upon selling the shares at $16.56, the Director now owns 458,506 shares.
Before that, Kjellson Nina S sold 11,078 shares. Tyra Biosciences Inc shares valued at $179,120 were divested by the Director at a price of $16.17 per share. As a result of the transaction, Kjellson Nina S now holds 472,207 shares, worth roughly $7.74 million.
BofA Securities upgraded its Tyra Biosciences Inc [TYRA] rating to a Buy from a a Neutral in a research note published on October 18, 2024; the price target was increased to $31 from $22. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in mid August with a ‘”an Overweight”‘ rating. BofA Securities also remained covering TYRA and has decreased its forecast on December 15, 2023 with a “Neutral” recommendation from previously “Buy” rating. Wedbush started covering the stock on June 30, 2023. It rated TYRA as “an Outperform”.
Price Performance Review of TYRA
On Friday, Tyra Biosciences Inc [NASDAQ:TYRA] saw its stock fall -1.74% to $16.39. Over the last five days, the stock has lost -25.26%. Tyra Biosciences Inc shares have risen nearly 18.34% since the year began. Nevertheless, the stocks have risen 38.08% over the past one year. While a 52-week high of $29.60 was reached on 10/24/24, a 52-week low of $10.60 was recorded on 01/05/24. SMA at 50 days reached $22.38, while 200 days put it at $19.10.
Levels Of Support And Resistance For TYRA Stock
The 24-hour chart illustrates a support level at 15.78, which if violated will result in even more drops to 15.17. On the upside, there is a resistance level at 17.13. A further resistance level may holdings at 17.87. The Relative Strength Index (RSI) on the 14-day chart is 31.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.25%. Stochastics %K at 7.45% indicates the stock is a buying.
How much short interest is there in Tyra Biosciences Inc?
A steep rise in short interest was recorded in Tyra Biosciences Inc stocks on 2024-10-15, dropping by -0.2 million shares to a total of 2.2 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 2.4 million shares. There was a decline of -8.95%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 03, 2023 when Oppenheimer began covering the stock and recommended ‘”an Outperform”‘ rating along with a $17 price target.
