KD Logo

Recent Insider Activity Suggests Potential Gains for Twist Bioscience Corp (TWST)

Twist Bioscience Corp’s filing revealed that its Director CHESS ROBERT unloaded Company’s shares for reported $0.17 million on Nov 11 ’24. In the deal valued at $47.26 per share,3,600 shares were sold. As a result of this transaction, CHESS ROBERT now holds 21,641 shares worth roughly $0.91 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, Cho Dennis sold 1,507 shares, generating $72,333 in total proceeds. Upon selling the shares at $48.00, the insider now owns 91,163 shares.

Before that, Finn Patrick John sold 10,340 shares. Twist Bioscience Corp shares valued at $496,299 were divested by the President and COO at a price of $48.00 per share. As a result of the transaction, Finn Patrick John now holds 221,061 shares, worth roughly $9.34 million.

Guggenheim initiated its Twist Bioscience Corp [TWST] rating to a Buy in a research note published on June 04, 2024; the price target was $53. A number of analysts have revised their coverage, including Goldman’s analysts, who increased its forecast for the stock in mid January from “a Neutral” to “a Buy”. Berenberg began covering TWST with “Buy” recommendation on September 27, 2023. Scotiabank started covering the stock on January 05, 2023. It rated TWST as “a Sector outperform”.

Price Performance Review of TWST

On Friday, Twist Bioscience Corp [NASDAQ:TWST] saw its stock jump 1.37% to $42.23. Over the last five days, the stock has gained 14.48%. Twist Bioscience Corp shares have risen nearly 14.57% since the year began. Nevertheless, the stocks have risen 77.36% over the past one year. While a 52-week high of $60.90 was reached on 07/26/24, a 52-week low of $23.07 was recorded on 04/19/24. SMA at 50 days reached $43.78, while 200 days put it at $42.79.

Levels Of Support And Resistance For TWST Stock

The 24-hour chart illustrates a support level at 41.08, which if violated will result in even more drops to 39.93. On the upside, there is a resistance level at 43.17. A further resistance level may holdings at 44.11. The Relative Strength Index (RSI) on the 14-day chart is 48.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.68%. Stochastics %K at 40.65% indicates the stock is a holding.

How much short interest is there in Twist Bioscience Corp?

A steep rise in short interest was recorded in Twist Bioscience Corp stocks on 2024-10-31, growing by 0.32 million shares to a total of 9.02 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 8.7 million shares. There was a rise of 3.53%, which implies that there is a positive sentiment for the stock.

Most Popular