Sana Biotechnology Inc’s recent filing unveils that its See Remark 1 FMR LLC unloaded Company’s shares for reported $1.89 million on Jan 08 ’25. In the deal valued at $6.49 per share,290,912 shares were sold. As a result of this transaction, FMR LLC now holds 4,541,511 shares worth roughly $16.49 million.
Then, CHRISTIAN HORDO & KATHARINE HO bought 75,000 shares, generating $141,750 in total proceeds.
Before that, Hardy Nathan bought 91,607 shares. Sana Biotechnology Inc shares valued at $229,018 were divested by the Former CFO at a price of $2.50 per share.
TD Cowen upgraded its Sana Biotechnology Inc [SANA] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including JMP Securities’s analysts, who decreased its forecast for the stock in early November from “a Mkt outperform” to “a Mkt perform”. Rodman & Renshaw began covering SANA with “Buy” recommendation on June 26, 2024. H.C. Wainwright revised its rating on January 16, 2024. It rated SANA as “a Buy” which previously was an “a Neutral”.
Price Performance Review of SANA
On Tuesday, Sana Biotechnology Inc [NASDAQ:SANA] saw its stock jump 4.91% to $3.63. Over the last five days, the stock has gained 107.43%. Sana Biotechnology Inc shares have risen nearly 122.70% since the year began. Nevertheless, the stocks have fallen -45.25% over the past one year. While a 52-week high of $12.00 was reached on 01/08/25, a 52-week low of $1.52 was recorded on 01/02/25. SMA at 50 days reached $2.48, while 200 days put it at $5.30.
Levels Of Support And Resistance For SANA Stock
The 24-hour chart illustrates a support level at 3.29, which if violated will result in even more drops to 2.94. On the upside, there is a resistance level at 3.89. A further resistance level may holdings at 4.15. The Relative Strength Index (RSI) on the 14-day chart is 65.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.32, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 63.49%. Stochastics %K at 35.70% indicates the stock is a holding.
How much short interest is there in Sana Biotechnology Inc?
A steep rise in short interest was recorded in Sana Biotechnology Inc stocks on 2024-12-31, growing by 1.95 million shares to a total of 37.1 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 35.15 million shares. There was a rise of 5.25%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 25, 2023 when JMP Securities began covering the stock and recommended ‘”a Mkt outperform”‘ rating along with a $9 price target.
