The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Sana Biotechnology Inc shares valued at $289,500 were purchased by CHRISTIAN HORDO & KATHARINE HO on Jan 16 ’25. At $3.86 per share, CHRISTIAN HORDO & KATHARINE HO acquired 75,000 shares.
Also, FMR LLC sold 290,912 shares, netting a total of over 1,887,320 in proceeds. Following the sale of shares at $6.49 each, the insider now holds 4,541,511 shares.
Before that, CHRISTIAN HORDO & KATHARINE HO had added 75,000 shares to its account. In a trade valued at $141,750, the Officer bought Sana Biotechnology Inc shares for $1.89 each.
As published in a research note from TD Cowen on January 08, 2025, Sana Biotechnology Inc [SANA] has been rated up from a Hold to a Buy. Analysts at JMP Securities downgraded the stock from ‘”a Mkt outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in early November. As of June 26, 2024, Rodman & Renshaw has initiated its “Buy” rating for SANA. Earlier on January 16, 2024, H.C. Wainwright upgraded its rating. Their new recommendation was “a Buy” for SANA stock which previously was a “a Neutral”.
Analyzing SANA Stock Performance
During the last five days, there has been a drop of approximately -3.58%. Over the course of the year, Sana Biotechnology Inc shares have jumped approximately 114.72%. Shares of the company reached a 52-week high of $7.30 on 01/08/25 and a 52-week low of $1.61 on 01/02/25. A 50-day SMA is recorded $2.46, while a 200-day SMA reached $5.15. Nevertheless, trading volume fell to 14.27 million shares from 6.82 million shares the previous day.
Support And Resistance Levels for Sana Biotechnology Inc (SANA)
According to the 24-hour chart, there is a support level at 3.01, which, if violated, would cause prices to drop to 2.53. In the upper region, resistance lies at 3.82. The next price resistance is at 4.14. RSI (Relative Strength Index) is 59.71 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.33, which suggests the price will decrease in the coming days. Percent R is at 65.97%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
