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Recent Insider Activity Could Benefit Ginkgo Bioworks Holdings Inc (DNA)

Ginkgo Bioworks Holdings Inc’s filing revealed that its Officer Dmytruk Mark E. acquired Company’s shares for reported $9948.0 on Feb 04 ’25. In the deal valued at $13.44 per share,740 shares were bought.

Then, Che Austin bought 99 shares, generating $1,316 in total proceeds.

Before that, Che Austin bought 99 shares. Ginkgo Bioworks Holdings Inc shares valued at $1,225 were divested by the Officer at a price of $12.37 per share.

BTIG Research downgraded its Ginkgo Bioworks Holdings Inc [DNA] rating to a Sell from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including William Blair’s analysts, who decreased its forecast for the stock in early May from “a Mkt perform” to “an Underperform”. Raymond James also remained covering DNA and has decreased its forecast on November 14, 2023 with a “Mkt perform” recommendation from previously “an Outperform” rating. BTIG Research revised its rating on November 09, 2023. It rated DNA as “a Neutral” which previously was an “a Buy”.

Price Performance Review of DNA

On Tuesday, Ginkgo Bioworks Holdings Inc [NYSE:DNA] saw its stock jump 11.21% to $14.29. Over the last five days, the stock has gained 16.37%. Ginkgo Bioworks Holdings Inc shares have risen nearly 45.52% since the year began. Nevertheless, the stocks have fallen -71.87% over the past one year. While a 52-week high of $64.40 was reached on 01/31/25, a 52-week low of $5.26 was recorded on 01/14/25. SMA at 50 days reached $10.31, while 200 days put it at $13.90.

Levels Of Support And Resistance For DNA Stock

The 24-hour chart illustrates a support level at 13.38, which if violated will result in even more drops to 12.46. On the upside, there is a resistance level at 14.79. A further resistance level may holdings at 15.28. The Relative Strength Index (RSI) on the 14-day chart is 64.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.24, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.71%. Stochastics %K at 81.83% indicates the stock is a selling.

How much short interest is there in Ginkgo Bioworks Holdings Inc?

A steep rise in short interest was recorded in Ginkgo Bioworks Holdings Inc stocks on 2025-01-15, growing by 0.65 million shares to a total of 7.83 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 7.17 million shares. There was a rise of 8.34%, which implies that there is a positive sentiment for the stock.

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