Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Twist Bioscience Corp shares valued at $156,217 were sold by CHESS ROBERT on Feb 07 ’25. At $53.13 per share, CHESS ROBERT sold 2,940 shares. The insider’s holdings dropped to 18,173 shares worth approximately $0.85 million following the completion of this transaction.
Also, Chess Robert Bruce purchased 2,940 shares, netting a total of over 156,215 in proceeds.
Before that, WERNER ROBERT F. had sold 185 shares from its account. In a trade valued at $9,130, the Chief Accounting Officer traded Twist Bioscience Corp shares for $49.35 each. Upon closing the transaction, the insider’s holdings decreased to 185 shares, worth approximately $2.48 million.
As published in their initiating research note from Wolfe Research on December 13, 2024, Twist Bioscience Corp [TWST] has been an Outperform and the price target has been revised to $60. Analysts at Guggenheim started covering the stock with ‘”a Buy”‘ outlook in a report released in early June. As of January 17, 2024, Goldman has increased its “Neutral” rating to a “Buy” for TWST. Earlier on September 27, 2023, Berenberg initiated its rating. Their recommendation was “a Buy” for TWST stock.
Analyzing TWST Stock Performance
During the last five days, there has been a drop of approximately -12.72%. Over the course of the year, Twist Bioscience Corp shares have jumped approximately 0.86%. Shares of the company reached a 52-week high of $55.33 on 01/24/25 and a 52-week low of $41.06 on 01/13/25. A 50-day SMA is recorded $48.89, while a 200-day SMA reached $46.51. Nevertheless, trading volume fell to 0.82 million shares from 1.18 million shares the previous day.
Support And Resistance Levels for Twist Bioscience Corp (TWST)
According to the 24-hour chart, there is a support level at 45.39, which, if violated, would cause prices to drop to 43.92. In the upper region, resistance lies at 47.76. The next price resistance is at 48.66. RSI (Relative Strength Index) is 43.48 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.47, which suggests the price will decrease in the coming days. Percent R is at 72.77%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
