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. Tenaya Therapeutics Inc shares valued at $1,336 were sold by Higa Tomohiro on Mar 10 ’25. At $0.54 per share, Higa Tomohiro sold 2,482 shares. The insider’s holdings dropped to 99,690 shares worth approximately $59814.0 following the completion of this transaction.
Also, Tingley Whittemore sold 7,398 shares, netting a total of over 3,983 in proceeds. Following the sale of shares at $0.54 each, the insider now holds 174,793 shares.
Before that, Ali Faraz had sold 9,741 shares from its account. In a trade valued at $5,245, the Chief Executive Officer traded Tenaya Therapeutics Inc shares for $0.54 each. Upon closing the transaction, the insider’s holdings decreased to 9,741 shares, worth approximately $0.19 million.
As published in their initiating research note from William Blair on June 10, 2024, Tenaya Therapeutics Inc [TNYA] has been an Outperform. Analysts at Leerink Partners started covering the stock with ‘”an Outperform”‘ outlook in a report released in late November. As of June 15, 2022, H.C. Wainwright has initiated its “Buy” rating for TNYA.
Analyzing TNYA Stock Performance
During the last five days, there has been a surge of approximately 31.93%. Over the course of the year, Tenaya Therapeutics Inc shares have dropped approximately -58.02%. Shares of the company reached a 52-week high of $1.6300 on 01/07/25 and a 52-week low of $0.3941 on 03/04/25. A 50-day SMA is recorded $1.0981, while a 200-day SMA reached $2.3233.
Support And Resistance Levels for Tenaya Therapeutics Inc (TNYA)
According to the 24-hour chart, there is a support level at 0.5422, which, if violated, would cause prices to drop to 0.4841. In the upper region, resistance lies at 0.6742. The next price resistance is at 0.7481. RSI (Relative Strength Index) is 33.64 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.2123, which suggests the price will decrease in the coming days. Percent R is at 73.93%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
