TELA Bio Inc’s filing revealed that its COO and CFO Cuca Roberto acquired Company’s shares for reported $0.14 million on Oct 24 ’24. In the deal valued at $2.25 per share,64,444 shares were bought. As a result of this transaction, Cuca Roberto now holds 155,388 shares worth roughly $0.2 million.
Then, Talmo Paul bought 22,222 shares, generating $50,000 in total proceeds. Upon buying the shares at $2.25, the Chief Technology Officer now owns 91,082 shares.
Before that, KOBLISH ANTONY bought 88,888 shares. TELA Bio Inc shares valued at $199,998 were divested by the Chief Executive Officer at a price of $2.25 per share. As a result of the transaction, KOBLISH ANTONY now holds 458,897 shares, worth roughly $0.58 million.
Piper Sandler downgraded its TELA Bio Inc [TELA] rating to a Neutral from a an Overweight in a research note published on March 21, 2025; the price target was decreased to $2 from $5. A number of analysts have revised their coverage, including Lake Street’s analysts, who began to cover the stock in late May with a ‘”a Buy”‘ rating. Piper Jaffray began covering TELA with “an Overweight” recommendation on December 03, 2019. JMP Securities started covering the stock on December 03, 2019. It rated TELA as “a Mkt outperform”.
Price Performance Review of TELA
On Tuesday, TELA Bio Inc [NASDAQ:TELA] saw its stock jump 4.10% to $1.27. Over the last five days, the stock has gained 2.42%. TELA Bio Inc shares have fallen nearly -57.95% since the year began. Nevertheless, the stocks have fallen -77.60% over the past one year. While a 52-week high of $6.50 was reached on 01/02/25, a 52-week low of $1.14 was recorded on 03/27/25. SMA at 50 days reached $2.3605, while 200 days put it at $3.0698.
Levels Of Support And Resistance For TELA Stock
The 24-hour chart illustrates a support level at 1.1933, which if violated will result in even more drops to 1.1167. On the upside, there is a resistance level at 1.3333. A further resistance level may holdings at 1.3967. The Relative Strength Index (RSI) on the 14-day chart is 23.43, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.5130, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.62%. Stochastics %K at 7.25% indicates the stock is a buying.
How much short interest is there in TELA Bio Inc?
A steep rise in short interest was recorded in TELA Bio Inc stocks on 2025-03-14, dropping by -0.11 million shares to a total of 0.45 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.56 million shares. There was a decline of -24.67%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 03, 2019 when Jefferies began covering the stock and recommended ‘”a Buy”‘ rating .
