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2seventy bio Inc [TSVT] Investment Appeal on the Rise

2seventy bio Inc’s recent filing unveils that its Chief Operating Officer Snow Jessica unloaded Company’s shares for reported $11364.0 on Mar 17 ’25. In the deal valued at $4.95 per share,2,298 shares were sold. As a result of this transaction, Snow Jessica now holds 254,193 shares worth roughly $1.26 million.

Then, Baird William D III sold 5,092 shares, generating $25,180 in total proceeds. Upon selling the shares at $4.95, the President and CEO now owns 1,121,034 shares.

Before that, Eatwell Victoria sold 2,592 shares. 2seventy bio Inc shares valued at $12,817 were divested by the Chief Financial Officer at a price of $4.95 per share. As a result of the transaction, Eatwell Victoria now holds 444,387 shares, worth roughly $2.2 million.

Goldman downgraded its 2seventy bio Inc [TSVT] rating to a Sell from a a Neutral in a research note published on June 06, 2024; the price target was decreased to $2 from $5. A number of analysts have revised their coverage, including Leerink Partners’s analysts, who increased its forecast for the stock in late January from “a Market perform” to “an Outperform”. TD Cowen also remained covering TSVT and has decreased its forecast on January 31, 2024 with a “Market perform” recommendation from previously “an Outperform” rating. Leerink Partners revised its rating on October 30, 2023. It rated TSVT as “a Market perform” which previously was an “an Outperform”.

Price Performance Review of TSVT

On Monday, 2seventy bio Inc [NASDAQ:TSVT] saw its stock unchanged to $4.95. Over the last five days, the stock has gained 0.20%. 2seventy bio Inc shares have risen nearly 68.37% since the year began. Nevertheless, the stocks have fallen -1.20% over the past one year. While a 52-week high of $5.90 was reached on 04/03/25, a 52-week low of $2.29 was recorded on 02/10/25. SMA at 50 days reached $3.53, while 200 days put it at $3.96.

Levels Of Support And Resistance For TSVT Stock

The 24-hour chart illustrates a support level at 4.93, which if violated will result in even more drops to 4.90. On the upside, there is a resistance level at 4.97. A further resistance level may holdings at 4.98. The Relative Strength Index (RSI) on the 14-day chart is 79.13, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.00%. Stochastics %K at 70.00% indicates the stock is a holding.

How much short interest is there in 2seventy bio Inc?

A steep rise in short interest was recorded in 2seventy bio Inc stocks on 2025-03-14, dropping by -1.83 million shares to a total of 3.31 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 5.14 million shares. There was a decline of -55.14%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on October 12, 2023 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $13 price target.

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