Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. 2seventy bio Inc shares valued at $11,364 were sold by Snow Jessica on Mar 17 ’25. At $4.95 per share, Snow Jessica sold 2,298 shares. The insider’s holdings dropped to 254,193 shares worth approximately $1.26 million following the completion of this transaction.
Also, Baird William D III sold 5,092 shares, netting a total of over 25,180 in proceeds. Following the sale of shares at $4.95 each, the insider now holds 1,121,034 shares.
Before that, Eatwell Victoria had sold 2,592 shares from its account. In a trade valued at $12,817, the Chief Financial Officer traded 2seventy bio Inc shares for $4.95 each. Upon closing the transaction, the insider’s holdings decreased to 2,592 shares, worth approximately $2.2 million.
As published in a research note from Goldman on June 06, 2024, 2seventy bio Inc [TSVT] has been rated down from a Neutral to a Sell and the price target has been revised to $2 from $5. Analysts at Leerink Partners upgraded the stock from ‘”a Market perform”‘ to ‘”an Outperform”‘ outlook in a report released in late January. As of January 31, 2024, TD Cowen has decreased its “an Outperform” rating to a “Market perform” for TSVT. Earlier on October 30, 2023, Leerink Partners downgraded its rating. Their new recommendation was “a Market perform” for TSVT stock which previously was a “an Outperform”.
Analyzing TSVT Stock Performance
During the last five days, there has been a drop of approximately -0.40%. Over the course of the year, 2seventy bio Inc shares have jumped approximately 68.03%. Shares of the company reached a 52-week high of $4.97 on 04/08/25 and a 52-week low of $2.29 on 02/10/25. A 50-day SMA is recorded $3.63, while a 200-day SMA reached $3.98.
Support And Resistance Levels for 2seventy bio Inc (TSVT)
According to the 24-hour chart, there is a support level at 4.90, which, if violated, would cause prices to drop to 4.87. In the upper region, resistance lies at 4.96. The next price resistance is at 4.99. RSI (Relative Strength Index) is 75.54 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.02, which suggests the price will decrease in the coming days. Percent R is at 33.33%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
