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. TELA Bio Inc shares valued at $144,999 were purchased by Cuca Roberto on Oct 24 ’24. At $2.25 per share, Cuca Roberto acquired 64,444 shares. The insider’s holdings grew to 155,388 shares worth approximately $0.15 million following the completion of this transaction.
Also, Talmo Paul purchased 22,222 shares, netting a total of over 50,000 in proceeds. Following the buying of shares at $2.25 each, the insider now holds 91,082 shares.
Before that, KOBLISH ANTONY had added 88,888 shares to its account. In a trade valued at $199,998, the Chief Executive Officer bought TELA Bio Inc shares for $2.25 each. Upon closing the transaction, the insider’s holdings increased to 88,888 shares, worth approximately $0.44 million.
As published in a research note from Piper Sandler on March 21, 2025, TELA Bio Inc [TELA] has been rated down from an Overweight to a Neutral and the price target has been revised to $2 from $5. Analysts at Lake Street started covering the stock with ‘”a Buy”‘ outlook in a report released in late May. As of December 03, 2019, Piper Jaffray has initiated its “an Overweight” rating for TELA. Earlier on December 03, 2019, JMP Securities initiated its rating. Their recommendation was “a Mkt outperform” for TELA stock.
Analyzing TELA Stock Performance
During the last five days, there has been a surge of approximately 1.72%. Over the course of the year, TELA Bio Inc shares have dropped approximately -68.34%. Shares of the company reached a 52-week high of $3.0994 on 01/02/25 and a 52-week low of $0.8645 on 04/08/25. A 50-day SMA is recorded $1.9623, while a 200-day SMA reached $2.8207.
Support And Resistance Levels for TELA Bio Inc (TELA)
According to the 24-hour chart, there is a support level at 0.9123, which, if violated, would cause prices to drop to 0.8684. In the upper region, resistance lies at 1.0178. The next price resistance is at 1.0794. RSI (Relative Strength Index) is 25.75 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0841, which suggests the price will decrease in the coming days. Percent R is at 79.87%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
