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. Tyra Biosciences Inc shares valued at $74,324 were sold by Kjellson Nina S on Feb 05 ’25. At $13.76 per share, Kjellson Nina S sold 5,401 shares. The insider’s holdings dropped to 443,885 shares worth approximately $3.96 million following the completion of this transaction.
Also, Canaan XI, LP purchased 120,000 shares, netting a total of over 1,650,000 in proceeds.
Before that, Canaan 2020 Plus Co-Investment had added 112,500 shares to its account. In a trade valued at $1,546,875, the Director bought Tyra Biosciences Inc shares for $13.75 each.
As published in their initiating research note from UBS on January 07, 2025, Tyra Biosciences Inc [TYRA] has been a Buy and the price target has been revised to $28. Analysts at BofA Securities upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid October. As of August 15, 2024, Piper Sandler has initiated its “an Overweight” rating for TYRA. Earlier on December 15, 2023, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for TYRA stock which previously was a “a Buy”.
Analyzing TYRA Stock Performance
During the last five days, there has been a surge of approximately 18.15%. Over the course of the year, Tyra Biosciences Inc shares have dropped approximately -35.83%. Shares of the company reached a 52-week high of $17.27 on 01/15/25 and a 52-week low of $6.42 on 04/09/25. A 50-day SMA is recorded $10.59, while a 200-day SMA reached $16.85.
Support And Resistance Levels for Tyra Biosciences Inc (TYRA)
According to the 24-hour chart, there is a support level at 8.48, which, if violated, would cause prices to drop to 8.05. In the upper region, resistance lies at 9.17. The next price resistance is at 9.43. RSI (Relative Strength Index) is 45.97 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.50, which suggests the price will decrease in the coming days. Percent R is at 24.70%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
