Tectonic Therapeutic Inc’s recent filing unveils that its Director SPRINGER TIMOTHY A acquired Company’s shares for reported $0.88 million on Apr 11 ’25. In the deal valued at $16.31 per share,53,706 shares were bought. As a result of this transaction, SPRINGER TIMOTHY A now holds 1,503,358 shares worth roughly $29.77 million.
Then, SPRINGER TIMOTHY A bought 45,858 shares, generating $767,204 in total proceeds. Upon buying the shares at $16.73, the Director now owns 1,449,652 shares.
Before that, SPRINGER TIMOTHY A bought 21,071 shares. Tectonic Therapeutic Inc shares valued at $311,020 were divested by the Director at a price of $14.76 per share. As a result of the transaction, SPRINGER TIMOTHY A now holds 1,403,794 shares, worth roughly $27.8 million.
A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in late April with a ‘”an Outperform”‘ rating. Raymond James began covering TECX with “an Outperform” recommendation on November 20, 2024. Wells Fargo started covering the stock on August 22, 2024. It rated TECX as “an Overweight”.
Price Performance Review of TECX
On Friday, Tectonic Therapeutic Inc [NASDAQ:TECX] saw its stock fall -1.32% to $19.8. Over the last five days, the stock has lost -0.05%. Tectonic Therapeutic Inc shares have risen nearly 23.98% since the year began. Nevertheless, the stocks have fallen -57.12% over the past one year. While a 52-week high of $61.07 was reached on 01/31/25, a 52-week low of $13.70 was recorded on 04/09/25.
Levels Of Support And Resistance For TECX Stock
The 24-hour chart illustrates a support level at 19.18, which if violated will result in even more drops to 18.55. On the upside, there is a resistance level at 20.50. A further resistance level may holdings at 21.19.
How much short interest is there in Tectonic Therapeutic Inc?
A steep rise in short interest was recorded in Tectonic Therapeutic Inc stocks on 2025-06-13, growing by 60339.0 shares to a total of 1.34 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 1.28 million shares. There was a rise of 4.5%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 26, 2024 when Piper Sandler began covering the stock and recommended ‘”an Overweight”‘ rating .
