Tango Therapeutics Inc’s recent filing unveils that its 10% Owner Third Rock Ventures IV, L.P. unloaded Company’s shares for reported $4.5 million on Sep 05 ’25. In the deal valued at $7.00 per share,642,906 shares were sold. As a result of this transaction, Third Rock Ventures IV, L.P. now holds 14,813,975 shares worth roughly $101.03 million.
Then, Third Rock Ventures IV, L.P. sold 86,459 shares, generating $608,628 in total proceeds. Upon selling the shares at $7.04, the 10% Owner now owns 14,727,516 shares.
Before that, Third Rock Ventures IV, L.P. bought 86,459 shares. Tango Therapeutics Inc shares valued at $608,628 were divested by the 10% Owner at a price of $7.04 per share.
Piper Sandler initiated its Tango Therapeutics Inc [TNGX] rating to an Overweight in a research note published on August 19, 2025; the price target was $11. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in mid July with a ‘”a Buy”‘ rating. Cantor Fitzgerald began covering TNGX with “an Overweight” recommendation on April 04, 2024. Piper Sandler started covering the stock on February 12, 2024. It rated TNGX as “an Overweight”.
Price Performance Review of TNGX
On Tuesday, Tango Therapeutics Inc [NASDAQ:TNGX] saw its stock jump 0.15% to $6.82. Over the last five days, the stock has gained 2.40%. Tango Therapeutics Inc shares have fallen nearly -41.61% since the year began. Nevertheless, the stocks have risen 120.71% over the past one year. While a 52-week high of $10.85 was reached on 08/19/25, a 52-week low of $1.03 was recorded on 05/08/25.
Levels Of Support And Resistance For TNGX Stock
The 24-hour chart illustrates a support level at 6.67, which if violated will result in even more drops to 6.53. On the upside, there is a resistance level at 6.97. A further resistance level may holdings at 7.13.
How much short interest is there in Tango Therapeutics Inc?
A steep rise in short interest was recorded in Tango Therapeutics Inc stocks on 2025-08-15, growing by 3.63 million shares to a total of 25.16 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-15 was 21.53 million shares. There was a rise of 14.43%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 08, 2023 when B. Riley Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $16 price target.
