89bio Inc’s recent filing unveils that its insider Le-Nguyen Quoc unloaded Company’s shares for reported $0.12 million on Jul 15 ’25. In the deal valued at $11.02 per share,10,461 shares were sold. As a result of this transaction, Le-Nguyen Quoc now holds 309,364 shares worth roughly $2.97 million.
Then, QUOC LE-NGUYEN bought 10,461 shares, generating $115,233 in total proceeds.
Before that, Le-Nguyen Quoc sold 15,329 shares. 89bio Inc shares valued at $91,208 were divested by the insider at a price of $5.95 per share. As a result of the transaction, Le-Nguyen Quoc now holds 328,323 shares, worth roughly $3.15 million.
Goldman initiated its 89bio Inc [ETNB] rating to a Neutral in a research note published on March 14, 2025; the price target was $11. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in mid March with a ‘”a Buy”‘ rating. Wolfe Research began covering ETNB with “an Outperform” recommendation on February 04, 2025.
Price Performance Review of ETNB
On Friday, 89bio Inc [NASDAQ:ETNB] saw its stock fall -3.91% to $9.59. Over the last five days, the stock has lost -8.58%. 89bio Inc shares have risen nearly 9.73% since the year began. Nevertheless, the stocks have risen 22.63% over the past one year. While a 52-week high of $11.84 was reached on 02/05/25, a 52-week low of $4.16 was recorded on 04/09/25.
Levels Of Support And Resistance For ETNB Stock
The 24-hour chart illustrates a support level at 9.42, which if violated will result in even more drops to 9.25. On the upside, there is a resistance level at 9.86. A further resistance level may holdings at 10.13.
How much short interest is there in 89bio Inc?
A steep rise in short interest was recorded in 89bio Inc stocks on 2025-07-15, growing by 1.47 million shares to a total of 15.46 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 13.99 million shares. There was a rise of 9.52%, which implies that there is a positive sentiment for the stock.
