Tango Therapeutics Inc’s filing revealed that its 10% Owner Third Rock Ventures IV, L.P. unloaded Company’s shares for reported $4.85 million on Oct 23 ’25. In the deal valued at $10.15 per share,477,401 shares were sold. As a result of this transaction, Third Rock Ventures IV, L.P. now holds 13,386,574 shares worth roughly $107.23 million.
Then, Third Rock Ventures IV, L.P. bought 477,401 shares, generating $3,594,830 in total proceeds.
Before that, Third Rock Ventures IV, L.P. sold 500,000 shares. Tango Therapeutics Inc shares valued at $4,008,500 were divested by the 10% Owner at a price of $8.02 per share. As a result of the transaction, Third Rock Ventures IV, L.P. now holds 13,863,975 shares, worth roughly $111.05 million.
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 unchanged to $8.01. Over the last five days, the stock has gained 2.82%. Tango Therapeutics Inc shares have risen nearly 47.38% since the year began. Nevertheless, the stocks have risen 159.22% over the past one year. While a 52-week high of $9.70 was reached on 10/16/25, 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 7.57, which if violated will result in even more drops to 7.13. On the upside, there is a resistance level at 8.31. A further resistance level may holdings at 8.61.
How much short interest is there in Tango Therapeutics Inc?
A steep rise in short interest was recorded in Tango Therapeutics Inc stocks on 2025-10-15, growing by 9.55 million shares to a total of 36.35 million shares. Yahoo Finance data shows the prior-month short interest on 2025-09-15 was 26.8 million shares. There was a rise of 26.27%, 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.
