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Dyne Therapeutics Inc (DYN) – key numbers that make it a Strong Buy For Now

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Dyne Therapeutics Inc (NASDAQ: DYN) is 237.44% higher on its value in year-to-date trading and has touched a low of $6.40 and a high of $47.45 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DYN stock was last observed hovering at around $46.53 in the last trading session, with the day’s loss setting it -1.65%.

Currently trading at $44.88, the stock is 2.15% and 11.39% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.97 million and changing -3.55% at the moment leaves the stock 70.51% off its SMA200. DYN registered 281.96% gain for a year compared to 6-month gain of 86.69%.

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The stock witnessed a 0.79% loss in the last 1 month and extending the period to 3 months gives it a 43.75%, and is -2.69% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.83% over the week and 5.49% over the month.

Dyne Therapeutics Inc (DYN) has around 141 employees, a market worth around $4.51B and $0.00M in sales. Distance from 52-week low is 601.25% and -5.42% from its 52-week high. The company has generated returns on investments over the last 12 months (-32.36%).

The EPS is expected to grow by 24.77% this year.

Dyne Therapeutics Inc (DYN) Top Institutional Holders

270.0 institutions hold shares in Dyne Therapeutics Inc (DYN), with institutional investors hold 113.40% of the company’s shares. The shares outstanding are 100.40M, and float is at 73.76M with Short Float at 13.40%. Institutions hold 112.95% of the Float.

The top institutional shareholder in the company is ATLAS VENTURE LIFE SCIENCE ADVISORS, LLC with over 8.02 million shares valued at $283.03 million. The investor’s holdings represent 9.8961% of the DYN Shares outstanding. As of 2024-06-30, the second largest holder is FCPM III SERVICES B.V. with 7.85 million shares valued at $276.86 million to account for 9.6804 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 7.39 million shares representing 9.1148% and valued at over $260.69 million, while RTW INVESTMENTS, LP holds 7.8811 of the shares totaling 6.39 million with a market value of $225.4 million.

Dyne Therapeutics Inc (DYN) Insider Activity

The most recent transaction is an insider sale by Kersten Dirk, the company’s Director. SEC filings show that Kersten Dirk sold 95,321 shares of the company’s common stock on Aug 22 ’24 at a price of $45.82 per share for a total of $4.37 million. Following the sale, the insider now owns 0.81 million shares.

Dyne Therapeutics Inc disclosed in a document filed with the SEC on Aug 23 ’24 that Kersten Dirk (Director) sold a total of 85,088 shares of the company’s common stock. The trade occurred on Aug 23 ’24 and was made at $46.23 per share for $3.93 million. Following the transaction, the insider now directly holds 0.72 million shares of the DYN stock.

Still, SEC filings show that on Aug 21 ’24, Kersten Dirk (Director) disposed off 135,763 shares at an average price of $46.78 for $6.35 million. The insider now directly holds 900,870 shares of Dyne Therapeutics Inc (DYN).

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