Twist Bioscience Corp (NASDAQ: TWST) is 23.90% higher on its value in year-to-date trading and has touched a low of $14.42 and a high of $60.90 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 TWST stock was last observed hovering at around $46.46 in the last trading session, with the day’s loss setting it -0.79%.
Currently trading at $45.67, the stock is 4.27% and -3.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.81 million and changing -1.70% at the moment leaves the stock 11.73% off its SMA200. TWST registered 117.89% gain for a year compared to 6-month gain of 35.32%. The firm has a 50-day simple moving average (SMA 50) of $46.853 and a 200-day simple moving average (SMA200) of $40.97155.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 3.84% loss in the last 1 month and extending the period to 3 months gives it a -1.72%, and is -2.87% 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 3.96% over the week and 5.78% over the month.
Twist Bioscience Corp (TWST) has around 919 employees, a market worth around $2.68B and $295.21M in sales. Profit margin for the company is -74.63%. Distance from 52-week low is 216.71% and -25.01% from its 52-week high. The company has generated returns on investments over the last 12 months (-39.08%).
The EPS is expected to grow by 4.32% this year
374.0 institutions hold shares in Twist Bioscience Corp (TWST), with institutional investors hold 111.54% of the company’s shares. The shares outstanding are 57.56M, and float is at 56.09M with Short Float at 15.94%. Institutions hold 109.62% of the Float.
The top institutional shareholder in the company is ARK INVESTMENT MANAGEMENT LLC with over 6.13 million shares valued at $302.06 million. The investor’s holdings represent 10.5415 of the TWST Shares outstanding. As of 2024-06-30, the second largest holder is ARTISAN PARTNERS LIMITED PARTNERSHIP with 6.07 million shares valued at $299.06 million to account for 10.4371 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.59 million shares representing 9.6178 and valued at over $275.59 million, while BLACKROCK INC. holds 9.328 of the shares totaling 5.42 million with a market value of $267.28 million.
Twist Bioscience Corp (TWST) Insider Activity
The most recent transaction is an insider sale by Cho Dennis, the company’s. SEC filings show that Cho Dennis sold 234 shares of the company’s common stock on Sep 20 ’24 at a price of $46.94 per share for a total of $10984.0. Following the sale, the insider now owns 78393.0 shares.
Twist Bioscience Corp disclosed in a document filed with the SEC on Sep 20 ’24 that Green Paula (SVP of Human Resources) sold a total of 297 shares of the company’s common stock. The trade occurred on Sep 20 ’24 and was made at $46.94 per share for $13941.0. Following the transaction, the insider now directly holds 87895.0 shares of the TWST stock.
Still, SEC filings show that on Sep 20 ’24, Leproust Emily M. (Chief Executive Officer) disposed off 1,730 shares at an average price of $46.94 for $81208.0. The insider now directly holds 495,523 shares of Twist Bioscience Corp (TWST).
