Sana Biotechnology Inc (NASDAQ: SANA) is 124.54% higher on its value in year-to-date trading and has touched a low of $1.52 and a high of $12.00 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 SANA stock was last observed hovering at around $4.30 in the last trading session, with the day’s loss setting it -0.64%.
Currently trading at $3.66, the stock is 84.27% and 46.88% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 29.41 million and changing -14.88% at the moment leaves the stock -31.80% off its SMA200. SANA registered -29.00% loss for a year compared to 6-month loss of -35.34%. The firm has a 50-day simple moving average (SMA 50) of $2.4919 and a 200-day simple moving average (SMA200) of $5.366225.
The stock witnessed a 38.11% gain in the last 1 month and extending the period to 3 months gives it a -8.27%, and is 121.82% up 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 30.97% over the week and 15.90% over the month.
Sana Biotechnology Inc (SANA) has around 328 employees, a market worth around $817.16M and $0.00M in sales. Distance from 52-week low is 140.79% and -69.50% from its 52-week high. The company has generated returns on investments over the last 12 months (-80.91%).
The EPS is expected to grow by 17.68% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
Sana Biotechnology Inc (SANA) Top Institutional Holders
227.0 institutions hold shares in Sana Biotechnology Inc (SANA), with institutional investors hold 101.18% of the company’s shares. The shares outstanding are 223.11M, and float is at 122.41M with Short Float at 30.31%. Institutions hold 92.44% of the Float.
The top institutional shareholder in the company is FMR LLC with over 27.17 million shares valued at $148.35 million. The investor’s holdings represent 12.5041% of the SANA Shares outstanding. As of 2024-06-30, the second largest holder is FLAGSHIP PIONEERING INC. with 25.0 million shares valued at $136.51 million to account for 11.5062 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 12.88 million shares representing 5.927% and valued at over $70.32 million, while BLACKROCK INC. holds 5.0833 of the shares totaling 11.05 million with a market value of $60.31 million.
Sana Biotechnology Inc (SANA) Insider Activity
The most recent transaction is an insider sale by FMR LLC, the company’s See Remark 1. SEC filings show that FMR LLC sold 290,912 shares of the company’s common stock on Jan 08 ’25 at a price of $6.49 per share for a total of $1.89 million. Following the sale, the insider now owns 4.54 million shares.
Still, SEC filings show that on Nov 26 ’24, Hardy Nathan (Former CFO) Proposed Sale 91,607 shares at an average price of $2.50 for $0.23 million. The insider now directly holds shares of Sana Biotechnology Inc (SANA).
