Sana Biotechnology Inc (NASDAQ: SANA) is 79.14% 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 $3.16 in the last trading session, with the day’s loss setting it -0.24%.
Currently trading at $2.92, the stock is 21.21% and 18.58% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.78 million and changing -7.59% at the moment leaves the stock -43.63% off its SMA200. SANA registered -48.32% loss for a year compared to 6-month loss of -49.66%. The firm has a 50-day simple moving average (SMA 50) of $2.4719 and a 200-day simple moving average (SMA200) of $5.211025.
The stock witnessed a 52.88% gain in the last 1 month and extending the period to 3 months gives it a -28.08%, and is -15.61% 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 17.32% over the week and 17.44% over the month.
Sana Biotechnology Inc (SANA) has around 328 employees, a market worth around $651.95M and $0.00M in sales. Distance from 52-week low is 92.11% and -75.67% 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 101.27% of the company’s shares. The shares outstanding are 223.11M, and float is at 122.70M with Short Float at 30.24%. Institutions hold 92.53% 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
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Sana Biotechnology Inc disclosed in a document filed with the SEC on Jan 08 ’25 that FMR LLC (See Remark 1) sold a total of 290,912 shares of the company’s common stock. The trade occurred on Jan 08 ’25 and was made at $6.49 per share for $1.89 million. Following the transaction, the insider now directly holds 4.54 million shares of the SANA stock.
Still, SEC filings show that on Dec 16 ’24, CHRISTIAN HORDO & KATHARINE HO (Officer) Proposed Sale 75,000 shares at an average price of $1.89 for $0.14 million. The insider now directly holds shares of Sana Biotechnology Inc (SANA).
