Twist Bioscience Corp (NASDAQ: TWST) is 12.70% higher on its value in year-to-date trading and has touched a low of $27.41 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 $51.14 in the last trading session, with the day’s gains setting it 1.23%.
Currently trading at $52.37, the stock is 8.20% and 9.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing 2.41% at the moment leaves the stock 14.87% off its SMA200. TWST registered 57.74% gain for a year compared to 6-month loss of -6.16%. The firm has a 50-day simple moving average (SMA 50) of $47.8172 and a 200-day simple moving average (SMA200) of $45.59025.
The stock witnessed a 10.88% gain in the last 1 month and extending the period to 3 months gives it a 22.79%, and is -3.14% 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 5.33% over the week and 6.29% over the month.
Twist Bioscience Corp (TWST) has around 923 employees, a market worth around $3.12B and $312.97M in sales. Profit margin for the company is -66.69%. Distance from 52-week low is 91.06% and -14.01% from its 52-week high. The company has generated returns on investments over the last 12 months (-38.45%).
with sales reaching $86.95M over the same period.The EPS is expected to grow by 37.45% this year, but quarterly earnings will post 19.21% year-over-year. Quarterly sales are estimated to grow 21.61% in year-over-year returns.
Twist Bioscience Corp (TWST) Top Institutional Holders
360.0 institutions hold shares in Twist Bioscience Corp (TWST), with institutional investors hold 112.30% of the company’s shares. The shares outstanding are 58.88M, and float is at 56.27M with Short Float at 16.31%. Institutions hold 110.12% 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 Finn Patrick John, the company’s President and COO. SEC filings show that Finn Patrick John sold 2,422 shares of the company’s common stock on Jan 23 ’25 at a price of $50.17 per share for a total of $0.12 million. Following the sale, the insider now owns 0.27 million shares.
Still, SEC filings show that on Jan 10 ’25, Laponis Adam (Chief Financial Officer) disposed off 5,886 shares at an average price of $43.26 for $0.25 million. The insider now directly holds 110,096 shares of Twist Bioscience Corp (TWST).
