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Tevogen Bio Holdings Inc (TVGN) Stock Could Soon Reward Patient Investors

Tevogen Bio Holdings Inc (NASDAQ: TVGN) is -8.99% lower on its value in year-to-date trading and has touched a low of $0.26 and a high of $3.09 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TVGN stock was last observed hovering at around $0.99 in the last trading session, with the day’s loss setting it -0.05%.

Currently trading at $0.94, the stock is -8.10% and -18.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.6 million and changing -5.52% at the moment leaves the stock -12.47% off its SMA200. TVGN registered -37.51% loss for a year compared to 6-month loss of -62.20%. The firm has a 50-day simple moving average (SMA 50) of $1.1527 and a 200-day simple moving average (SMA200) of $1.070905.

The stock witnessed a -21.88% gain in the last 1 month and extending the period to 3 months gives it a -44.20%, and is 0.55% 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 6.16% over the week and 9.50% over the month.

Tevogen Bio Holdings Inc (TVGN) has around 18 employees, a market worth around $172.38M and $0.00M in sales. Distance from 52-week low is 266.74% and -69.66% from its 52-week high.

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Tevogen Bio Holdings Inc (TVGN) Top Institutional Holders

63.0 institutions hold shares in Tevogen Bio Holdings Inc (TVGN), with institutional investors hold 9.06% of the company’s shares. The shares outstanding are 177.99M, and float is at 26.87M with Short Float at 5.45%. Institutions hold 1.39% of the Float.

The top institutional shareholder in the company is POLAR ASSET MANAGEMENT PARTNERS INC. with over 1.99 million shares valued at $0.21 million. The investor’s holdings represent 1.288% of the TVGN Shares outstanding. As of 2024-06-30, the second largest holder is PORTLAND GLOBAL ADVISORS LLC with 1.91 million shares valued at $1.38 million to account for 1.2393 of the shares outstanding. The other top investors are CANTOR FITZGERALD, L. P. which holds 0.65 million shares representing 0.4216% and valued at over $0.47 million, while GEODE CAPITAL MANAGEMENT, LLC holds 0.2211 of the shares totaling 0.34 million with a market value of $0.25 million.

Tevogen Bio Holdings Inc (TVGN) Insider Activity

The most recent transaction is an insider sale by Flomenberg Neal. SEC filings show that Flomenberg Neal sold 232,968 shares of the company’s common stock on Mar 12 ’25 at a price of $1.09 per share for a total of $0.25 million. Following the sale, the insider now owns 3.6 million shares.

Tevogen Bio Holdings Inc disclosed in a document filed with the SEC on Mar 07 ’25 that Flomenberg Nealsold a total of 71,273 shares of the company’s common stock. The trade occurred on Mar 07 ’25 and was made at $1.14 per share for $81251.0. Following the transaction, the insider now directly holds 3.97 million shares of the TVGN stock.

Still, SEC filings show that on Mar 10 ’25, Flomenberg Neal disposed off 70,384 shares at an average price of $1.09 for $76719.0. The insider now directly holds 3,898,828 shares of Tevogen Bio Holdings Inc (TVGN).

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