Twist Bioscience Co. (NASDAQ:TWST) insider William Banyai sold 20,000 shares of the stock in a transaction on Monday, June 21st. The stock was sold at an average price of $114.68, for a total transaction of $2,293,600.00. Following the transaction, the insider now directly owns 379,389 shares in the company, valued at $43,508,330.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
William Banyai also recently made the following trade(s):
- On Friday, May 21st, William Banyai sold 20,275 shares of Twist Bioscience stock. The shares were sold at an average price of $96.06, for a total value of $1,947,616.50.
- On Monday, April 26th, William Banyai sold 19,878 shares of Twist Bioscience stock. The shares were sold at an average price of $137.40, for a total value of $2,731,237.20.
Shares of NASDAQ:TWST traded up $1.35 during trading on Wednesday, reaching $120.14. The stock had a trading volume of 39,807 shares, compared to its average volume of 864,532. Twist Bioscience Co. has a 52 week low of $40.01 and a 52 week high of $214.07. The firm has a 50-day simple moving average of $112.66. The company has a market cap of $5.87 billion, a PE ratio of -44.92 and a beta of 0.72.
Twist Bioscience (NASDAQ:TWST) last posted its earnings results on Thursday, May 6th. The company reported ($0.78) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.76) by ($0.02). The firm had revenue of $31.20 million during the quarter, compared to the consensus estimate of $28.18 million. Twist Bioscience had a negative net margin of 109.15% and a negative return on equity of 25.47%. The business's revenue was up 61.7% on a year-over-year basis. During the same quarter last year, the firm posted ($0.85) EPS. On average, sell-side analysts anticipate that Twist Bioscience Co. will post -3.04 EPS for the current year.
Institutional investors have recently modified their holdings of the stock. International Assets Investment Management LLC increased its holdings in shares of Twist Bioscience by 100.0% in the first quarter. International Assets Investment Management LLC now owns 200 shares of the company's stock valued at $26,000 after purchasing an additional 100 shares in the last quarter. Wealthcare Advisory Partners LLC acquired a new stake in shares of Twist Bioscience in the first quarter valued at approximately $27,000. Grant Street Asset Management Inc. acquired a new stake in shares of Twist Bioscience in the fourth quarter valued at approximately $45,000. Captrust Financial Advisors increased its holdings in shares of Twist Bioscience by 77.8% in the fourth quarter. Captrust Financial Advisors now owns 320 shares of the company's stock valued at $45,000 after purchasing an additional 140 shares in the last quarter. Finally, AdvisorNet Financial Inc acquired a new stake in Twist Bioscience during the 1st quarter worth $56,000. 95.03% of the stock is owned by institutional investors and hedge funds.
A number of research analysts have commented on TWST shares. The Goldman Sachs Group started coverage on shares of Twist Bioscience in a research note on Friday, June 4th. They set a "neutral" rating and a $110.00 price target for the company. Piper Sandler started coverage on shares of Twist Bioscience in a research note on Monday, April 12th. They set an "overweight" rating and a $150.00 price target for the company. Finally, Zacks Investment Research upgraded shares of Twist Bioscience from a "sell" rating to a "hold" rating in a research note on Thursday, April 8th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. The company presently has an average rating of "Hold" and an average price target of $132.00.
Twist Bioscience Company Profile
Twist Bioscience Corporation, a synthetic biology company, manufactures and sells synthetic DNA-based products. The company's DNA synthesis platform enables the manufacturing of synthetic DNA by writing DNA on a silicon chip. It offers synthetic DNA-based products, including synthetic genes, tools for sample preparation, antibody libraries for drug discovery and development, and DNA as a digital data storage medium.
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