Massachusetts Financial Services Co. MA lowered its position in shares of Sana Biotechnology, Inc. (NASDAQ:SANA) by 0.3% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 485,784 shares of the company’s stock after selling 1,382 shares during the period. Massachusetts Financial Services Co. MA owned about 0.26% of Sana Biotechnology worth $9,551,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently made changes to their positions in SANA. Alliancebernstein L.P. purchased a new stake in Sana Biotechnology during the 1st quarter valued at $460,000. Rhumbline Advisers bought a new position in shares of Sana Biotechnology in the 1st quarter worth about $702,000. BlackRock Inc. bought a new stake in Sana Biotechnology during the 1st quarter valued at about $59,556,000. New York State Common Retirement Fund bought a new stake in Sana Biotechnology during the 1st quarter valued at about $1,017,000. Finally, Mitsubishi UFJ Trust & Banking Corp purchased a new stake in shares of Sana Biotechnology during the 1st quarter valued at about $2,136,000. 50.36% of the stock is owned by institutional investors and hedge funds.
In other news, EVP Christian Hordo sold 7,958 shares of the business’s stock in a transaction on Thursday, September 2nd. The shares were sold at an average price of $25.00, for a total transaction of $198,950.00. Following the completion of the sale, the executive vice president now directly owns 977,356 shares of the company’s stock, valued at $24,433,900. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 74,929 shares of company stock valued at $1,873,895 over the last ninety days.
Shares of SANA opened at $19.87 on Thursday. The company’s fifty day moving average is $22.29 and its 200 day moving average is $22.00. Sana Biotechnology, Inc. has a fifty-two week low of $16.09 and a fifty-two week high of $44.60. The stock has a market capitalization of $3.73 billion and a PE ratio of -1.72.
Sana Biotechnology (NASDAQ:SANA) last announced its quarterly earnings results on Tuesday, August 3rd. The company reported ($0.32) earnings per share for the quarter, topping the consensus estimate of ($0.45) by $0.13. Analysts anticipate that Sana Biotechnology, Inc. will post -1.12 earnings per share for the current year.
About Sana Biotechnology
Sana Biotechnology, Inc, a biotechnology company, focuses on utilizing engineered cells as medicines. The company develops in vivo and ex vivo cell engineering platforms for various therapeutic areas with unmet treatment needs, including oncology, diabetes, central nervous system disorders, cardiovascular diseases, genetic disorders, and others.
Further Reading: Death Cross
Want to see what other hedge funds are holding SANA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sana Biotechnology, Inc. (NASDAQ:SANA).
Receive News & Ratings for Sana Biotechnology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sana Biotechnology and related companies with MarketBeat.com's FREE daily email newsletter.