Twist Bioscience Corporation (NASDAQ:TWST – Get Free Report) CEO Emily Leproust sold 41,570 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $151.98, for a total transaction of $6,317,808.60. Following the sale, the chief executive officer directly owned 770,729 shares of the company’s stock, valued at approximately $117,135,393.42. The trade was a 5.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Twist Bioscience Price Performance
Shares of TWST traded up $3.10 on Thursday, hitting $153.16. The company’s stock had a trading volume of 1,251,874 shares, compared to its average volume of 1,533,463. The company has a market capitalization of $9.60 billion, a PE ratio of -68.99 and a beta of 2.14. Twist Bioscience Corporation has a fifty-two week low of $23.30 and a fifty-two week high of $155.44. The company has a 50 day moving average price of $104.57 and a 200 day moving average price of $72.62. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.67 and a quick ratio of 2.38.
Twist Bioscience (NASDAQ:TWST – Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The company reported ($0.56) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.51) by ($0.05). Twist Bioscience had a negative net margin of 31.66% and a negative return on equity of 28.64%. The business had revenue of $118.38 million during the quarter, compared to the consensus estimate of $114.55 million. During the same quarter in the previous year, the firm posted $0.33 EPS. The company’s revenue for the quarter was up 23.2% compared to the same quarter last year. On average, research analysts anticipate that Twist Bioscience Corporation will post -2.12 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on TWST
Hedge Funds Weigh In On Twist Bioscience
Several institutional investors have recently modified their holdings of TWST. GAMMA Investing LLC raised its stake in Twist Bioscience by 24.4% in the 2nd quarter. GAMMA Investing LLC now owns 943 shares of the company’s stock valued at $97,000 after acquiring an additional 185 shares during the period. Stifel Financial Corp boosted its position in Twist Bioscience by 3.6% during the fourth quarter. Stifel Financial Corp now owns 7,769 shares of the company’s stock worth $246,000 after purchasing an additional 271 shares during the period. D.A. Davidson & CO. increased its holdings in shares of Twist Bioscience by 1.2% in the fourth quarter. D.A. Davidson & CO. now owns 25,237 shares of the company’s stock valued at $801,000 after purchasing an additional 305 shares during the last quarter. CWM LLC increased its holdings in shares of Twist Bioscience by 9.4% in the fourth quarter. CWM LLC now owns 4,738 shares of the company’s stock valued at $150,000 after purchasing an additional 407 shares during the last quarter. Finally, California State Teachers Retirement System increased its holdings in shares of Twist Bioscience by 0.8% in the second quarter. California State Teachers Retirement System now owns 54,187 shares of the company’s stock valued at $1,994,000 after purchasing an additional 442 shares during the last quarter.
About Twist Bioscience
Twist Bioscience Corporation is a synthetic biology company specializing in the development and commercialization of DNA-based products and solutions. Founded in 2013 and headquartered in South San Francisco, California, the company has pioneered a proprietary silicon-based DNA synthesis platform designed for high-throughput production of synthetic genes and oligonucleotides. Twist leverages semiconductor manufacturing techniques to enable precise, scalable synthesis of DNA at speeds and volumes unattainable with traditional methods.
At the core of Twist’s offering is its proprietary platform that automates the synthesis of custom DNA fragments, gene libraries, and long oligonucleotides.
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