Rhumbline Advisers lifted its holdings in Tyra Biosciences, Inc. (NASDAQ:TYRA – Free Report) by 7.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,081 shares of the company’s stock after purchasing an additional 1,879 shares during the quarter. Rhumbline Advisers’ holdings in Tyra Biosciences were worth $261,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the stock. Alta Partners Management Company L.P. bought a new position in shares of Tyra Biosciences during the 4th quarter worth approximately $56,716,000. Boxer Capital Management LLC bought a new position in shares of Tyra Biosciences during the fourth quarter worth approximately $28,185,000. Farallon Capital Management LLC bought a new position in shares of Tyra Biosciences during the fourth quarter worth approximately $13,914,000. Vestal Point Capital LP bought a new position in shares of Tyra Biosciences during the fourth quarter worth approximately $13,761,000. Finally, Orbimed Advisors LLC raised its position in shares of Tyra Biosciences by 91.3% in the 4th quarter. Orbimed Advisors LLC now owns 1,470,086 shares of the company’s stock valued at $20,434,000 after buying an additional 701,448 shares in the last quarter. Institutional investors and hedge funds own 84.14% of the company’s stock.
Insider Transactions at Tyra Biosciences
In other news, Director Gilla Kaplan sold 9,568 shares of the company’s stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $9.78, for a total value of $93,575.04. Following the completion of the sale, the director now owns 28,231 shares in the company, valued at $276,099.18. This represents a 25.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders sold a total of 61,392 shares of company stock worth $628,358 in the last quarter. 15.20% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
View Our Latest Research Report on Tyra Biosciences
Tyra Biosciences Trading Up 0.3%
TYRA opened at $9.74 on Wednesday. Tyra Biosciences, Inc. has a 1-year low of $6.42 and a 1-year high of $29.60. The company has a market cap of $517.10 million, a P/E ratio of -5.98 and a beta of 1.07. The company has a fifty day moving average price of $9.81 and a two-hundred day moving average price of $11.66.
Tyra Biosciences (NASDAQ:TYRA – Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported ($0.47) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.49) by $0.02. On average, research analysts forecast that Tyra Biosciences, Inc. will post -1.57 EPS for the current fiscal year.
Tyra Biosciences Company Profile
Tyra Biosciences, Inc, a clinical-stage biotechnology company, develops precision medicines for fibroblast growth factor receptor (FGFR) biology in the United States. The company offers SNÅP, a precision medicine platform that enables drug design through iterative molecular snapshots to predict genetic alterations for developing therapies targeting oncology and genetically defined conditions.
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