Free Trial

Walleye Capital LLC Has $2.98 Million Holdings in Tyra Biosciences, Inc. (NASDAQ:TYRA)

Tyra Biosciences logo with Medical background

Walleye Capital LLC boosted its stake in Tyra Biosciences, Inc. (NASDAQ:TYRA - Free Report) by 306.5% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 126,597 shares of the company's stock after buying an additional 95,451 shares during the quarter. Walleye Capital LLC owned approximately 0.25% of Tyra Biosciences worth $2,976,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Valence8 US LP purchased a new stake in Tyra Biosciences in the 3rd quarter valued at approximately $310,000. SG Americas Securities LLC acquired a new position in Tyra Biosciences in the 3rd quarter valued at $311,000. The Manufacturers Life Insurance Company acquired a new position in Tyra Biosciences in the 3rd quarter valued at $333,000. HighVista Strategies LLC acquired a new position in Tyra Biosciences in the 2nd quarter valued at $257,000. Finally, Quest Partners LLC acquired a new position in Tyra Biosciences in the 3rd quarter valued at $491,000. Hedge funds and other institutional investors own 84.14% of the company's stock.

Tyra Biosciences Stock Performance

NASDAQ:TYRA traded down $0.60 on Tuesday, reaching $15.26. The stock had a trading volume of 182,398 shares, compared to its average volume of 194,214. The company has a 50-day moving average of $19.94 and a 200 day moving average of $19.79. Tyra Biosciences, Inc. has a 12-month low of $11.24 and a 12-month high of $29.60.

Tyra Biosciences (NASDAQ:TYRA - Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported ($0.41) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.40) by ($0.01). On average, research analysts expect that Tyra Biosciences, Inc. will post -1.57 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Tyra Biosciences news, CEO Todd Harris sold 5,698 shares of the company's stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $24.31, for a total value of $138,518.38. Following the transaction, the chief executive officer now owns 1,496,729 shares of the company's stock, valued at approximately $36,385,481.99. This represents a 0.38 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Alan Fuhrman acquired 9,500 shares of the stock in a transaction on Wednesday, October 30th. The shares were purchased at an average price of $16.00 per share, for a total transaction of $152,000.00. Following the completion of the transaction, the chief financial officer now owns 12,849 shares in the company, valued at approximately $205,584. This represents a 283.67 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 101,050 shares of company stock valued at $2,235,492 over the last quarter. Corporate insiders own 15.40% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on TYRA shares. HC Wainwright cut their price target on Tyra Biosciences from $32.00 to $30.00 and set a "buy" rating for the company in a report on Monday, November 11th. Bank of America upgraded Tyra Biosciences from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $22.00 to $31.00 in a report on Friday, October 18th. Wedbush restated an "outperform" rating and set a $28.00 price objective on shares of Tyra Biosciences in a report on Friday, October 25th. Piper Sandler assumed coverage on Tyra Biosciences in a report on Thursday, August 15th. They issued an "overweight" rating and a $33.00 price target for the company. Finally, Oppenheimer increased their price target on Tyra Biosciences from $25.00 to $33.00 and gave the company an "outperform" rating in a report on Thursday, September 19th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Tyra Biosciences has an average rating of "Buy" and an average target price of $31.00.

Check Out Our Latest Report on Tyra Biosciences

Tyra Biosciences Profile

(Free Report)

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.

Read More

Institutional Ownership by Quarter for Tyra Biosciences (NASDAQ:TYRA)

Should you invest $1,000 in Tyra Biosciences right now?

Before you consider Tyra Biosciences, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tyra Biosciences wasn't on the list.

While Tyra Biosciences currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Broadcom Hits $1 Trillion – Can This AI Powerhouse Go Higher?

Broadcom Hits $1 Trillion – Can This AI Powerhouse Go Higher?

AVGO is up 30% since earnings: could Broadcom be the next member of the Magnificent Seven? Can it sustain this momentum or is a pullback on the horizon?

Related Videos

Why Meta Is Still a Top Stock Pick for 2025
Meta Platforms Tops Most Upgraded Stocks List—Here’s What to Expect
Alphabet Gaining Momentum: Can It Reach $200 by December?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines