Kamran Alam Sells 23,849 Shares of Taysha Gene Therapies (NASDAQ:TSHA) Stock

Key Points

  • CFO Kamran Alam sold 23,849 shares on Jan. 26 at $4.61 for about $109,944 and now owns 1,443,786 shares, a 1.62% reduction in his stake.
  • Multiple insiders — the CFO, CEO Sean P. Nolan, and director Sukumar Nagendran — sold a combined ≈396,968 shares on Jan. 23 and Jan. 26 for roughly $1.87 million, materially reducing their ownership percentages.
  • Taysha (TSHA) trades near $4.76 (52‑week range $1.05–$6.02) with a market cap around $1.3B and negative earnings metrics, yet analysts carry a Moderate Buy consensus and a ~$10.67 average price target.

Taysha Gene Therapies, Inc. (NASDAQ:TSHA - Get Free Report) CFO Kamran Alam sold 23,849 shares of the firm's stock in a transaction on Monday, January 26th. The shares were sold at an average price of $4.61, for a total transaction of $109,943.89. Following the completion of the transaction, the chief financial officer owned 1,443,786 shares in the company, valued at $6,655,853.46. The trade was a 1.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Kamran Alam also recently made the following trade(s):

  • On Friday, January 23rd, Kamran Alam sold 78,968 shares of Taysha Gene Therapies stock. The stock was sold at an average price of $4.75, for a total transaction of $375,098.00.

Taysha Gene Therapies Stock Up 0.8%

TSHA stock opened at $4.76 on Wednesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 10.48 and a quick ratio of 10.48. Taysha Gene Therapies, Inc. has a 52-week low of $1.05 and a 52-week high of $6.02. The company has a 50-day moving average of $5.09 and a two-hundred day moving average of $4.08. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of -14.42 and a beta of 1.02.




Taysha Gene Therapies (NASDAQ:TSHA - Get Free Report) last posted its quarterly earnings data on Tuesday, November 4th. The company reported ($0.09) EPS for the quarter, hitting analysts' consensus estimates of ($0.09). Taysha Gene Therapies had a negative return on equity of 67.26% and a negative net margin of 1,144.97%. As a group, equities research analysts anticipate that Taysha Gene Therapies, Inc. will post -0.35 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on TSHA shares. Wells Fargo & Company raised their price objective on shares of Taysha Gene Therapies from $8.00 to $11.00 and gave the stock an "overweight" rating in a research note on Monday, January 5th. Needham & Company LLC restated a "buy" rating and issued a $10.00 price target on shares of Taysha Gene Therapies in a research report on Friday, October 17th. Robert W. Baird boosted their price objective on shares of Taysha Gene Therapies from $7.00 to $12.00 and gave the stock an "outperform" rating in a report on Thursday, October 2nd. JMP Securities set a $8.00 target price on shares of Taysha Gene Therapies in a research note on Wednesday, November 5th. Finally, Citizens Jmp boosted their price target on Taysha Gene Therapies from $6.00 to $8.00 and gave the company a "market outperform" rating in a research note on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $10.67.

Read Our Latest Stock Report on TSHA

Institutional Trading of Taysha Gene Therapies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TSHA. B Group Inc. boosted its stake in Taysha Gene Therapies by 43.4% in the 2nd quarter. B Group Inc. now owns 1,800,556 shares of the company's stock valued at $4,159,000 after buying an additional 545,000 shares in the last quarter. Rice Hall James & Associates LLC acquired a new stake in shares of Taysha Gene Therapies in the 3rd quarter valued at $1,890,000. Affinity Asset Advisors LLC bought a new stake in shares of Taysha Gene Therapies in the 2nd quarter worth about $462,000. Jefferies Financial Group Inc. increased its position in shares of Taysha Gene Therapies by 4,105.3% during the 2nd quarter. Jefferies Financial Group Inc. now owns 10,313,733 shares of the company's stock worth $23,825,000 after purchasing an additional 10,068,479 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Taysha Gene Therapies during the 2nd quarter valued at about $186,000. Institutional investors own 77.70% of the company's stock.

Key Headlines Impacting Taysha Gene Therapies

Here are the key news stories impacting Taysha Gene Therapies this week:

  • Negative Sentiment: CFO Kamran Alam sold 78,968 shares on Jan. 23 at ~$4.75 and 23,849 shares on Jan. 26 at ~$4.61 (total ≈102,817 shares, ≈$485k). This reduced his stake by about 5.11% and 1.62% in the respective filings. CFO Form 4
  • Negative Sentiment: CEO Sean P. Nolan sold 136,789 shares on Jan. 23 at ~$4.75 and 41,312 shares on Jan. 26 at ~$4.61 (total ≈178,101 shares, ≈$840k). These sales reduced his ownership by ~4.43% and ~1.40% in the respective filings. CEO Form 4
  • Negative Sentiment: Insider Sukumar Nagendran sold 89,132 shares on Jan. 23 at ~$4.75 and 26,918 shares on Jan. 26 at ~$4.61 (total ≈116,050 shares, ≈$547k), reducing his stake by ~6.22% and ~2.00% in the respective filings. Director Form 4

Taysha Gene Therapies Company Profile

(Get Free Report)

Taysha Gene Therapies, Inc (NASDAQ: TSHA) is a clinical-stage biotechnology company focused on developing gene therapies for rare monogenic diseases of the central nervous system. Using a proprietary adeno-associated viral (AAV) vector platform, the company engineers novel capsids and regulatory elements to optimize delivery and expression of therapeutic genes. Its pipeline features lead programs such as TSHA-102 for GM2 gangliosidoses (Tay–Sachs and Sandhoff diseases), TSHA-101 for GM1 gangliosidosis and TSHA-103 for aromatic l-amino acid decarboxylase (AADC) deficiency, alongside earlier-stage candidates targeting other life-threatening pediatric CNS disorders.

Founded in 2019 and headquartered in Dallas, Texas, Taysha Gene Therapies completed its initial public offering in May 2021.

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