Innoviva Inc’s recently made public that its Chief Accounting Officer Zhen Marianne unloaded Company’s shares for reported $0.15 million on Nov 15 ’23. In the deal valued at $13.99 per share,10,994 shares were sold. As a result of this transaction, Zhen Marianne now holds 40,158 shares worth roughly $0.58 million.
Then, DENNER ALEXANDER J bought 8,000 shares, generating $104,384 in total proceeds. Upon buying the shares at $13.05, the 10% Owner now owns 7,215,000 shares.
Before that, DENNER ALEXANDER J bought 7,000 shares. Innoviva Inc shares valued at $91,297 were divested by the 10% Owner at a price of $13.04 per share. As a result of the transaction, DENNER ALEXANDER J now holds 7,207,000 shares, worth roughly $103.78 million.
Goldman initiated its Innoviva Inc [INVA] rating to a Neutral in a research note published on July 20, 2022; the price target was $16. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in mid November with a ‘”a Hold”‘ rating.
Price Performance Review of INVA
On Monday, Innoviva Inc [NASDAQ:INVA] saw its stock fall -1.57% to $14.40. Over the last five days, the stock has lost -2.24%. Innoviva Inc shares have fallen nearly -10.22% since the year began. Nevertheless, the stocks have risen 23.08% over the past one year. While a 52-week high of $16.86 was reached on 01/04/24, a 52-week low of $11.24 was recorded on 04/03/24. SMA at 50 days reached $15.16, while 200 days put it at $14.22. A total of 0.55 million shares were traded, compared to the trading of 0.34 million shares in the previous session.
Levels Of Support And Resistance For INVA Stock
The 24-hour chart illustrates a support level at 14.26, which if violated will result in even more drops to 14.13. On the upside, there is a resistance level at 14.63. A further resistance level may holdings at 14.87. The Relative Strength Index (RSI) on the 14-day chart is 34.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.40%. Stochastics %K at 23.58% indicates the stock is a holding.
