Intra-Cellular Therapies Inc’s recent filing unveils that its Chairman, President & CEO Mates Sharon unloaded Company’s shares for reported $1.34 million on Mar 11 ’24. In the deal valued at $65.21 per share,20,565 shares were sold. As a result of this transaction, Mates Sharon now holds 1,050,309 shares worth roughly $ 76.01 million.
Then, Hineline Lawrence J. sold 10,121 shares, generating $667,587 in total proceeds. Upon selling the shares at $65.96, the SVP of Finance, CFO now owns 0 shares.
Before that, Halstead Michael sold 7,345 shares. Intra-Cellular Therapies Inc shares valued at $484,537 were divested by the EVP and General Counsel at a price of $65.97 per share. As a result of the transaction, Halstead Michael now holds 0 shares, worth roughly $0.0.
Robert W. Baird initiated its Intra-Cellular Therapies Inc [ITCI] rating to an Outperform in a research note published on January 03, 2024; the price target was $83. A number of analysts have revised their coverage, including TD Cowen’s analysts, who began to cover the stock in mid December with a ‘”an Outperform”‘ rating. Morgan Stanley began covering ITCI with “an Overweight” recommendation on April 20, 2023. Goldman revised its rating on August 22, 2022. It rated ITCI as “a Neutral” which previously was an “a Buy”.
Price Performance Review of ITCI
On Friday, Intra-Cellular Therapies Inc [NASDAQ:ITCI] saw its stock jump 0.51% to $72.37. Over the last five days, the stock has gained 9.85%. Intra-Cellular Therapies Inc shares have risen nearly 1.05% since the year began. Nevertheless, the stocks have risen 16.43% over the past one year. While a 52-week high of $84.89 was reached on 04/16/24, a 52-week low of $45.50 was recorded on 02/22/24. SMA at 50 days reached $69.30, while 200 days put it at $62.01. A total of 2.19 million shares were traded, compared to the trading of 4.71 million shares in the previous session.
Levels Of Support And Resistance For ITCI Stock
The 24-hour chart illustrates a support level at 70.68, which if violated will result in even more drops to 68.99. On the upside, there is a resistance level at 74.31. A further resistance level may holdings at 76.25. The Relative Strength Index (RSI) on the 14-day chart is 55.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.20, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 60.38%. Stochastics %K at 45.97% indicates the stock is a holding.
The most recent change occurred on July 07, 2022 when Mizuho began covering the stock and recommended ‘”a Buy”‘ rating along with a $74 price target.
