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 $0.6 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 $107.6 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 -0.13% to $14.93. Over the last five days, the stock has gained 3.68%. Innoviva Inc shares have fallen nearly -6.92% since the year began. Nevertheless, the stocks have risen 26.10% over the past one year. While a 52-week high of $16.86 was reached on 01/04/24, a 52-week low of $11.37 was recorded on 04/16/24. SMA at 50 days reached $15.06, while 200 days put it at $14.27. A total of 0.78 million shares were traded, compared to the trading of 0.64 million shares in the previous session.
Levels Of Support And Resistance For INVA Stock
The 24-hour chart illustrates a support level at 14.79, which if violated will result in even more drops to 14.65. On the upside, there is a resistance level at 15.11. A further resistance level may holdings at 15.30. The Relative Strength Index (RSI) on the 14-day chart is 52.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.11%. Stochastics %K at 59.42% indicates the stock is a holding.
