IQVIA Holdings Inc’s filing revealed that its insider Sherbet Eric unloaded Company’s shares for reported $0.32 million on Aug 27 ’24. In the deal valued at $246.33 per share,1,300 shares were sold. As a result of this transaction, Sherbet Eric now holds 19,536 shares worth roughly $3.92 million.
Then, Sherbet Eric bought 1,300 shares, generating $320,229 in total proceeds.
Before that, BOUSBIB ARI sold 31,678 shares. IQVIA Holdings Inc shares valued at $7,936,193 were divested by the insider at a price of $250.53 per share. As a result of the transaction, BOUSBIB ARI now holds 796,752 shares, worth roughly $160.02 million.
Redburn Atlantic initiated its IQVIA Holdings Inc [IQV] rating to a Buy in a research note published recently. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who began to cover the stock in early September with a ‘”an Outperform”‘ rating. Jefferies also remained covering IQV and has decreased its forecast on July 24, 2024 with a “Hold” recommendation from previously “Buy” rating. Goldman started covering the stock on June 06, 2024. It rated IQV as “a Buy”.
Price Performance Review of IQV
On Friday, IQVIA Holdings Inc [NYSE:IQV] saw its stock fall -0.29% to $200.84. Over the last five days, the stock has gained 1.64%. IQVIA Holdings Inc shares have fallen nearly -13.20% since the year began. Nevertheless, the stocks have fallen -6.07% over the past one year. While a 52-week high of $261.73 was reached on 03/08/24, a 52-week low of $187.62 was recorded on 11/18/24. SMA at 50 days reached $219.49, while 200 days put it at $231.22.
Levels Of Support And Resistance For IQV Stock
The 24-hour chart illustrates a support level at 199.93, which if violated will result in even more drops to 199.01. On the upside, there is a resistance level at 202.21. A further resistance level may holdings at 203.57. The Relative Strength Index (RSI) on the 14-day chart is 40.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.03%. Stochastics %K at 39.74% indicates the stock is a holding.
How much short interest is there in IQVIA Holdings Inc?
A steep rise in short interest was recorded in IQVIA Holdings Inc stocks on 2024-11-15, growing by 0.43 million shares to a total of 3.34 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 2.91 million shares. There was a rise of 12.88%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on February 26, 2024 when Leerink Partners began covering the stock and recommended ‘”an Outperform”‘ rating along with a $290 price target.
