i3 Verticals Inc’s recently made public that its President STANFORD FREDERICK unloaded Company’s shares for reported $0.44 million on Nov 27 ’24. In the deal valued at $25.28 per share,17,577 shares were sold. As a result of this transaction, STANFORD FREDERICK now holds 0 shares worth roughly $0.0.
Then, STANFORD FREDERICK bought 17,577 shares, generating $446,064 in total proceeds.
Before that, DAILY GREGORY S bought 48,544 shares. i3 Verticals Inc shares valued at $1,141,269 were divested by the Chief Executive Officer at a price of $23.51 per share. As a result of the transaction, DAILY GREGORY S now holds 48,544 shares, worth roughly $1.13 million.
The Benchmark Company initiated its i3 Verticals Inc [IIIV] rating to a Buy in a research note published on February 23, 2024; the price target was $28. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who began to cover the stock in early December with a ‘”a Market perform”‘ rating. Berenberg began covering IIIV with “Buy” recommendation on July 11, 2023.
Price Performance Review of IIIV
On Tuesday, i3 Verticals Inc [NASDAQ:IIIV] saw its stock jump 1.04% to $23.30. Over the last five days, the stock has gained 3.69%. i3 Verticals Inc shares have risen nearly 10.06% since the year began. Nevertheless, the stocks have risen 7.03% over the past one year. While a 52-week high of $26.66 was reached on 11/27/24, a 52-week low of $17.54 was recorded on 02/09/24. SMA at 50 days reached $23.69, while 200 days put it at $22.30.
Levels Of Support And Resistance For IIIV Stock
The 24-hour chart illustrates a support level at 23.07, which if violated will result in even more drops to 22.83. On the upside, there is a resistance level at 23.44. A further resistance level may holdings at 23.58. The Relative Strength Index (RSI) on the 14-day chart is 48.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.17%. Stochastics %K at 36.75% indicates the stock is a holding.
How much short interest is there in i3 Verticals Inc?
A steep rise in short interest was recorded in i3 Verticals Inc stocks on 2024-10-31, dropping by 14183.0 shares to a total of 0.87 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.89 million shares. There was a decline of -1.62%, which implies that there is a negative sentiment for the stock.
