Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. International Flavors & Fragrances Inc shares valued at $458,775 were sold by Arora Yuvraj on Nov 11 ’24. At $91.75 per share, Arora Yuvraj sold 5,000 shares. The insider’s holdings dropped to 3,238 shares worth approximately $0.28 million following the completion of this transaction.
Also, Arora Yuvraj purchased 5,000 shares, netting a total of over 458,775 in proceeds.
Before that, Strzelecki Angela had sold 2,588 shares from its account. In a trade valued at $247,560, the President, Pharma Solutions traded International Flavors & Fragrances Inc shares for $95.66 each. Upon closing the transaction, the insider’s holdings decreased to 2,588 shares, worth approximately $0.74 million.
As published in a research note from Argus on January 07, 2025, International Flavors & Fragrances Inc [IFF] has been rated up from a Hold to a Buy. Analysts at Morgan Stanley upgraded the stock from ‘”an Equal-weight”‘ to ‘”an Overweight”‘ outlook in a report released in mid November. As of November 08, 2024, BofA Securities has increased its “Neutral” rating to a “Buy” for IFF. Earlier on November 07, 2024, Vertical Research upgraded its rating. Their new recommendation was “a Buy” for IFF stock which previously was a “a Hold”.
Analyzing IFF Stock Performance
During the last five days, there has been a surge of approximately 2.72%. Over the course of the year, International Flavors & Fragrances Inc shares have jumped approximately 2.26%. Shares of the company reached a 52-week high of $86.52 on 01/23/25 and a 52-week low of $80.36 on 01/10/25. A 50-day SMA is recorded $86.95, while a 200-day SMA reached $94.59. Nevertheless, trading volume fell to 1.23 million shares from 1.01 million shares the previous day.
Support And Resistance Levels for International Flavors & Fragrances Inc (IFF)
According to the 24-hour chart, there is a support level at 85.43, which, if violated, would cause prices to drop to 84.39. In the upper region, resistance lies at 87.01. The next price resistance is at 87.55. RSI (Relative Strength Index) is 56.63 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.14, which suggests the price will increase in the coming days. Percent R is at 0.97%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
