Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Infosys Ltd ADR shares valued at $69,760 were purchased by INDERPREET SAWHNEY on Feb 10 ’25. At $21.80 per share, INDERPREET SAWHNEY acquired 3,200 shares.
Also, INDERPREET SAWHNEY purchased 2,136 shares, netting a total of over 47,227 in proceeds.
Before that, INDERPREET SAWHNEY had added 14,000 shares to its account. In a trade valued at $311,087, the Officer bought Infosys Ltd ADR shares for $22.22 each.
As published in a research note from HSBC Securities on December 09, 2024, Infosys Ltd ADR [INFY] has been rated up from a Hold to a Buy. Analysts at Investec downgraded the stock from ‘”a Hold”‘ to ‘”a Sell”‘ outlook in a report released in early October. As of July 19, 2024, Macquarie has increased its “an Underperform” rating to a “Neutral” for INFY. Earlier on April 09, 2024, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for INFY stock which previously was a “a Neutral”.
Analyzing INFY Stock Performance
During the last five days, there has been a drop of approximately -2.51%. Over the course of the year, Infosys Ltd ADR shares have dropped approximately -0.78%. Shares of the company reached a 52-week high of $23.19 on 01/10/25 and a 52-week low of $20.93 on 01/21/25. A 50-day SMA is recorded $22.38, while a 200-day SMA reached $21.07. Nevertheless, trading volume fell to 5.91 million shares from 9.25 million shares the previous day.
Support And Resistance Levels for Infosys Ltd ADR (INFY)
According to the 24-hour chart, there is a support level at 21.59, which, if violated, would cause prices to drop to 21.43. In the upper region, resistance lies at 21.83. The next price resistance is at 21.91. RSI (Relative Strength Index) is 44.18 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.03, which suggests the price will decrease in the coming days. Percent R is at 55.56%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
