Ingredion Inc’s recently made public that its Officer Zallie James P. acquired Company’s shares for reported $5.04 million on Feb 14 ’25. In the deal valued at $128.24 per share,39,329 shares were bought.
Then, Uribe Jorge A. sold 1 shares, generating $128 in total proceeds. Upon selling the shares at $145.55, the Director now owns 12,737 shares.
Before that, Gray James D sold 54,869 shares. Ingredion Inc shares valued at $8,052,689 were divested by the Executive VP and CFO at a price of $146.76 per share. As a result of the transaction, Gray James D now holds 12,795 shares, worth roughly $1.62 million.
Barclays upgraded its Ingredion Inc [INGR] rating to an Overweight from a an Equal weight in a research note published on August 09, 2024; the price target was increased to $145 from $122. A number of analysts have revised their coverage, including Goldman’s analysts, who increased its forecast for the stock in mid February from “a Neutral” to “a Buy”. Oppenheimer began covering INGR with “an Outperform” recommendation on September 29, 2023.
Price Performance Review of INGR
On Friday, Ingredion Inc [NYSE:INGR] saw its stock fall -1.13% to $126.80. Over the last five days, the stock has lost -0.86%. Ingredion Inc shares have fallen nearly -7.82% since the year began. Nevertheless, the stocks have risen 17.00% over the past one year. While a 52-week high of $155.44 was reached on 01/30/25, a 52-week low of $108.40 was recorded on 02/04/25. SMA at 50 days reached $136.53, while 200 days put it at $130.10.
Levels Of Support And Resistance For INGR Stock
The 24-hour chart illustrates a support level at 125.67, which if violated will result in even more drops to 124.55. On the upside, there is a resistance level at 128.37. A further resistance level may holdings at 129.95. The Relative Strength Index (RSI) on the 14-day chart is 33.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.93%. Stochastics %K at 22.26% indicates the stock is a holding.
How much short interest is there in Ingredion Inc?
A steep rise in short interest was recorded in Ingredion Inc stocks on 2025-01-31, growing by 0.33 million shares to a total of 1.36 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 1.03 million shares. There was a rise of 24.38%, which implies that there is a positive sentiment for the stock.
