Ingredion Inc’s filing revealed that its President and CEO Zallie James P. unloaded Company’s shares for reported $1.36 million on Feb 19 ’25. In the deal valued at $125.88 per share,10,815 shares were sold. As a result of this transaction, Zallie James P. now holds 34,127 shares worth roughly $4.45 million.
Then, Zallie James P. bought 10,815 shares, generating $1,355,768 in total proceeds.
Before that, Zallie James P. sold 39,329 shares. Ingredion Inc shares valued at $4,991,047 were divested by the President and CEO at a price of $126.91 per share. As a result of the transaction, Zallie James P. now holds 52,758 shares, worth roughly $6.87 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 jump 1.73% to $130.30. Over the last five days, the stock has gained 2.76%. Ingredion Inc shares have fallen nearly -5.28% since the year began. Nevertheless, the stocks have risen 13.11% over the past one year. While a 52-week high of $155.44 was reached on 01/30/25, a 52-week low of $109.51 was recorded on 02/04/25. SMA at 50 days reached $134.58, while 200 days put it at $130.42.
Levels Of Support And Resistance For INGR Stock
The 24-hour chart illustrates a support level at 128.34, which if violated will result in even more drops to 126.38. On the upside, there is a resistance level at 131.45. A further resistance level may holdings at 132.59. The Relative Strength Index (RSI) on the 14-day chart is 48.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 29.50%. Stochastics %K at 38.76% indicates the stock is a holding.
