International Flavors & Fragrances Inc’s recent filing unveils that its President, Nourish Arora Yuvraj unloaded Company’s shares for reported $0.46 million on Nov 11 ’24. In the deal valued at $91.75 per share,5,000 shares were sold. As a result of this transaction, Arora Yuvraj now holds 3,238 shares worth roughly $0.26 million.
Then, Arora Yuvraj bought 5,000 shares, generating $458,775 in total proceeds.
Before that, Strzelecki Angela sold 2,588 shares. International Flavors & Fragrances Inc shares valued at $247,560 were divested by the President, Pharma Solutions at a price of $95.66 per share. As a result of the transaction, Strzelecki Angela now holds 8,539 shares, worth roughly $0.69 million.
CFRA downgraded its International Flavors & Fragrances Inc [IFF] rating to a Sell from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Argus’s analysts, who increased its forecast for the stock in early January from “a Hold” to “a Buy”. Morgan Stanley also remained covering IFF and has increased its forecast on November 12, 2024 with a “an Overweight” recommendation from previously “an Equal-weight” rating. BofA Securities revised its rating on November 08, 2024. It rated IFF as “a Buy” which previously was an “a Neutral”.
Price Performance Review of IFF
On Tuesday, International Flavors & Fragrances Inc [NYSE:IFF] saw its stock jump 0.84% to $80.28. Over the last five days, the stock has lost -7.14%. International Flavors & Fragrances Inc shares have fallen nearly -5.05% since the year began. Nevertheless, the stocks have risen 1.03% over the past one year. While a 52-week high of $106.77 was reached on 01/27/25, a 52-week low of $72.94 was recorded on 02/20/25. SMA at 50 days reached $84.74, while 200 days put it at $94.51.
Levels Of Support And Resistance For IFF Stock
The 24-hour chart illustrates a support level at 79.54, which if violated will result in even more drops to 78.80. On the upside, there is a resistance level at 80.98. A further resistance level may holdings at 81.68. The Relative Strength Index (RSI) on the 14-day chart is 34.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.67, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.98%. Stochastics %K at 12.46% indicates the stock is a buying.
