Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Ibotta Inc shares valued at $10,823 were sold by Donahue Richard I. on Feb 14 ’25. At $75.16 per share, Donahue Richard I. sold 144 shares. The insider’s holdings dropped to 214,966 shares worth approximately $7.31 million following the completion of this transaction.
Also, Donahue Richard I. purchased 144 shares, netting a total of over 10,823 in proceeds.
Before that, Donahue Richard I. had sold 3,256 shares from its account. In a trade valued at $244,253, the CHIEF MARKETING OFFICER traded Ibotta Inc shares for $75.02 each. Upon closing the transaction, the insider’s holdings decreased to 3,256 shares, worth approximately $7.31 million.
As published in a research note from Raymond James on February 27, 2025, Ibotta Inc [IBTA] has been rated down from an Outperform to a Mkt perform. Analysts at Citigroup downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late February. As of February 27, 2025, BofA Securities has decreased its “Buy” rating to a “Neutral” for IBTA. Earlier on November 14, 2024, UBS downgraded its rating. Their new recommendation was “a Neutral” for IBTA stock which previously was a “a Buy”.
Analyzing IBTA Stock Performance
During the last five days, there has been a drop of approximately -50.45%. Over the course of the year, Ibotta Inc shares have dropped approximately -47.74%. A 50-day SMA is recorded $68.84, while a 200-day SMA reached $69.89. Nevertheless, trading volume fell to 4.03 million shares from 0.8 million shares the previous day.
Support And Resistance Levels for Ibotta Inc (IBTA)
According to the 24-hour chart, there is a support level at 31.46, which, if violated, would cause prices to drop to 28.92. In the upper region, resistance lies at 38.62. The next price resistance is at 43.24. RSI (Relative Strength Index) is 10.57 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -13.32, which suggests the price will decrease in the coming days. Percent R is at 98.85%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
