Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Inotiv Inc shares valued at $5,416 were sold by Freeman Jeffrey Brennan on Feb 18 ’25. At $4.04 per share, Freeman Jeffrey Brennan sold 1,339 shares. The insider’s holdings dropped to 27,478 shares worth approximately $95073.88 following the completion of this transaction.
Also, Taylor Beth sold 4,370 shares, netting a total of over 17,507 in proceeds. Following the sale of shares at $4.01 each, the insider now holds 108,368 shares.
Before that, Sagartz John E had sold 2,113 shares from its account. In a trade valued at $8,316, the Chief Strategy Officer traded Inotiv Inc shares for $3.94 each. Upon closing the transaction, the insider’s holdings decreased to 2,113 shares, worth approximately $2.45 million.
As published in a research note from Jefferies on May 14, 2024, Inotiv Inc [NOTV] has been rated down from a Buy to a Hold and the price target has been revised to $3.75 from $11.50. Analysts at Jefferies upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early February. As of July 20, 2023, Wells Fargo has initiated its “an Overweight” rating for NOTV. Earlier on January 19, 2023, Jefferies downgraded its rating. Their new recommendation was “a Hold” for NOTV stock which previously was a “a Buy”.
Analyzing NOTV Stock Performance
During the last five days, there has been a drop of approximately -18.59%. Over the course of the year, Inotiv Inc shares have dropped approximately -16.43%. Shares of the company reached a 52-week high of $5.67 on 01/06/25 and a 52-week low of $3.46 on 02/27/25. A 50-day SMA is recorded $4.32, while a 200-day SMA reached $2.65.
Support And Resistance Levels for Inotiv Inc (NOTV)
According to the 24-hour chart, there is a support level at 3.32, which, if violated, would cause prices to drop to 3.18. In the upper region, resistance lies at 3.74. The next price resistance is at 4.02. RSI (Relative Strength Index) is 39.03 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.16, which suggests the price will decrease in the coming days. Percent R is at 100.00%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
