In a filing, Incyte Corp revealed its EVP & General Counsel Denton Sheila A. unloaded Company’s shares for reported $1.04 million on Feb 26 ’25. In the deal valued at $74.07 per share,14,069 shares were sold. As a result of this transaction, Denton Sheila A. now holds 25,848 shares worth roughly $1.82 million.
Then, SHEILA DENTON bought 14,069 shares, generating $1,042,138 in total proceeds.
Before that, Stein Steven H sold 12,352 shares. Incyte Corp shares valued at $897,867 were divested by the EVP & Chief Medical Officer at a price of $72.69 per share. As a result of the transaction, Stein Steven H now holds 66,967 shares, worth roughly $4.71 million.
UBS initiated its Incyte Corp [INCY] rating to a Neutral in a research note published on December 17, 2024; the price target was $77. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in late October from “a Neutral” to “a Buy”. Wolfe Research began covering INCY with “an Outperform” recommendation on October 01, 2024. Truist revised its rating on September 18, 2024. It rated INCY as “a Hold” which previously was an “a Buy”.
Price Performance Review of INCY
On Monday, Incyte Corp [NASDAQ:INCY] saw its stock fall -4.41% to $70.26. Over the last five days, the stock has lost -5.07%. Incyte Corp shares have risen nearly 1.72% since the year began. Nevertheless, the stocks have risen 17.14% over the past one year. While a 52-week high of $83.95 was reached on 02/07/25, a 52-week low of $50.35 was recorded on 02/12/25. SMA at 50 days reached $71.55, while 200 days put it at $67.16.
Levels Of Support And Resistance For INCY Stock
The 24-hour chart illustrates a support level at 68.78, which if violated will result in even more drops to 67.29. On the upside, there is a resistance level at 72.60. A further resistance level may holdings at 74.93. The Relative Strength Index (RSI) on the 14-day chart is 43.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.99%. Stochastics %K at 61.73% indicates the stock is a holding.
