The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Immunovant Inc shares valued at $42,867 were sold by Macias William L. on Feb 19 ’25. At $20.86 per share, Macias William L. sold 2,055 shares. The insider’s holdings dropped to 357,353 shares worth approximately $6.94 million following the completion of this transaction.
Also, Barnett Eva Renee sold 2,814 shares, netting a total of over 58,700 in proceeds. Following the sale of shares at $20.86 each, the insider now holds 321,952 shares.
Before that, Salzmann Peter had sold 15,439 shares from its account. In a trade valued at $322,058, the Chief Executive Officer traded Immunovant Inc shares for $20.86 each. Upon closing the transaction, the insider’s holdings decreased to 15,439 shares, worth approximately $18.43 million.
As published in their initiating research note from Jefferies on March 03, 2025, Immunovant Inc [IMVT] has been a Hold and the price target has been revised to $20. Analysts at Wolfe Research downgraded the stock from ‘”an Outperform”‘ to ‘”a Peer perform”‘ outlook in a report released in early January. Earlier on October 09, 2024, Oppenheimer resumed its rating. Their recommendation was “an Outperform” for IMVT stock.
Analyzing IMVT Stock Performance
During the last five days, there has been a drop of approximately -3.29%. Over the course of the year, Immunovant Inc shares have dropped approximately -21.60%. Shares of the company reached a 52-week high of $25.79 on 01/02/25 and a 52-week low of $17.65 on 03/04/25. A 50-day SMA is recorded $22.27, while a 200-day SMA reached $27.15.
Support And Resistance Levels for Immunovant Inc (IMVT)
According to the 24-hour chart, there is a support level at 18.85, which, if violated, would cause prices to drop to 18.28. In the upper region, resistance lies at 19.77. The next price resistance is at 20.12. RSI (Relative Strength Index) is 41.58 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.29, which suggests the price will decrease in the coming days. Percent R is at 55.86%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
