Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Innovative Industrial Properties Inc shares valued at $536,109 were sold by Stecher David on Mar 03 ’25. At $70.55 per share, Stecher David sold 7,599 shares. The insider’s holdings dropped to 1,346 shares worth approximately $97490.78000000001 following the completion of this transaction.
Also, Stecher David purchased 7,599 shares, netting a total of over 550,928 in proceeds.
As published in a research note from BTIG Research on December 23, 2024, Innovative Industrial Properties Inc [IIPR] has been rated down from a Buy to a Neutral. Analysts at Piper Sandler downgraded the stock from ‘”a Neutral”‘ to ‘”an Underweight”‘ outlook in a report released in mid December. As of December 20, 2024, Compass Point has decreased its “Buy” rating to a “Neutral” for IIPR. Earlier on December 17, 2024, Alliance Global Partners initiated its rating. Their recommendation was “a Buy” for IIPR stock.
Analyzing IIPR Stock Performance
During the last five days, there has been a drop of approximately -0.47%. Over the course of the year, Innovative Industrial Properties Inc shares have jumped approximately 8.69%. Shares of the company reached a 52-week high of $75.71 on 02/14/25 and a 52-week low of $62.45 on 01/13/25. A 50-day SMA is recorded $70.83, while a 200-day SMA reached $106.05.
Support And Resistance Levels for Innovative Industrial Properties Inc (IIPR)
According to the 24-hour chart, there is a support level at 71.24, which, if violated, would cause prices to drop to 70.06. In the upper region, resistance lies at 73.37. The next price resistance is at 74.32. RSI (Relative Strength Index) is 48.37 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.59, which suggests the price will decrease in the coming days. Percent R is at 45.69%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
