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Taking a Closer Look At Incyte Corp (INCY) Following Its Recent Trade

Incyte Corp’s recently made public that its EVP & General Counsel Denton Sheila A. unloaded Company’s shares for reported $41924.0 on Mar 04 ’25. In the deal valued at $69.99 per share,599 shares were sold. As a result of this transaction, Denton Sheila A. now holds 25,848 shares worth roughly $1.84 million.

Then, SHEILA DENTON bought 599 shares, generating $41,924 in total proceeds.

Before that, Denton Sheila A. sold 14,069 shares. Incyte Corp shares valued at $1,042,136 were divested by the EVP & General Counsel at a price of $74.07 per share. As a result of the transaction, Denton Sheila A. now holds 25,848 shares, worth roughly $1.84 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 jump 0.48% to $71.13. Over the last five days, the stock has gained 1.24%. Incyte Corp shares have risen nearly 2.98% since the year began. Nevertheless, the stocks have risen 20.03% 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 $71.72, while 200 days put it at $67.49.

Levels Of Support And Resistance For INCY Stock

The 24-hour chart illustrates a support level at 69.96, which if violated will result in even more drops to 68.79. On the upside, there is a resistance level at 72.10. A further resistance level may holdings at 73.06. The Relative Strength Index (RSI) on the 14-day chart is 48.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.32%. Stochastics %K at 30.98% indicates the stock is a holding.

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