Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Inogen Inc shares valued at $24,960 were purchased by Bourque Michael J. on Mar 03 ’25. At $8.32 per share, Bourque Michael J. acquired 3,000 shares. The insider’s holdings grew to 47,646 shares worth approximately $0.38 million following the completion of this transaction.
Also, Smith Kevin Raymond Merrill purchased 11,709 shares, netting a total of over 100,245 in proceeds. Following the buying of shares at $8.56 each, the insider now holds 70,274 shares.
Before that, JASON SOMER had added 4,690 shares to its account. In a trade valued at $56,423, the Officer bought Inogen Inc shares for $12.03 each.
As published in a research note from William Blair on February 15, 2024, Inogen Inc [INGN] has been rated up from a Mkt perform to an Outperform. Analysts at JP Morgan downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in early August. As of July 14, 2023, Needham has decreased its “Buy” rating to a “Hold” for INGN. Earlier on January 17, 2023, William Blair downgraded its rating. Their new recommendation was “a Mkt perform” for INGN stock which previously was a “an Outperform”.
Analyzing INGN Stock Performance
During the last five days, there has been a drop of approximately -4.72%. Over the course of the year, Inogen Inc shares have dropped approximately -14.07%. Shares of the company reached a 52-week high of $12.91 on 01/30/25 and a 52-week low of $7.32 on 03/10/25. A 50-day SMA is recorded $9.96, while a 200-day SMA reached $9.72.
Support And Resistance Levels for Inogen Inc (INGN)
According to the 24-hour chart, there is a support level at 7.57, which, if violated, would cause prices to drop to 7.26. In the upper region, resistance lies at 8.20. The next price resistance is at 8.52. RSI (Relative Strength Index) is 34.72 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.66, which suggests the price will decrease in the coming days. Percent R is at 87.78%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
