Incyte Corp’s recently made public that its Officer BARRY FLANNELLY acquired Company’s shares for reported $1.34 million on Mar 14 ’25. In the deal valued at $67.69 per share,19,807 shares were bought.
Then, Denton Sheila A. sold 599 shares, generating $41,924 in total proceeds. Upon selling the shares at $69.99, the EVP & General Counsel now owns 25,848 shares.
Before that, SHEILA DENTON bought 599 shares. Incyte Corp shares valued at $41,924 were divested by the Officer at a price of $69.99 per share.
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 -8.62% to $62.01. Over the last five days, the stock has lost -12.82%. Incyte Corp shares have fallen nearly -10.22% since the year began. Nevertheless, the stocks have risen 5.24% 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 03/17/25. SMA at 50 days reached $71.47, while 200 days put it at $67.72.
Levels Of Support And Resistance For INCY Stock
The 24-hour chart illustrates a support level at 59.49, which if violated will result in even more drops to 56.97. On the upside, there is a resistance level at 63.99. A further resistance level may holdings at 65.97. The Relative Strength Index (RSI) on the 14-day chart is 25.30, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.30%. Stochastics %K at 15.79% indicates the stock is a buying.
How much short interest is there in Incyte Corp?
A steep rise in short interest was recorded in Incyte Corp stocks on 2025-02-28, growing by 58604.0 shares to a total of 5.85 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 5.79 million shares. There was a rise of 1.0%, which implies that there is a positive sentiment for the stock.
