i3 Verticals Inc’s filing revealed that its President STANFORD FREDERICK unloaded Company’s shares for reported $0.44 million on Nov 27 ’24. In the deal valued at $25.28 per share,17,577 shares were sold. As a result of this transaction, STANFORD FREDERICK now holds 0 shares worth roughly $0.0.
Then, STANFORD FREDERICK bought 17,577 shares, generating $446,064 in total proceeds.
Before that, DAILY GREGORY S bought 48,544 shares. i3 Verticals Inc shares valued at $1,141,269 were divested by the Chief Executive Officer at a price of $23.51 per share. As a result of the transaction, DAILY GREGORY S now holds 48,544 shares, worth roughly $1.2 million.
The Benchmark Company initiated its i3 Verticals Inc [IIIV] rating to a Buy in a research note published on February 23, 2024; the price target was $28. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who began to cover the stock in early December with a ‘”a Market perform”‘ rating. Berenberg began covering IIIV with “Buy” recommendation on July 11, 2023.
Price Performance Review of IIIV
On Friday, i3 Verticals Inc [NASDAQ:IIIV] saw its stock jump 0.77% to $24.77. Over the last five days, the stock has gained 5.81%. i3 Verticals Inc shares have risen nearly 7.51% since the year began. Nevertheless, the stocks have risen 10.98% over the past one year. While a 52-week high of $29.80 was reached on 02/10/25, a 52-week low of $18.75 was recorded on 01/13/25. SMA at 50 days reached $25.49, while 200 days put it at $23.32.
Levels Of Support And Resistance For IIIV Stock
The 24-hour chart illustrates a support level at 24.31, which if violated will result in even more drops to 23.86. On the upside, there is a resistance level at 25.03. A further resistance level may holdings at 25.29. The Relative Strength Index (RSI) on the 14-day chart is 47.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.29%. Stochastics %K at 53.16% indicates the stock is a holding.
How much short interest is there in i3 Verticals Inc?
A steep rise in short interest was recorded in i3 Verticals Inc stocks on 2025-02-28, growing by 92268.0 shares to a total of 1.0 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 0.91 million shares. There was a rise of 9.19%, which implies that there is a positive sentiment for the stock.
