Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Inotiv Inc shares valued at $12,916 were sold by Coelho Mary Theresa on Apr 01 ’25. At $2.35 per share, Coelho Mary Theresa sold 5,500 shares. The insider’s holdings dropped to 74,303 shares worth approximately $0.21 million following the completion of this transaction.
Also, Coelho Mary Theresa purchased 5,500 shares, netting a total of over 15,565 in proceeds.
Before that, Freeman Jeffrey Brennan had sold 1,339 shares from its account. In a trade valued at $5,416, the VP-Finance & Corp. Controller traded Inotiv Inc shares for $4.04 each. Upon closing the transaction, the insider’s holdings decreased to 1,339 shares, worth approximately $78861.86.
As published in a research note from Jefferies on May 14, 2024, Inotiv Inc [NOTV] has been rated down from a Buy to a Hold and the price target has been revised to $3.75 from $11.50. Analysts at Jefferies upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early February. As of July 20, 2023, Wells Fargo has initiated its “an Overweight” rating for NOTV. Earlier on January 19, 2023, Jefferies downgraded its rating. Their new recommendation was “a Hold” for NOTV stock which previously was a “a Buy”.
Analyzing NOTV Stock Performance
During the last five days, there has been a surge of approximately 26.43%. Over the course of the year, Inotiv Inc shares have dropped approximately -30.68%. Shares of the company reached a 52-week high of $5.67 on 01/06/25 and a 52-week low of $1.98 on 03/31/25. A 50-day SMA is recorded $3.42, while a 200-day SMA reached $2.72.
Support And Resistance Levels for Inotiv Inc (NOTV)
According to the 24-hour chart, there is a support level at 2.51, which, if violated, would cause prices to drop to 2.15. In the upper region, resistance lies at 3.06. The next price resistance is at 3.25. RSI (Relative Strength Index) is 49.96 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.20, which suggests the price will decrease in the coming days. Percent R is at 35.04%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
