In a filing, Ingersoll-Rand Inc revealed its insider Schiesl Andrew R unloaded Company’s shares for reported $1.15 million on Feb 18 ’25. In the deal valued at $87.05 per share,13,228 shares were sold. As a result of this transaction, Schiesl Andrew R now holds 30,846 shares worth roughly $2.1 million.
Then, Schiesl Andrew R bought 13,228 shares, generating $1,151,495 in total proceeds.
Before that, Scheske Michael J sold 2,531 shares. Ingersoll-Rand Inc shares valued at $246,621 were divested by the VP, Chief Accounting Officer at a price of $97.44 per share. As a result of the transaction, Scheske Michael J now holds 11,910 shares, worth roughly $0.81 million.
Stifel downgraded its Ingersoll-Rand Inc [IR] rating to a Hold from a a Buy in a research note published on November 18, 2024; the price target was decreased to $107 from $112. Morgan Stanley began covering IR with “an Equal-weight” recommendation on September 06, 2024.
Price Performance Review of IR
On Monday, Ingersoll-Rand Inc [NYSE:IR] saw its stock fall -2.53% to $67.94. Over the last five days, the stock has lost -15.11%. Ingersoll-Rand Inc shares have fallen nearly -24.89% since the year began. Nevertheless, the stocks have fallen -26.39% over the past one year. While a 52-week high of $106.03 was reached on 01/31/25, a 52-week low of $67.19 was recorded on 04/07/25. SMA at 50 days reached $84.70, while 200 days put it at $92.81.
Levels Of Support And Resistance For IR Stock
The 24-hour chart illustrates a support level at 65.05, which if violated will result in even more drops to 62.16. On the upside, there is a resistance level at 71.42. A further resistance level may holdings at 74.90. The Relative Strength Index (RSI) on the 14-day chart is 21.76, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.54, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.87%. Stochastics %K at 11.24% indicates the stock is a buying.
How much short interest is there in Ingersoll-Rand Inc?
A steep rise in short interest was recorded in Ingersoll-Rand Inc stocks on 2025-03-14, growing by 1.76 million shares to a total of 9.67 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 7.9 million shares. There was a rise of 18.22%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 12, 2024 when Exane BNP Paribas began covering the stock and recommended ‘”a Neutral”‘ rating along with a $92 price target.
