Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Innovex International Inc shares valued at $49,999 were purchased by Reed Kendal on Dec 13 ’24. At $13.28 per share, Reed Kendal acquired 3,765 shares. The insider’s holdings grew to 186,232 shares worth approximately $2.96 million following the completion of this transaction.
Also, Webster James C. sold 6,000 shares, netting a total of over 88,020 in proceeds. Following the sale of shares at $14.67 each, the insider now holds 56,735 shares.
Before that, Webster James C. had added 6,000 shares to its account. In a trade valued at $86,160, the Officer bought Innovex International Inc shares for $14.36 each.
As published in a research note from Tudor Pickering Holt & Co. on March 14, 2022, Innovex International Inc [INVX] has been rated down from a Buy to a Hold and the price target has been revised to $35 from $38. Analysts at Seaport Global Securities started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid July. As of April 01, 2021, BTIG Research has initiated its “Neutral” rating for INVX. Earlier on March 05, 2021, Barclays downgraded its rating. Their new recommendation was “an Underweight” for INVX stock which previously was a “an Equal weight”.
Analyzing INVX Stock Performance
During the last five days, there has been a surge of approximately 10.33%. Over the course of the year, Innovex International Inc shares have jumped approximately 13.89%. Shares of the company reached a 52-week high of $19.42 on 02/27/25 and a 52-week low of $13.18 on 04/09/25. A 50-day SMA is recorded $17.00, while a 200-day SMA reached $15.95.
Support And Resistance Levels for Innovex International Inc (INVX)
According to the 24-hour chart, there is a support level at 15.43, which, if violated, would cause prices to drop to 14.95. In the upper region, resistance lies at 16.31. The next price resistance is at 16.71. RSI (Relative Strength Index) is 47.45 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.22, which suggests the price will decrease in the coming days. Percent R is at 50.27%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
