Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Innovative Industrial Properties Inc shares valued at $536,109 were sold by Stecher David on Mar 03 ’25. At $70.55 per share, Stecher David sold 7,599 shares. The insider’s holdings dropped to 1,346 shares worth approximately $69467.06 following the completion of this transaction.
Also, Stecher David purchased 7,599 shares, netting a total of over 550,928 in proceeds.
As published in a research note from Compass Point on March 31, 2025, Innovative Industrial Properties Inc [IIPR] has been rated down from a Neutral to a Sell and the price target has been revised to $50 from $61. Analysts at BTIG Research downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late December. As of December 20, 2024, Piper Sandler has decreased its “Neutral” rating to a “an Underweight” for IIPR. Earlier on December 20, 2024, Compass Point downgraded its rating. Their new recommendation was “a Neutral” for IIPR stock which previously was a “a Buy”.
Analyzing IIPR Stock Performance
During the last five days, there has been a surge of approximately 5.98%. Over the course of the year, Innovative Industrial Properties Inc shares have dropped approximately -22.55%. Shares of the company reached a 52-week high of $75.71 on 02/14/25 and a 52-week low of $45.44 on 04/09/25. A 50-day SMA is recorded $65.15, while a 200-day SMA reached $98.55.
Support And Resistance Levels for Innovative Industrial Properties Inc (IIPR)
According to the 24-hour chart, there is a support level at 50.65, which, if violated, would cause prices to drop to 49.69. In the upper region, resistance lies at 52.53. The next price resistance is at 53.46. RSI (Relative Strength Index) is 37.06 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.85, which suggests the price will decrease in the coming days. Percent R is at 45.83%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
