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Insider Buying: GRAY STEVEN D, Infinity Natural Resources Inc [INR] Director invested 15,000 shares

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Infinity Natural Resources Inc shares valued at $300,000 were purchased by GRAY STEVEN D on Feb 03 ’25. At $20.00 per share, GRAY STEVEN D acquired 15,000 shares. The insider’s holdings grew to 15,000 shares worth approximately $0.24 million following the completion of this transaction.

Also, Poole David P purchased 12,500 shares, netting a total of over 250,000 in proceeds. Following the buying of shares at $20.00 each, the insider now holds 12,500 shares.

Before that, Gieselman Scott had added 50,000 shares to its account. In a trade valued at $1,000,000, the Director bought Infinity Natural Resources Inc shares for $20.00 each. Upon closing the transaction, the insider’s holdings increased to 50,000 shares, worth approximately $0.81 million.

As published in their initiating research note from Truist on February 28, 2025, Infinity Natural Resources Inc [INR] has been a Buy and the price target has been revised to $26. Analysts at Citigroup started covering the stock with ‘”a Buy”‘ outlook in a report released in late February. As of February 26, 2025, CapitalOne has initiated its “an Overweight” rating for INR. Earlier on February 25, 2025, Stephens initiated its rating. Their recommendation was “an Overweight” for INR stock.

Analyzing INR Stock Performance

During the last five days, there has been a surge of approximately 4.26%. Over the course of the year, Infinity Natural Resources Inc shares have dropped approximately -23.35%.

Support And Resistance Levels for Infinity Natural Resources Inc (INR)

According to the 24-hour chart, there is a support level at 15.73, which, if violated, would cause prices to drop to 15.31. In the upper region, resistance lies at 16.36. The next price resistance is at 16.57. RSI (Relative Strength Index) is 45.51 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.55, which suggests the price will decrease in the coming days. Percent R is at 53.52%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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