International Paper Co’s recently made public that its Director SULLIVAN KATHRYN D unloaded Company’s shares for reported $35034.0 on Nov 29 ’24. In the deal valued at $58.39 per share,600 shares were sold. As a result of this transaction, SULLIVAN KATHRYN D now holds 37,145 shares worth roughly $1.76 million.
Then, SULLIVAN KATHRYN D bought 600 shares, generating $35,034 in total proceeds.
Before that, SULLIVAN KATHRYN D sold 600 shares. International Paper Co shares valued at $33,714 were divested by the Director at a price of $56.19 per share. As a result of the transaction, SULLIVAN KATHRYN D now holds 37,745 shares, worth roughly $1.79 million.
JP Morgan initiated its International Paper Co [IP] rating to an Overweight in a research note published on March 20, 2025; the price target was $59. Exane BNP Paribas revised its rating on November 13, 2024. It rated IP as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of IP
On Monday, International Paper Co [NYSE:IP] saw its stock jump 0.27% to $47.48. Over the last five days, the stock has gained 5.37%. International Paper Co shares have fallen nearly -11.78% since the year began. Nevertheless, the stocks have risen 37.90% over the past one year. While a 52-week high of $60.36 was reached on 01/24/25, a 52-week low of $33.28 was recorded on 04/09/25. SMA at 50 days reached $51.36, while 200 days put it at $51.51.
Levels Of Support And Resistance For IP Stock
The 24-hour chart illustrates a support level at 46.73, which if violated will result in even more drops to 45.99. On the upside, there is a resistance level at 48.44. A further resistance level may holdings at 49.41. The Relative Strength Index (RSI) on the 14-day chart is 45.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 33.91%. Stochastics %K at 66.20% indicates the stock is a holding.
How much short interest is there in International Paper Co?
A steep rise in short interest was recorded in International Paper Co stocks on 2025-04-15, dropping by -2.66 million shares to a total of 38.54 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 41.2 million shares. There was a decline of -6.89%, which implies that there is a negative sentiment for the stock.
