Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Independence Realty Trust Inc shares valued at $212,100 were sold by SCHAEFFER SCOTT on Apr 01 ’25. At $21.21 per share, SCHAEFFER SCOTT sold 10,000 shares. The insider’s holdings dropped to 873,365 shares worth approximately $16.97 million following the completion of this transaction.
Also, Gebert Richard D sold 500 shares, netting a total of over 10,640 in proceeds. Following the sale of shares at $21.28 each, the insider now holds 38,694 shares.
Before that, SCHAEFFER SCOTT had added 10,000 shares to its account. In a trade valued at $212,147, the Officer bought Independence Realty Trust Inc shares for $21.21 each.
As published in their initiating research note from UBS on April 07, 2025, Independence Realty Trust Inc [IRT] has been a Buy and the price target has been revised to $24. Analysts at Wells Fargo started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid March. As of March 10, 2025, Jefferies has increased its “Hold” rating to a “Buy” for IRT. Earlier on December 17, 2024, Barclays initiated its rating. Their recommendation was “an Equal weight” for IRT stock.
Analyzing IRT Stock Performance
During the last five days, there has been a drop of approximately -0.82%. Over the course of the year, Independence Realty Trust Inc shares have dropped approximately -2.07%. Shares of the company reached a 52-week high of $21.86 on 02/28/25 and a 52-week low of $17.10 on 04/09/25. A 50-day SMA is recorded $20.25, while a 200-day SMA reached $20.06.
Support And Resistance Levels for Independence Realty Trust Inc (IRT)
According to the 24-hour chart, there is a support level at 19.12, which, if violated, would cause prices to drop to 18.80. In the upper region, resistance lies at 19.63. The next price resistance is at 19.82. RSI (Relative Strength Index) is 47.76 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.37, which suggests the price will decrease in the coming days. Percent R is at 21.52%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
