In a filing, Independence Realty Trust Inc revealed its Director Gebert Richard D unloaded Company’s shares for reported $9505.0 on May 01 ’25. In the deal valued at $19.01 per share,500 shares were sold. As a result of this transaction, Gebert Richard D now holds 38,194 shares worth roughly $0.72 million.
Then, SCHAEFFER SCOTT sold 10,000 shares, generating $212,100 in total proceeds. Upon selling the shares at $21.21, the Chair Board and CEO now owns 873,365 shares.
Before that, Gebert Richard D sold 500 shares. Independence Realty Trust Inc shares valued at $10,640 were divested by the Director at a price of $21.28 per share. As a result of the transaction, Gebert Richard D now holds 38,694 shares, worth roughly $0.73 million.
Compass Point downgraded its Independence Realty Trust Inc [IRT] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in early April with a ‘”a Buy”‘ rating. Wells Fargo began covering IRT with “an Overweight” recommendation on March 19, 2025. Jefferies revised its rating on March 10, 2025. It rated IRT as “a Buy” which previously was an “a Hold”.
Price Performance Review of IRT
On Tuesday, Independence Realty Trust Inc [NYSE:IRT] saw its stock fall -2.02% to $18.92. Over the last five days, the stock has lost -2.37%. Independence Realty Trust Inc shares have fallen nearly -4.64% since the year began. Nevertheless, the stocks have risen 14.27% over the past one year. While a 52-week high of $22.10 was reached on 02/28/25, a 52-week low of $15.32 was recorded on 04/09/25. SMA at 50 days reached $19.94, while 200 days put it at $20.08.
Levels Of Support And Resistance For IRT Stock
The 24-hour chart illustrates a support level at 18.71, which if violated will result in even more drops to 18.51. On the upside, there is a resistance level at 19.22. A further resistance level may holdings at 19.53. The Relative Strength Index (RSI) on the 14-day chart is 41.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.01%. Stochastics %K at 32.77% indicates the stock is a holding.
The most recent change occurred on December 17, 2024 when Barclays began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $23 price target.
