In a filing, Installed Building Products Inc revealed its Director Jackson Janet E. unloaded Company’s shares for reported $0.45 million on May 20 ’24. In the deal valued at $211.65 per share,2,122 shares were sold. As a result of this transaction, Jackson Janet E. now holds 7,046 shares worth roughly $1.21 million.
Deutsche Bank initiated its Installed Building Products Inc [IBP] rating to a Hold in a research note published on April 01, 2025; the price target was $183. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in mid December from “an Outperform” to “an Underperform”. Seaport Research Partners also remained covering IBP and has decreased its forecast on December 13, 2024 with a “Neutral” recommendation from previously “Buy” rating. RBC Capital Mkts revised its rating on November 08, 2024. It rated IBP as “an Underperform” which previously was an “a Sector perform”.
Price Performance Review of IBP
On Tuesday, Installed Building Products Inc [NYSE:IBP] saw its stock jump 2.44% to $171.20. Over the last five days, the stock has gained 3.40%. Installed Building Products Inc shares have fallen nearly -1.32% since the year began. Nevertheless, the stocks have fallen -26.96% over the past one year. While a 52-week high of $278.21 was reached on 01/27/25, a 52-week low of $151.27 was recorded on 04/21/25. SMA at 50 days reached $169.02, while 200 days put it at $200.70.
Levels Of Support And Resistance For IBP Stock
The 24-hour chart illustrates a support level at 168.15, which if violated will result in even more drops to 165.09. On the upside, there is a resistance level at 174.36. A further resistance level may holdings at 177.52. The Relative Strength Index (RSI) on the 14-day chart is 54.76, 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 bullish at 29.41%. Stochastics %K at 51.57% indicates the stock is a holding.
The most recent change occurred on March 05, 2024 when DA Davidson began covering the stock and recommended ‘”a Buy”‘ rating along with a $275 price target.
