Idacorp, Inc’s recently made public that its SVP of Public Affairs Malmen Jeffrey L unloaded Company’s shares for reported $0.56 million on May 13 ’25. In the deal valued at $111.31 per share,5,000 shares were sold. As a result of this transaction, Malmen Jeffrey L now holds 16,346 shares worth roughly $1.89 million.
Then, Malmen Jeffrey L bought 5,000 shares, generating $561,000 in total proceeds.
Before that, Richins Adam J sold 1,500 shares. Idacorp, Inc shares valued at $170,929 were divested by the SVP and COO (IPC) at a price of $113.95 per share. As a result of the transaction, Richins Adam J now holds 14,611 shares, worth roughly $1.69 million.
Jefferies upgraded its Idacorp, Inc [IDA] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Guggenheim’s analysts, who increased its forecast for the stock in late January from “a Neutral” to “a Buy”. BofA Securities also remained covering IDA and has increased its forecast on November 05, 2024 with a “Buy” recommendation from previously “Neutral” rating. Mizuho revised its rating on November 01, 2024. It rated IDA as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of IDA
On Monday, Idacorp, Inc [NYSE:IDA] saw its stock jump 0.47% to $115.68. Over the last five days, the stock has lost -1.32%. Idacorp, Inc shares have risen nearly 5.86% since the year began. Nevertheless, the stocks have risen 23.84% over the past one year. While a 52-week high of $120.84 was reached on 04/03/25, a 52-week low of $90.64 was recorded on 01/13/25. SMA at 50 days reached $116.24, while 200 days put it at $111.11.
Levels Of Support And Resistance For IDA Stock
The 24-hour chart illustrates a support level at 114.18, which if violated will result in even more drops to 112.67. On the upside, there is a resistance level at 116.60. A further resistance level may holdings at 117.51. The Relative Strength Index (RSI) on the 14-day chart is 49.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.17%. Stochastics %K at 23.87% indicates the stock is a holding.
How much short interest is there in Idacorp, Inc?
A steep rise in short interest was recorded in Idacorp, Inc stocks on 2025-05-15, growing by 1.39 million shares to a total of 2.98 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 1.59 million shares. There was a rise of 46.62%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 20, 2024 when Jefferies began covering the stock and recommended ‘”a Hold”‘ rating along with a $110 price target.
