Independence Realty Trust Inc’s filing revealed that its Director Gebert Richard D unloaded Company’s shares for reported $9200.0 on Jun 02 ’25. In the deal valued at $18.40 per share,500 shares were sold. As a result of this transaction, Gebert Richard D now holds 42,872 shares worth roughly $0.8 million.
Then, Gebert Richard D sold 500 shares, generating $9,505 in total proceeds. Upon selling the shares at $19.01, the Director now owns 38,194 shares.
Before that, SCHAEFFER SCOTT sold 10,000 shares. Independence Realty Trust Inc shares valued at $212,100 were divested by the Chair Board and CEO at a price of $21.21 per share. As a result of the transaction, SCHAEFFER SCOTT now holds 873,365 shares, worth roughly $16.24 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 jump 1.64% to $18.59. Over the last five days, the stock has gained 0.38%. Independence Realty Trust Inc shares have fallen nearly -6.30% since the year began. Nevertheless, the stocks have risen 9.55% over the past one year.
How much short interest is there in Independence Realty Trust Inc?
A steep rise in short interest was recorded in Independence Realty Trust Inc stocks on 2025-05-15, dropping by -0.2 million shares to a total of 18.3 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 18.5 million shares. There was a decline of -1.11%, which implies that there is a negative sentiment for the stock.
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.
