iHeartMedia Inc’s recently made public that its Director SIVARAMAKRISHNAN KAMAKSHI acquired Company’s shares for reported $498.0 on Feb 28 ’25. In the deal valued at $1.70 per share,292 shares were bought. As a result of this transaction, SIVARAMAKRISHNAN KAMAKSHI now holds 153 shares worth roughly $253.98.
Then, SIVARAMAKRISHNAN KAMAKSHI bought 197 shares, generating $347 in total proceeds. Upon buying the shares at $1.76, the Director now owns 336 shares.
Before that, SIVARAMAKRISHNAN KAMAKSHI bought 168 shares. iHeartMedia Inc shares valued at $284 were divested by the Director at a price of $1.69 per share. As a result of the transaction, SIVARAMAKRISHNAN KAMAKSHI now holds 321 shares, worth roughly $532.86.
BofA Securities upgraded its iHeartMedia Inc [IHRT] rating to a Neutral from a an Underperform in a research note published on November 12, 2024; the price target was increased to $3 from $1. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in late March from “a Neutral” to “an Underperform”. JP Morgan also remained covering IHRT and has decreased its forecast on March 01, 2023 with a “an Underweight” recommendation from previously “Neutral” rating. Barrington Research revised its rating on March 01, 2023. It rated IHRT as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of IHRT
On Friday, iHeartMedia Inc [NASDAQ:IHRT] saw its stock jump 3.75% to $1.66. Over the last five days, the stock has gained 10.67%. iHeartMedia Inc shares have fallen nearly -16.16% since the year began. Nevertheless, the stocks have risen 29.69% over the past one year. While a 52-week high of $2.84 was reached on 01/21/25, a 52-week low of $0.95 was recorded on 04/21/25.
Levels Of Support And Resistance For IHRT Stock
The 24-hour chart illustrates a support level at 1.5767, which if violated will result in even more drops to 1.4933. On the upside, there is a resistance level at 1.7167. A further resistance level may holdings at 1.7733.
How much short interest is there in iHeartMedia Inc?
A steep rise in short interest was recorded in iHeartMedia Inc stocks on 2025-05-30, dropping by -0.5 million shares to a total of 6.64 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 7.14 million shares. There was a decline of -7.55%, which implies that there is a negative sentiment for the stock.
