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 $1.85 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 $1.65 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 Tuesday, Idacorp, Inc [NYSE:IDA] saw its stock jump 0.43% to $113.27. Over the last five days, the stock has lost -1.62%. Idacorp, Inc shares have risen nearly 3.65% since the year began. Nevertheless, the stocks have risen 23.52% 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.
Levels Of Support And Resistance For IDA Stock
The 24-hour chart illustrates a support level at 111.80, which if violated will result in even more drops to 110.32. On the upside, there is a resistance level at 114.07. A further resistance level may holdings at 114.86.
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.
