Independence Realty Trust Inc’s recent filing unveils 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 $0.76 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 $15.58 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 fall -0.78% to $17.84. Over the last five days, the stock has lost -4.03%. Independence Realty Trust Inc shares have fallen nearly -10.08% since the year began. Nevertheless, the stocks have risen 3.40% over the past one year. While a 52-week high of $22.10 was reached on 02/28/25, a 52-week low of $17.10 was recorded on 04/09/25.
Levels Of Support And Resistance For IRT Stock
The 24-hour chart illustrates a support level at 17.73, which if violated will result in even more drops to 17.62. On the upside, there is a resistance level at 17.96. A further resistance level may holdings at 18.08.
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.
