In a filing, Independence Realty Trust Inc revealed its Director Gebert Richard D unloaded Company’s shares for reported $8790.0 on Jul 01 ’25. In the deal valued at $17.58 per share,500 shares were sold. As a result of this transaction, Gebert Richard D now holds 42,372 shares worth roughly $0.75 million.
Then, Gebert Richard D sold 500 shares, generating $9,200 in total proceeds. Upon selling the shares at $18.40, the Director now owns 42,872 shares.
Before that, Gebert Richard D sold 500 shares. Independence Realty Trust Inc shares valued at $9,505 were divested by the Director at a price of $19.01 per share. As a result of the transaction, Gebert Richard D now holds 38,194 shares, worth roughly $0.67 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 0.06% to $17.61. Over the last five days, the stock has lost -0.45%. Independence Realty Trust Inc shares have fallen nearly -4.30% since the year began. Nevertheless, the stocks have fallen -11.24% 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 17.45, which if violated will result in even more drops to 17.29. On the upside, there is a resistance level at 17.77. A further resistance level may holdings at 17.94.
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 2025-06-13, growing by 0.32 million shares to a total of 18.61 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 18.3 million shares. There was a rise of 1.71%, which implies that there is a positive 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.
