The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Innoviva Inc shares valued at $20,964,237 were sold by DENNER ALEXANDER J on Mar 06 ’25. At $17.52 per share, DENNER ALEXANDER J sold 1,196,746 shares. The insider’s holdings dropped to 5,658,705 shares worth approximately $108.48 million following the completion of this transaction.
Also, DENNER ALEXANDER J sold 270,374 shares, netting a total of over 4,766,126 in proceeds. Following the sale of shares at $17.63 each, the insider now holds 6,855,451 shares.
Before that, DENNER ALEXANDER J had sold 151,175 shares from its account. In a trade valued at $2,665,079, the 10% Owner traded Innoviva Inc shares for $17.63 each. Upon closing the transaction, the insider’s holdings decreased to 151,175 shares, worth approximately $136.6 million.
As published in their initiating research note from Scotiabank on March 07, 2025, Innoviva Inc [INVA] has been a Sector outperform and the price target has been revised to $55. Analysts at Cantor Fitzgerald started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid June. As of July 20, 2022, Goldman has initiated its “Neutral” rating for INVA. Earlier on November 20, 2017, Deutsche Bank initiated its rating. Their recommendation was “a Hold” for INVA stock.
Analyzing INVA Stock Performance
On last trading session,, Innoviva Inc [NASDAQ: INVA] rose 0.58% to $19.17. The stock’s lowest price that day was $18.92, but it reached a high of $19.395 in the same session. During the last five days, there has been a drop of approximately -3.13%. Over the course of the year, Innoviva Inc shares have jumped approximately 17.18%. Shares of the company reached a 52-week high of $22.00 on 06/16/25 and a 52-week low of $16.67 on 04/10/25.
Support And Resistance Levels for Innoviva Inc (INVA)
According to the 24-hour chart, there is a support level at 18.93, which, if violated, would cause prices to drop to 18.68. In the upper region, resistance lies at 19.41. The next price resistance is at 19.64. RSI (Relative Strength Index) is 35.52 on the 14-day chart, showing neutral technical sentiment.
Is Innoviva Inc subject to short interest?
Stocks of Innoviva Inc saw a sharp rise in short interest on 2025-06-13 jumping by 0.95 million shares to 9.65 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 8.7 million shares. A jump of 9.85% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 10.42 of the overall float, the days-to-cover ratio (short ratio) jumped to 10.42.
Which companies own the most shares of Innoviva Inc (INVA)?
In terms of Innoviva Inc share price expectations, FactSet research, analysts set an average price target of 55 in the next 12 months, up nearly 188.56% from the previous closing price of $19.06. Analysts anticipate Innoviva Inc stock to reach 55 by 2025, with the lowest price target being 55. In spite of this, 2 analysts ranked Innoviva Inc stock as Buy at the end of 2025.
