Innoviva Inc’s recently made public that its 10% Owner DENNER ALEXANDER J unloaded Company’s shares for reported $20.96 million on Mar 06 ’25. In the deal valued at $17.52 per share,1,196,746 shares were sold. As a result of this transaction, DENNER ALEXANDER J now holds 5,658,705 shares worth roughly $106.21 million.
Then, DENNER ALEXANDER J sold 270,374 shares, generating $4,766,126 in total proceeds. Upon selling the shares at $17.63, the 10% Owner now owns 6,855,451 shares.
Before that, DENNER ALEXANDER J sold 151,175 shares. Innoviva Inc shares valued at $2,665,079 were divested by the 10% Owner at a price of $17.63 per share. As a result of the transaction, DENNER ALEXANDER J now holds 7,125,825 shares, worth roughly $133.75 million.
Cantor Fitzgerald initiated its Innoviva Inc [INVA] rating to an Overweight in a research note published on July 11, 2025; the price target was $26. A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in early March with a ‘”a Sector outperform”‘ rating. Cantor Fitzgerald began covering INVA with “an Overweight” recommendation on June 18, 2024. Goldman started covering the stock on July 20, 2022. It rated INVA as “a Neutral”.
Price Performance Review of INVA
On Friday, Innoviva Inc [NASDAQ:INVA] saw its stock fall -1.52% to $18.77. Over the last five days, the stock has lost -2.29%. Innoviva Inc shares have risen nearly 13.07% since the year began. Nevertheless, the stocks have risen 8.18% over the past one year. While a 52-week high of $22.00 was reached on 06/16/25, a 52-week low of $16.67 was recorded on 04/10/25.
Levels Of Support And Resistance For INVA Stock
The 24-hour chart illustrates a support level at 18.55, which if violated will result in even more drops to 18.32. On the upside, there is a resistance level at 19.20. A further resistance level may holdings at 19.62.
How much short interest is there in Innoviva Inc?
A steep rise in short interest was recorded in Innoviva Inc stocks on 2025-06-13, growing by 0.95 million shares to a total of 9.65 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 8.7 million shares. There was a rise of 9.85%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 20, 2017 when Deutsche Bank began covering the stock and recommended ‘”a Hold”‘ rating along with a $13 price target.
