iHeartMedia Inc [IHRT] Investment Appeal on the Rise

In a filing, iHeartMedia Inc revealed its Director SIVARAMAKRISHNAN KAMAKSHI acquired Company’s shares for reported $498.0 on Feb 28 ’25. In the deal valued at $1.70 per share,292 shares were bought. As a result of this transaction, SIVARAMAKRISHNAN KAMAKSHI now holds 153 shares worth roughly $276.93.

Then, SIVARAMAKRISHNAN KAMAKSHI bought 197 shares, generating $347 in total proceeds. Upon buying the shares at $1.76, the Director now owns 336 shares.

Before that, SIVARAMAKRISHNAN KAMAKSHI bought 168 shares. iHeartMedia Inc shares valued at $284 were divested by the Director at a price of $1.69 per share. As a result of the transaction, SIVARAMAKRISHNAN KAMAKSHI now holds 321 shares, worth roughly $581.01.

BofA Securities upgraded its iHeartMedia Inc [IHRT] rating to a Neutral from a an Underperform in a research note published on November 12, 2024; the price target was increased to $3 from $1. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in late March from “a Neutral” to “an Underperform”. JP Morgan also remained covering IHRT and has decreased its forecast on March 01, 2023 with a “an Underweight” recommendation from previously “Neutral” rating. Barrington Research revised its rating on March 01, 2023. It rated IHRT as “a Mkt perform” which previously was an “an Outperform”.

Price Performance Review of IHRT

On Friday, iHeartMedia Inc [NASDAQ:IHRT] saw its stock fall -3.21% to $1.81. Over the last five days, the stock has lost -8.12%. iHeartMedia Inc shares have risen nearly 3.43% since the year began. Nevertheless, the stocks have fallen -8.59% over the past one year.

How much short interest is there in iHeartMedia Inc?

A steep rise in short interest was recorded in iHeartMedia Inc stocks on 2025-07-15, growing by 53056.0 shares to a total of 6.7 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 6.65 million shares. There was a rise of 0.79%, which implies that there is a positive sentiment for the stock.

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