Buying Buzz: iHeartMedia Inc [IHRT] Chairman and CEO PITTMAN ROBERT W acquires 117,371 shares of the company

Daniel Torres

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. iHeartMedia Inc shares valued at $256,972 were purchased by PITTMAN ROBERT W on Aug 14 ’25. At $2.19 per share, PITTMAN ROBERT W acquired 117,371 shares. The insider’s holdings grew to 4,558,760 shares worth approximately $17.23 million following the completion of this transaction.

Also, SIVARAMAKRISHNAN KAMAKSHI purchased 292 shares, netting a total of over 498 in proceeds. Following the buying of shares at $1.70 each, the insider now holds 153 shares.

Before that, SIVARAMAKRISHNAN KAMAKSHI had added 197 shares to its account. In a trade valued at $347, the Director bought iHeartMedia Inc shares for $1.76 each. Upon closing the transaction, the insider’s holdings increased to 197 shares, worth approximately $1270.08.

As published in a research note from Goldman on January 09, 2026, iHeartMedia Inc [IHRT] has been rated down from a Neutral to a Sell and the price target has been revised to $3.50. Analysts at BofA Securities upgraded the stock from ‘”an Underperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid November. As of March 28, 2023, BofA Securities has decreased its “Neutral” rating to a “an Underperform” for IHRT. Earlier on March 01, 2023, JP Morgan downgraded its rating. Their new recommendation was “an Underweight” for IHRT stock which previously was a “a Neutral”.

Analyzing IHRT Stock Performance

On last trading session, iHeartMedia Inc [NASDAQ: IHRT] plunged -3.32% to $3.78. The stock’s lowest price that day was $3.73, but it reached a high of $3.91 in the same session. During the last five days, there has been a drop of approximately -3.32%. Over the course of the year, iHeartMedia Inc shares have jumped approximately 91.88%.

Is iHeartMedia Inc subject to short interest?

Stocks of iHeartMedia Inc saw a sharp steep in short interest on 2025-12-31 dropping by 23608.0 shares to 5.99 million. Data from Yahoo Finance shows that the short interest on 2025-11-28 was 6.01 million shares. A decline of -0.39% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.98 of the overall float, the days-to-cover ratio (short ratio) decline to 4.98.

Which companies own the most shares of iHeartMedia Inc (IHRT)?

In terms of iHeartMedia Inc share price expectations, FactSet research, analysts set an average price target of 3.5 in the next 12 months, down nearly -10.49% from the previous closing price of $3.91. Analysts anticipate iHeartMedia Inc stock to reach 3.5 by 2026, with the lowest price target being 3.5. In spite of this, 1 analysts ranked iHeartMedia Inc stock as Buy at the end of 2026.

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