Incyte Corp’s recent filing unveils that its EVP & General Counsel Denton Sheila A. unloaded Company’s shares for reported $0.12 million on Jun 03 ’25. In the deal valued at $68.00 per share,1,795 shares were sold. As a result of this transaction, Denton Sheila A. now holds 26,504 shares worth roughly $1.85 million.
Then, SHEILA DENTON bought 1,795 shares, generating $122,060 in total proceeds.
Before that, Tray Thomas sold 963 shares. Incyte Corp shares valued at $63,279 were divested by the Principal Accounting Officer at a price of $65.71 per share. As a result of the transaction, Tray Thomas now holds 22,654 shares, worth roughly $1.58 million.
William Blair downgraded its Incyte Corp [INCY] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Guggenheim’s analysts, who decreased its forecast for the stock in mid March from “a Buy” to “a Neutral”. UBS began covering INCY with “Neutral” recommendation on December 17, 2024. BofA Securities revised its rating on October 29, 2024. It rated INCY as “a Buy” which previously was an “a Neutral”.
Price Performance Review of INCY
On Monday, Incyte Corp [NASDAQ:INCY] saw its stock jump 1.63% to $69.89. Over the last five days, the stock has gained 7.01%. Incyte Corp shares have risen nearly 1.19% since the year began. Nevertheless, the stocks have risen 18.40% over the past one year. While a 52-week high of $83.95 was reached on 02/07/25, a 52-week low of $53.56 was recorded on 04/09/25. SMA at 50 days reached $61.71, while 200 days put it at $67.58.
Levels Of Support And Resistance For INCY Stock
The 24-hour chart illustrates a support level at 68.68, which if violated will result in even more drops to 67.47. On the upside, there is a resistance level at 70.53. A further resistance level may holdings at 71.17. The Relative Strength Index (RSI) on the 14-day chart is 73.54, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.49, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.48%. Stochastics %K at 71.07% indicates the stock is a holding.
The most recent change occurred on October 01, 2024 when Wolfe Research began covering the stock and recommended ‘”an Outperform”‘ rating along with a $84 price target.
