Installed Building Products Inc’s filing revealed that its Executive VP & CFO Miller Michael Thomas acquired Company’s shares for reported $0.45 million on May 16 ’25. In the deal valued at $165.27 per share,2,750 shares were bought. As a result of this transaction, Miller Michael Thomas now holds 26,314 shares worth roughly $4.39 million.
Deutsche Bank initiated its Installed Building Products Inc [IBP] rating to a Hold in a research note published on April 01, 2025; the price target was $183. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in mid December from “an Outperform” to “an Underperform”. Seaport Research Partners also remained covering IBP and has decreased its forecast on December 13, 2024 with a “Neutral” recommendation from previously “Buy” rating. RBC Capital Mkts revised its rating on November 08, 2024. It rated IBP as “an Underperform” which previously was an “a Sector perform”.
Price Performance Review of IBP
On Monday, Installed Building Products Inc [NYSE:IBP] saw its stock jump 1.14% to $166.94. Over the last five days, the stock has lost -0.91%. Installed Building Products Inc shares have fallen nearly -3.77% since the year began. Nevertheless, the stocks have fallen -23.51% over the past one year. While a 52-week high of $278.21 was reached on 01/27/25, a 52-week low of $150.83 was recorded on 05/22/25.
Levels Of Support And Resistance For IBP Stock
The 24-hour chart illustrates a support level at 164.11, which if violated will result in even more drops to 161.27. On the upside, there is a resistance level at 169.64. A further resistance level may holdings at 172.33.
The most recent change occurred on March 05, 2024 when DA Davidson began covering the stock and recommended ‘”a Buy”‘ rating along with a $275 price target.
