Wells Fargo Upgrades iRhythm Technologies Inc (IRTC) to an Overweight from an Equal weight

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iRhythm Technologies Inc’s recent filing unveils that its EVP, CMO & CSO Turakhia Minang unloaded Company’s shares for reported $0.21 million on Jul 02 ’25. In the deal valued at $145.41 per share,1,420 shares were sold. As a result of this transaction, Turakhia Minang now holds 41,393 shares worth roughly $5.57 million.

Then, Wilson Daniel G. sold 3,000 shares, generating $450,000 in total proceeds. Upon selling the shares at $150.00, the Chief Financial Officer now owns 40,307 shares.

Before that, Patterson Chad sold 936 shares. iRhythm Technologies Inc shares valued at $140,400 were divested by the Chief Commercial Officer at a price of $150.00 per share. As a result of the transaction, Patterson Chad now holds 48,929 shares, worth roughly $6.59 million.

Wells Fargo upgraded its iRhythm Technologies Inc [IRTC] rating to an Overweight from a an Equal weight in a research note published recently. Goldman began covering IRTC with “Neutral” recommendation on October 04, 2024. Wolfe Research revised its rating on June 20, 2024. It rated IRTC as “an Outperform” which previously was an “a Peer perform”.

Price Performance Review of IRTC

On Tuesday, iRhythm Technologies Inc [NASDAQ:IRTC] saw its stock fall -3.30% to $134.63. Over the last five days, the stock has lost -12.56%. iRhythm Technologies Inc shares have risen nearly 39.14% since the year began. Nevertheless, the stocks have risen 49.31% over the past one year. While a 52-week high of $157.13 was reached on 06/30/25, a 52-week low of $55.92 was recorded on 01/02/25.

Levels Of Support And Resistance For IRTC Stock

The 24-hour chart illustrates a support level at 132.28, which if violated will result in even more drops to 129.92. On the upside, there is a resistance level at 138.49. A further resistance level may holdings at 142.34.

How much short interest is there in iRhythm Technologies Inc?

A steep rise in short interest was recorded in iRhythm Technologies Inc stocks on 2025-06-13, dropping by -0.11 million shares to a total of 2.58 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 2.69 million shares. There was a decline of -4.29%, which implies that there is a negative sentiment for the stock.

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