New insider activity at Inotiv ( (NOTV) ) has taken place on February 5, 2025.
Recent financial disclosures reveal that key executives at Inotiv have sold significant portions of their stock holdings. CHRO Jeffrey Arthur Krupp divested 2,508 shares, generating proceeds of $11,094. Meanwhile, President & CEO Robert Jr. Leasure executed a larger transaction, unloading 22,700 shares for a total of $94,205. Such insider trading activities often attract attention and speculation about the company’s future performance.
Recent Updates on NOTV stock
Inotiv’s stock developments have been influenced by a recent recommendation from the Convention of International Trade in Endangered Species to suspend trade with Cambodia, which could potentially impact the global supply of non-human primates. However, analysts believe that this will have minimal impact on Inotiv by FY25, viewing it as a net neutral or even a net positive due to the stability of contracted business and potential upside in the spot market business. Additionally, Inotiv’s financial activities, including the pricing of 6 million shares at $4.25 in a public offering, and challenges such as financial turmoil and debt pressures, have contributed to the market’s perception. Despite these challenges, analysts maintain a positive outlook on Inotiv’s stock.
More about Inotiv
YTD Price Performance: 5.73%
Average Trading Volume: 955,848
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $149.4M