Ibotta Inc (NYSE: IBTA) is -39.21% lower on its value in year-to-date trading and has touched a low of $31.40 and a high of $117.59 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IBTA stock was last observed hovering at around $40.74 in the last trading session, with the day’s loss setting it -1.18%.
Currently trading at $39.56, the stock is -8.07% and -34.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing -2.90% at the moment leaves the stock -39.03% off its SMA200. IBTA registered a gain of -34.52% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $60.3086 and a 200-day simple moving average (SMA200) of $64.8855.
The stock witnessed a -44.68% loss in the last 1 month and extending the period to 3 months gives it a -46.81%, and is -1.20% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.30% over the week and 7.82% over the month.
Ibotta Inc (IBTA) has around 886 employees, a market worth around $1.23B and $367.25M in sales. Current P/E ratio is 19.53 and Fwd P/E is 19.70. Profit margin for the company is 18.72%. Distance from 52-week low is 25.99% and -66.36% from its 52-week high. The company has generated returns on investments over the last 12 months (15.03%).
The EPS is expected to shrink by -51.17% this year
166.0 institutions hold shares in Ibotta Inc (IBTA), with institutional investors hold 109.14% of the company’s shares. The shares outstanding are 27.81M, and float is at 12.82M with Short Float at 13.06%. Institutions hold 49.62% of the Float.
The top institutional shareholder in the company is KOCH INDUSTRIES INC with over 4.39 million shares valued at $329.89 million. The investor’s holdings represent 14.3387 of the IBTA Shares outstanding. As of 2024-06-30, the second largest holder is D. E. SHAW & CO., INC. with 2.62 million shares valued at $197.25 million to account for 8.5737 of the shares outstanding. The other top investors are GGV CAPITAL LLC which holds 0.63 million shares representing 2.0642 and valued at over $47.49 million, while BAMCO INC /NY/ holds 1.6893 of the shares totaling 0.52 million with a market value of $38.87 million.
Ibotta Inc (IBTA) Insider Activity
The most recent transaction is an insider sale by D. E. SHAW & CO, L.P., the company’s 10% Owner. SEC filings show that D. E. SHAW & CO, L.P. sold 90,366 shares of the company’s common stock on Mar 03 ’25 at a price of $33.36 per share for a total of $3.01 million. Following the sale, the insider now owns 0.67 million shares.
Ibotta Inc disclosed in a document filed with the SEC on Mar 03 ’25 that Daspit Marisa (CHIEF PEOPLE OFFICER) sold a total of 1,243 shares of the company’s common stock. The trade occurred on Mar 03 ’25 and was made at $33.66 per share for $41839.0. Following the transaction, the insider now directly holds 58719.0 shares of the IBTA stock.
Still, SEC filings show that on Mar 03 ’25, Daspit Marisa (Officer) Proposed Sale 1,243 shares at an average price of $33.66 for $41839.0. The insider now directly holds shares of Ibotta Inc (IBTA).
