Ibotta Inc (NYSE: IBTA) is -7.44% lower on its value in year-to-date trading and has touched a low of $31.40 and a high of $108.65 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 $50.13 in the last trading session, with the day’s gains setting it 10.11%.
Currently trading at $60.24, the stock is 22.97% and 33.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.51 million and changing 20.17% at the moment leaves the stock 0.63% off its SMA200. IBTA registered -42.61% loss for a year compared to 6-month loss of -20.35%.
The stock witnessed a 31.90% gain in the last 1 month and extending the period to 3 months gives it a -18.25%, and is 26.08% up 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 5.87% over the week and 4.54% over the month.
Ibotta Inc (IBTA) has around 886 employees, a market worth around $1.78B and $369.50M in sales. Current P/E ratio is 34.67 and Fwd P/E is 30.80. Profit margin for the company is 16.24%. Distance from 52-week low is 91.85% and -44.56% from its 52-week high. The company has generated returns on investments over the last 12 months (14.09%).
The EPS is expected to shrink by -56.15% this year
The shares outstanding are 29.52M, and float is at 12.04M with Short Float at 18.14%.
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 VANGUARD GROUP INC which holds 0.65 million shares representing 2.1181 and valued at over $48.73 million, while GGV CAPITAL LLC holds 2.0642 of the shares totaling 0.63 million with a market value of $47.49 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).
