Glen Nickolas Kuntz Sells 14,863 Shares of Ivanhoe Electric (NYSEAMERICAN:IE) Stock

Ivanhoe Electric Inc. (NYSEAMERICAN:IE) SVP Glen Nickolas Kuntz sold 14,863 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $13.20, for a total value of $196,191.60. Following the completion of the transaction, the senior vice president owned 32,768 shares of the company’s stock, valued at approximately $432,537.60. This represents a 31.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Ivanhoe Electric Stock Up 4.4%

NYSEAMERICAN:IE opened at $13.86 on Wednesday. Ivanhoe Electric Inc. has a twelve month low of $4.50 and a twelve month high of $21.55. The firm has a market capitalization of $2.18 billion, a price-to-earnings ratio of -17.54 and a beta of 0.98. The stock’s 50 day moving average price is $16.89 and its two-hundred day moving average price is $14.30.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IE. Price T Rowe Associates Inc. MD increased its position in Ivanhoe Electric by 114.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 12,671,551 shares of the company’s stock worth $202,493,000 after buying an additional 6,761,857 shares during the period. Alyeska Investment Group L.P. boosted its position in shares of Ivanhoe Electric by 259.5% in the fourth quarter. Alyeska Investment Group L.P. now owns 7,552,332 shares of the company’s stock valued at $120,686,000 after acquiring an additional 5,451,646 shares during the period. Vanguard Group Inc. boosted its position in shares of Ivanhoe Electric by 24.4% in the fourth quarter. Vanguard Group Inc. now owns 6,579,446 shares of the company’s stock valued at $105,140,000 after acquiring an additional 1,290,175 shares during the period. State Street Corp grew its stake in shares of Ivanhoe Electric by 16.1% in the fourth quarter. State Street Corp now owns 6,451,563 shares of the company’s stock valued at $103,096,000 after acquiring an additional 895,102 shares in the last quarter. Finally, Kopernik Global Investors LLC grew its stake in shares of Ivanhoe Electric by 2.2% in the second quarter. Kopernik Global Investors LLC now owns 3,412,561 shares of the company’s stock valued at $30,952,000 after acquiring an additional 72,376 shares in the last quarter. 79.05% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. upped their price target on shares of Ivanhoe Electric from $18.00 to $22.00 and gave the stock an “overweight” rating in a research report on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $18.13.

More Ivanhoe Electric News

Here are the key news stories impacting Ivanhoe Electric this week:

• Positive Sentiment: Short interest fell ~14.6% in February to ~8.29M shares (≈6.0% of shares sold short), leaving a short-interest ratio of ~4.9 days — less immediate short-squeeze/short-pressure risk.
• Positive Sentiment: JPMorgan raised its price target to $22 and gave an “overweight” rating earlier this year — an analyst upgrade that supports bullish investor sentiment.
• Neutral Sentiment: Large institutional accumulation reported in recent quarters (Invesco, Wellington, Voloridge among others increased positions), increasing institutional ownership to roughly 79% — this can support liquidity and stability but also concentrates sell-side risk.
• Negative Sentiment: Cluster of insider sales on March 6: multiple senior officers sold a combined ~60,800 shares for roughly $800k at ~ $13.20 — including the CFO, SVP, CEO and several VPs. Significant insider selling can be read negatively by the market. Read More.
• Negative Sentiment: Specific insider trades: CFO Jordan Neeser sold 17,123 shares; SVP Glen Kuntz sold 14,863; VP Graham Boyd sold 11,147; CEO Joseph Melvin sold 6,808; VP Stephani Terhorst sold 6,233; Cassandra Pulskamp Joseph sold 4,664 (also disclosed earlier large February sales). These are material reductions in several officers’ holdings. Read More.
• Negative Sentiment: Options flow: a large volume of put purchases was reported, signaling increased hedging or outright bearish bets in the options market — this can amplify near-term downside if sustained. Read More.

Ivanhoe Electric Company Profile

Ivanhoe Electric (NYSEAMERICAN:IE) is a mineral exploration and project-development company focused on the discovery and advancement of battery-metal deposits. The company’s portfolio targets copper, nickel, silver, gold and zinc resources that support the growing demand for electrification and clean-energy technologies. Through systematic geological mapping, drilling and metallurgical testing, Ivanhoe Electric aims to delineate large-scale, strategically located mineral systems.

Headquartered in Greenwood Village, Colorado, Ivanhoe Electric has assembled a diversified land package across North America and Europe.