Ivanhoe Electric (NYSEAMERICAN:IE) VP Stephani Terhorst Sells 6,233 Shares

Ivanhoe Electric Inc. (NYSEAMERICAN:IE) VP Stephani Terhorst sold 6,233 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $13.20, for a total transaction of $82,275.60. Following the completion of the transaction, the vice president directly owned 12,466 shares in the company, valued at $164,551.20. This trade represents a 33.33% 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 Price Performance

IE stock opened at $13.28 on Tuesday. The business has a 50 day simple moving average of $16.93 and a 200-day simple moving average of $14.27. The firm has a market capitalization of $2.09 billion, a PE ratio of -16.81 and a beta of 0.97. Ivanhoe Electric Inc. has a 1 year low of $4.50 and a 1 year high of $21.55.

More Ivanhoe Electric News

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

• Negative Sentiment: Several senior insiders — including the CFO (Jordan Neeser), SVP (Glen Kuntz), a VP (Graham Boyd), another VP (Stephani Terhorst), the CEO (Joseph Melvin) and an insider Cassandra Pulskamp Joseph — sold a combined ~60,838 shares for roughly $803,000 at about $13.20 per share on March 6. The sales reduced multiple officers’ stakes (several by double-digit percentages). SEC filing (example)
• Negative Sentiment: Specific insider filings: Graham Richard Thomas Boyd sold 11,147 shares for $147,140.40 (SEC filing). SEC filing
• Negative Sentiment: Cassandra Pulskamp Joseph sold 4,664 shares for $61,564.80 (SEC filing). SEC filing
• Negative Sentiment: CEO Joseph Taylor Melvin sold 6,808 shares for $89,865.60 (SEC filing). SEC filing
• Negative Sentiment: VP Stephani Terhorst sold 6,233 shares for $82,275.60 — a ~33% reduction in her holding (SEC filing). SEC filing
• Negative Sentiment: CFO Jordan Neeser sold 17,123 shares for $226,023.60, reducing his stake by ~16.9% (SEC filing). SEC filing
• Negative Sentiment: SVP Glen Nickolas Kuntz sold 14,863 shares for $196,191.60, cutting his position by ~31% (SEC filing). SEC filing
• Negative Sentiment: Traders bought a large volume of put options on IE, indicating increased hedging or bearish bets in the options market. This can amplify downside pressure if it reflects broader short interest or hedging flows. American Banking News article

Analyst Upgrades and Downgrades

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

Institutional Trading of Ivanhoe Electric

Hedge funds and other institutional investors have recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Ivanhoe Electric by 3.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 27,657 shares of the company’s stock valued at $441,000 after buying an additional 957 shares during the period. Invesco Ltd. increased its stake in Ivanhoe Electric by 3.8% during the second quarter. Invesco Ltd. now owns 33,674 shares of the company’s stock worth $305,000 after acquiring an additional 1,247 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its position in Ivanhoe Electric by 1.3% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 119,248 shares of the company’s stock valued at $1,924,000 after purchasing an additional 1,536 shares during the period. Teacher Retirement System of Texas lifted its stake in shares of Ivanhoe Electric by 13.9% in the 2nd quarter. Teacher Retirement System of Texas now owns 13,033 shares of the company’s stock valued at $118,000 after purchasing an additional 1,587 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in shares of Ivanhoe Electric by 43.6% during the 2nd quarter. BNP Paribas Financial Markets now owns 8,063 shares of the company’s stock worth $73,000 after purchasing an additional 2,449 shares during the period. Institutional investors and hedge funds own 79.05% of the company’s stock.

About Ivanhoe Electric

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.