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

Ivanhoe Electric Inc. (NYSEAMERICAN:IE) VP Stephani Terhorst sold 6,233 shares of Ivanhoe Electric 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 owned 12,466 shares of the company’s stock, valued at $164,551.20. This represents a 33.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Ivanhoe Electric Trading Up 4.4%

Shares of NYSEAMERICAN:IE opened at $13.86 on Wednesday. Ivanhoe Electric Inc. has a 52 week low of $4.50 and a 52 week high of $21.55. The company’s 50 day moving average is $16.89 and its two-hundred day moving average is $14.30. The company has a market cap of $2.18 billion, a PE ratio of -17.54 and a beta of 0.98.

Hedge Funds Weigh In On Ivanhoe Electric

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IE. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Ivanhoe Electric by 3.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 27,657 shares of the company’s stock valued at $441,000 after purchasing an additional 957 shares during the last quarter. Invesco Ltd. raised its holdings 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 purchasing an additional 1,247 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of Ivanhoe Electric by 1.3% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 119,248 shares of the company’s stock worth $1,924,000 after buying an additional 1,536 shares during the last quarter. Teacher Retirement System of Texas lifted its position in shares of Ivanhoe Electric by 13.9% during the 2nd quarter. Teacher Retirement System of Texas now owns 13,033 shares of the company’s stock worth $118,000 after buying an additional 1,587 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Ivanhoe Electric by 43.6% in the 2nd quarter. BNP Paribas Financial Markets now owns 8,063 shares of the company’s stock valued at $73,000 after buying an additional 2,449 shares in the last quarter. 79.05% of the stock is owned by institutional investors and hedge funds.

Ivanhoe Electric News Roundup

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.

Analysts Set New Price Targets

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

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.