Ibotta sees $470,342 in stock sales by James Clark

Ibotta, Inc. (NASDAQ:IBTA), a company with impressive gross profit margins of 85% and a market capitalization of $1.32 billion, recently witnessed significant stock sales by major stakeholder James H. Clark. According to a Form 4 filing with the Securities and Exchange Commission, Clark sold a total of 10,000 shares of Ibotta’s Class A Common Stock over two days, June 9 and June 10, 2025. The sales, executed at prices ranging from $46.4468 to $49.29 per share, amounted to a total value of $470,342.

The transactions were conducted through Monaco Partners, L.P., an entity controlled by the JHC Family 2016 Trust, of which Clark is a beneficiary. Following these sales, Clark’s indirect ownership of Ibotta shares stands at 485,241 shares.

These transactions highlight the ongoing adjustments in Clark’s holdings in Ibotta, providing investors with insights into the trading activities of significant shareholders. The stock has declined 39% over the past six months, and investors seeking deeper analysis can access comprehensive financial metrics and additional insights through InvestingPro’s detailed research reports.

In other recent news, Ibotta Inc. reported first-quarter earnings that exceeded expectations, leading to several analyst firms adjusting their price targets for the company. Needham raised its price target from $60 to $70, citing the company’s strategic shift in its advertising model and the promising initial results from this transition. Goldman Sachs also increased its price target to $65 from $50, maintaining a Buy rating and highlighting Ibotta’s strong revenue performance despite challenges in the digital advertising market. Evercore ISI lifted its price target to $65 from $56, noting Ibotta’s 3% year-over-year revenue increase and significant growth in its user base.

Citizens JMP reiterated a Market Outperform rating with a $58 target, emphasizing Ibotta’s effective demonstration of value to consumer packaged goods advertisers. The company’s first-quarter revenue exceeded consensus estimates by 3%, with EBITDA surpassing expectations by approximately 20%. In addition to these financial achievements, Ibotta announced the appointment of David Parisi and Chris Boyd as Senior Vice Presidents, aiming to enhance its sales and marketing strategies. These leadership changes come alongside the company’s ongoing efforts to expand its performance marketing capabilities and refine its advertising model.

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