Janney Montgomery Scott LLC Invests $2.48 Million in Intrepid Potash, Inc $IPI

Posted by Francis Steltz on Jul 9th, 2026

Janney Montgomery Scott LLC acquired a new stake in Intrepid Potash, Inc (NYSE:IPI – Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 58,085 shares of the basic materials company’s stock, valued at approximately $2,484,000.

A number of other large investors also recently added to or reduced their stakes in IPI. EverSource Wealth Advisors LLC boosted its position in Intrepid Potash by 197.8% during the second quarter. EverSource Wealth Advisors LLC now owns 819 shares of the basic materials company’s stock valued at $29,000 after buying an additional 544 shares during the period. Signaturefd LLC lifted its stake in shares of Intrepid Potash by 668.1% in the 4th quarter. Signaturefd LLC now owns 914 shares of the basic materials company’s stock valued at $25,000 after acquiring an additional 795 shares during the last quarter. Tower Research Capital LLC TRC boosted its holdings in Intrepid Potash by 80.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,360 shares of the basic materials company’s stock valued at $49,000 after acquiring an additional 607 shares during the period. State of Wyoming bought a new position in Intrepid Potash during the 2nd quarter worth approximately $54,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Intrepid Potash in the 4th quarter worth approximately $44,000. Hedge funds and other institutional investors own 56.13% of the company’s stock.

Intrepid Potash Stock Down 0.6%

NYSE:IPI opened at $34.87 on Thursday. The firm’s fifty day simple moving average is $37.23 and its 200 day simple moving average is $36.19. The stock has a market cap of $468.29 million, a P/E ratio of 32.90 and a beta of 1.24. Intrepid Potash, Inc has a twelve month low of $22.55 and a twelve month high of $50.34.

Intrepid Potash (NYSE:IPI – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The basic materials company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.14. Intrepid Potash had a net margin of 4.68% and a return on equity of 4.53%. The company had revenue of $98.69 million for the quarter, compared to analysts’ expectations of $88.30 million. On average, analysts expect that Intrepid Potash, Inc will post 1.62 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on IPI. UBS Group raised their target price on shares of Intrepid Potash from $25.00 to $26.00 and gave the stock a “sell” rating in a report on Thursday, May 14th. Weiss Ratings raised shares of Intrepid Potash from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, May 22nd. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $26.00.

Read Our Latest Analysis on Intrepid Potash

Insiders Place Their Bets

In other Intrepid Potash news, Director Lori A. Lancaster sold 4,800 shares of the stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $45.24, for a total value of $217,152.00. Following the completion of the transaction, the director owned 10,540 shares in the company, valued at approximately $476,829.60. This represents a 31.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.30% of the stock is currently owned by insiders.

About Intrepid Potash

(Free Report)

Intrepid Potash, Inc is a leading U.S.-based producer and marketer of potash and related specialty fertilizer products. The company’s primary business centers on potassium chloride, a key nutrient used in agricultural applications to enhance crop yield and quality. In addition to potash, Intrepid Potash produces magnesium chloride and sodium chloride, which serve a variety of markets including de-icing, dust control and industrial chemical production.

Intrepid Potash operates through a combination of solution mining, solar evaporation and conventional underground mining techniques.