Insider Selling: Ibotta (NYSE:IBTA) CTO Sells $145,351.80 in Stock

Posted by Brian Himes on Aug 8th, 2026

Ibotta, Inc. (NYSE:IBTA – Get Free Report) CTO Luke Roy Swanson sold 5,940 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $24.47, for a total transaction of $145,351.80. Following the sale, the chief technology officer directly owned 483,964 shares in the company, valued at $11,842,599.08. This trade represents a 1.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Luke Roy Swanson also recently made the following trade(s):

On Wednesday, July 1st, Luke Roy Swanson sold 5,940 shares of Ibotta stock. The stock was sold at an average price of $35.14, for a total transaction of $208,731.60.
On Thursday, June 4th, Luke Roy Swanson sold 5,940 shares of Ibotta stock. The stock was sold at an average price of $32.98, for a total value of $195,901.20.

Ibotta Stock Performance

Shares of IBTA opened at $39.38 on Friday. The business’s fifty day moving average price is $31.57 and its two-hundred day moving average price is $29.25. The firm has a market capitalization of $795.48 million, a price-to-earnings ratio of -83.79 and a beta of -0.44. Ibotta, Inc. has a 52 week low of $19.10 and a 52 week high of $40.49.

Ibotta (NYSE:IBTA – Get Free Report) last released its earnings results on Wednesday, May 6th. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.21) by $0.45. Ibotta had a negative return on equity of 4.74% and a negative net margin of 3.21%.The company had revenue of $82.48 million during the quarter. During the same quarter in the previous year, the firm earned $0.02 EPS. The company’s revenue was down 2.5% compared to the same quarter last year. As a group, research analysts forecast that Ibotta, Inc. will post 0.24 EPS for the current year.

Hedge Funds Weigh In On Ibotta

Institutional investors and hedge funds have recently made changes to their positions in the company. Hsbc Holdings PLC raised its stake in Ibotta by 29.4% during the 4th quarter. Hsbc Holdings PLC now owns 993,977 shares of the company’s stock worth $22,210,000 after buying an additional 226,021 shares during the period. Renaissance Technologies LLC grew its stake in Ibotta by 17.7% in the first quarter. Renaissance Technologies LLC now owns 239,300 shares of the company’s stock valued at $7,172,000 after acquiring an additional 35,992 shares during the period. FourThought Financial Partners LLC bought a new stake in shares of Ibotta in the fourth quarter worth about $526,000. Bank of America Corp DE increased its holdings in shares of Ibotta by 17.8% in the first quarter. Bank of America Corp DE now owns 239,167 shares of the company’s stock worth $7,168,000 after acquiring an additional 36,223 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of Ibotta by 47,920.0% during the fourth quarter. Farther Finance Advisors LLC now owns 2,401 shares of the company’s stock worth $55,000 after purchasing an additional 2,396 shares during the period.

Wall Street Analyst Weigh In

IBTA has been the subject of several recent research reports. Evercore set a $42.00 price objective on Ibotta in a report on Tuesday. Wall Street Zen upgraded shares of Ibotta from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Needham & Company LLC reissued a “buy” rating and set a $45.00 price target on shares of Ibotta in a research note on Tuesday. Zacks Research upgraded shares of Ibotta from a “strong sell” rating to a “hold” rating in a report on Monday, June 8th. Finally, UBS Group raised their price objective on shares of Ibotta from $30.00 to $38.00 and gave the company a “neutral” rating in a research note on Wednesday. One research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $36.50.

Check Out Our Latest Report on IBTA

About Ibotta

(Get Free Report)

Ibotta (NYSE: IBTA) is a Denver‐based mobile commerce platform that connects consumers, retailers and brands through a unified cash-back rewards experience. Users access the Ibotta mobile app or browser extension to unlock rebates on everyday purchases, redeemable on groceries, retail goods, travel bookings and digital services. The platform integrates with major supermarket chains, big‐box retailers and online merchants, enabling shoppers to earn automatic cash-back both in physical stores and across e-commerce channels.

Founded in 2012 by co‐founder and CEO Bryan Leach, Ibotta has evolved from a simple rebate app into a comprehensive performance marketing partner for consumer goods companies.