Ardent Health Partners Inc’s recently made public that its Director Webb Robert Thomas acquired Company’s shares for reported $0.34 million on Nov 08 ’24. In the deal valued at $16.98 per share,20,000 shares were bought. As a result of this transaction, Webb Robert Thomas now holds 40,275 shares worth roughly $0.57 million.
A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early November from “a Buy” to “a Neutral”. KeyBanc Capital Markets began covering ARDT with “an Overweight” recommendation on October 11, 2024. Truist started covering the stock on August 12, 2024. It rated ARDT as “a Buy”.
Price Performance Review of ARDT
On Friday, Ardent Health Partners Inc [NYSE:ARDT] saw its stock jump 1.51% to $14.11. Over the last five days, the stock has lost -4.47%. Ardent Health Partners Inc shares have fallen nearly -17.39% since the year began.
Levels Of Support And Resistance For ARDT Stock
The 24-hour chart illustrates a support level at 13.84, which if violated will result in even more drops to 13.57. On the upside, there is a resistance level at 14.34. A further resistance level may holdings at 14.57. The Relative Strength Index (RSI) on the 14-day chart is 41.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.35%. Stochastics %K at 25.33% indicates the stock is a holding.
The most recent change occurred on August 12, 2024 when Stephens began covering the stock and recommended ‘”an Overweight”‘ rating along with a $24 price target.
