In a filing, Abbvie Inc revealed its EVP, GC AND SECRETARY Siatis Perry C unloaded Company’s shares for reported $1.14 million on Feb 20 ’25. In the deal valued at $197.90 per share,5,778 shares were sold. As a result of this transaction, Siatis Perry C now holds 22,381 shares worth roughly $4.57 million.
Then, PERRY C SIATIS bought 5,778 shares, generating $1,143,492 in total proceeds.
Before that, Buckbee Kevin K sold 1,800 shares. Abbvie Inc shares valued at $310,032 were divested by the SVP, CONTROLLER at a price of $172.24 per share. As a result of the transaction, Buckbee Kevin K now holds 6,983 shares, worth roughly $1.43 million.
A number of analysts have revised their coverage, including Daiwa Securities’s analysts, who decreased its forecast for the stock in early December from “an Outperform” to “a Neutral”. Leerink Partners also remained covering ABBV and has increased its forecast on November 22, 2024 with a “an Outperform” recommendation from previously “Market perform” rating. Wolfe Research started covering the stock on November 15, 2024. It rated ABBV as “an Outperform”.
Price Performance Review of ABBV
On Tuesday, Abbvie Inc [NYSE:ABBV] saw its stock jump 0.03% to $204.14. Over the last five days, the stock has gained 4.02%. Abbvie Inc shares have risen nearly 14.88% since the year began. Nevertheless, the stocks have risen 15.50% over the past one year. While a 52-week high of $207.32 was reached on 02/25/25, a 52-week low of $153.58 was recorded on 01/22/25. SMA at 50 days reached $181.83, while 200 days put it at $181.39.
Levels Of Support And Resistance For ABBV Stock
The 24-hour chart illustrates a support level at 202.32, which if violated will result in even more drops to 200.51. On the upside, there is a resistance level at 205.98. A further resistance level may holdings at 207.83. The Relative Strength Index (RSI) on the 14-day chart is 78.97, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.61, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.54%. Stochastics %K at 91.03% indicates the stock is a selling.
