Tenet Healthcare Corp’s recently made public that its Director HANEY CECIL D acquired Company’s shares for reported $0.31 million on Mar 04 ’25. In the deal valued at $124.26 per share,2,500 shares were bought.
Then, Foo Lisa Y sold 4,000 shares, generating $623,744 in total proceeds. Upon selling the shares at $155.94, the EVP, Commercial Ops now owns 15,566 shares.
Before that, Foo Lisa Y bought 4,000 shares. Tenet Healthcare Corp shares valued at $623,727 were divested by the Officer at a price of $155.93 per share.
TD Cowen initiated its Tenet Healthcare Corp [THC] rating to a Buy in a research note published on February 26, 2025; the price target was $175. Goldman also remained covering THC and has decreased its forecast on December 16, 2024 with a “Neutral” recommendation from previously “Buy” rating. Wells Fargo revised its rating on November 25, 2024. It rated THC as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of THC
On Tuesday, Tenet Healthcare Corp [NYSE:THC] saw its stock fall -1.52% to $122.67. Over the last five days, the stock has lost -8.84%. Tenet Healthcare Corp shares have fallen nearly -2.82% since the year began. Nevertheless, the stocks have risen 31.90% over the past one year. While a 52-week high of $171.20 was reached on 02/03/25, a 52-week low of $90.03 was recorded on 02/28/25. SMA at 50 days reached $132.60, while 200 days put it at $144.16.
Levels Of Support And Resistance For THC Stock
The 24-hour chart illustrates a support level at 120.43, which if violated will result in even more drops to 118.19. On the upside, there is a resistance level at 124.98. A further resistance level may holdings at 127.29. The Relative Strength Index (RSI) on the 14-day chart is 35.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.93%. Stochastics %K at 29.61% indicates the stock is a holding.
