The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Abbott Laboratories shares valued at $12,199,967 were purchased by Lisa D. Earnhardt on Mar 06 ’25. At $133.82 per share, Lisa D. Earnhardt acquired 91,167 shares.
Also, Wainer Andrea F sold 949 shares, netting a total of over 131,123 in proceeds. Following the sale of shares at $138.17 each, the insider now holds 74,381 shares.
Before that, Shroff Eric had sold 562 shares from its account. In a trade valued at $77,652, the Senior Vice President traded Abbott Laboratories shares for $138.17 each. Upon closing the transaction, the insider’s holdings decreased to 562 shares, worth approximately $4.32 million.
As published in their initiating research note from Oppenheimer on October 08, 2024, Abbott Laboratories [ABT] has been an Outperform and the price target has been revised to $130. Analysts at Piper Sandler started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid September. As of July 30, 2024, Edward Jones has decreased its “Buy” rating to a “Hold” for ABT. Earlier on May 30, 2024, Goldman initiated its rating. Their recommendation was “a Buy” for ABT stock.
Analyzing ABT Stock Performance
During the last five days, there has been a drop of approximately -0.58%. Over the course of the year, Abbott Laboratories shares have jumped approximately 19.42%. Shares of the company reached a 52-week high of $141.23 on 03/04/25 and a 52-week low of $110.86 on 01/15/25. A 50-day SMA is recorded $124.66, while a 200-day SMA reached $114.35.
Support And Resistance Levels for Abbott Laboratories (ABT)
According to the 24-hour chart, there is a support level at 133.12, which, if violated, would cause prices to drop to 131.16. In the upper region, resistance lies at 137.38. The next price resistance is at 139.67. RSI (Relative Strength Index) is 58.88 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.63, which suggests the price will increase in the coming days. Percent R is at 47.38%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
