In a filing, Abbvie Inc revealed its Director GONZALEZ RICHARD A unloaded Company’s shares for reported $18.96 million on Feb 28 ’25. In the deal valued at $205.11 per share,92,460 shares were sold. As a result of this transaction, GONZALEZ RICHARD A now holds 395,097 shares worth roughly $85.6 million.
Then, GONZALEZ RICHARD A sold 6,168 shares, generating $1,298,549 in total proceeds. Upon selling the shares at $210.53, the Director now owns 388,929 shares.
Before that, Siatis Perry C sold 18,008 shares. Abbvie Inc shares valued at $3,781,680 were divested by the EVP, GC AND SECRETARY at a price of $210.00 per share. As a result of the transaction, Siatis Perry C now holds 4,619 shares, worth roughly $1.0 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 Monday, Abbvie Inc [NYSE:ABBV] saw its stock jump 1.11% to $216.66. Over the last five days, the stock has gained 2.45%. Abbvie Inc shares have risen nearly 21.92% since the year began. Nevertheless, the stocks have risen 19.66% over the past one year. While a 52-week high of $215.66 was reached on 03/10/25, a 52-week low of $153.58 was recorded on 01/22/25. SMA at 50 days reached $188.29, while 200 days put it at $183.52.
Levels Of Support And Resistance For ABBV Stock
The 24-hour chart illustrates a support level at 211.02, which if violated will result in even more drops to 205.38. On the upside, there is a resistance level at 220.48. A further resistance level may holdings at 224.30. The Relative Strength Index (RSI) on the 14-day chart is 78.20, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.89, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.83%. Stochastics %K at 88.68% indicates the stock is a selling.
