Tenet Healthcare Corp’s recently made public that its Director KERREY J ROBERT acquired Company’s shares for reported $1.2 million on Mar 11 ’25. In the deal valued at $125.80 per share,9,525 shares were bought.
Then, HANEY CECIL D sold 2,500 shares, generating $310,650 in total proceeds. Upon selling the shares at $124.26, the Director now owns 12,035 shares.
Before that, HANEY CECIL D bought 2,500 shares. Tenet Healthcare Corp shares valued at $310,650 were divested by the Director at a price of $124.26 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 jump 0.21% to $126.42. Over the last five days, the stock has gained 3.06%. Tenet Healthcare Corp shares have risen nearly 0.15% since the year began. Nevertheless, the stocks have risen 28.79% 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 $132.39, while 200 days put it at $144.06.
Levels Of Support And Resistance For THC Stock
The 24-hour chart illustrates a support level at 124.41, which if violated will result in even more drops to 122.41. On the upside, there is a resistance level at 127.87. A further resistance level may holdings at 129.33. The Relative Strength Index (RSI) on the 14-day chart is 42.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.38%. Stochastics %K at 45.84% indicates the stock is a holding.
