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Selling Buzz: Abbott Laboratories [ABT] EVP AND GROUP PRESIDENT Earnhardt Lisa D sells 91,167 shares of the company

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Abbott Laboratories shares valued at $12,199,968 were sold by Earnhardt Lisa D on Mar 06 ’25. At $133.82 per share, Earnhardt Lisa D sold 91,167 shares. The insider’s holdings dropped to 71,928 shares worth approximately $9.34 million following the completion of this transaction.

Also, Earnhardt Lisa D sold 200 shares, netting a total of over 27,329 in proceeds. Following the sale of shares at $136.65 each, the insider now holds 71,928 shares.

Before that, Lisa D. Earnhardt had added 200 shares to its account. In a trade valued at $27,329, the Officer bought Abbott Laboratories shares for $136.65 each.

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 -3.84%. Over the course of the year, Abbott Laboratories shares have jumped approximately 14.84%. 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 $126.53, while a 200-day SMA reached $115.09.

Support And Resistance Levels for Abbott Laboratories (ABT)

According to the 24-hour chart, there is a support level at 128.98, which, if violated, would cause prices to drop to 128.06. In the upper region, resistance lies at 130.83. The next price resistance is at 131.76. RSI (Relative Strength Index) is 44.05 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.67, which suggests the price will decrease in the coming days. Percent R is at 92.72%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.

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