Abbvie Inc’s recent filing unveils that its Officer Reents Scott T acquired Company’s shares for reported $3.75 million on Mar 14 ’25. In the deal valued at $212.35 per share,17,644 shares were bought.
Then, GONZALEZ RICHARD A sold 92,460 shares, generating $18,964,471 in total proceeds. Upon selling the shares at $205.11, the Director now owns 395,097 shares.
Before that, GONZALEZ RICHARD A sold 6,168 shares. Abbvie Inc shares valued at $1,298,549 were divested by the Director at a price of $210.53 per share. As a result of the transaction, GONZALEZ RICHARD A now holds 388,929 shares, worth roughly $82.36 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 Friday, Abbvie Inc [NYSE:ABBV] saw its stock jump 0.10% to $211.77. Over the last five days, the stock has lost -1.18%. Abbvie Inc shares have risen nearly 19.17% since the year began. Nevertheless, the stocks have risen 17.05% over the past one year. While a 52-week high of $218.66 was reached on 03/10/25, a 52-week low of $153.58 was recorded on 01/22/25. SMA at 50 days reached $191.00, while 200 days put it at $184.58.
Levels Of Support And Resistance For ABBV Stock
The 24-hour chart illustrates a support level at 209.10, which if violated will result in even more drops to 206.42. On the upside, there is a resistance level at 213.63. A further resistance level may holdings at 215.49. The Relative Strength Index (RSI) on the 14-day chart is 66.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.60, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 39.99%. Stochastics %K at 61.23% indicates the stock is a holding.
How much short interest is there in Abbvie Inc?
A steep rise in short interest was recorded in Abbvie Inc stocks on 2025-02-28, dropping by -0.43 million shares to a total of 18.51 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 18.93 million shares. There was a decline of -2.3%, which implies that there is a negative sentiment for the stock.
