In a filing, Tenet Healthcare Corp revealed its Director KERREY J ROBERT unloaded Company’s shares for reported $1.19 million on Mar 11 ’25. In the deal valued at $125.43 per share,9,525 shares were sold. As a result of this transaction, KERREY J ROBERT now holds 27,378 shares worth roughly $3.43 million.
Then, KERREY J ROBERT bought 9,525 shares, generating $1,198,245 in total proceeds.
Before that, HANEY CECIL D sold 2,500 shares. Tenet Healthcare Corp shares valued at $310,650 were divested by the Director at a price of $124.26 per share. As a result of the transaction, HANEY CECIL D now holds 12,035 shares, worth roughly $1.51 million.
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 fall -2.09% to $125.33. Over the last five days, the stock has lost -0.86%. Tenet Healthcare Corp shares have fallen nearly -0.71% since the year began. Nevertheless, the stocks have risen 25.28% 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 $132.07, while 200 days put it at $143.88.
Levels Of Support And Resistance For THC Stock
The 24-hour chart illustrates a support level at 123.51, which if violated will result in even more drops to 121.69. On the upside, there is a resistance level at 128.06. A further resistance level may holdings at 130.80. The Relative Strength Index (RSI) on the 14-day chart is 45.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.11%. Stochastics %K at 40.90% indicates the stock is a holding.
How much short interest is there in Tenet Healthcare Corp?
A steep rise in short interest was recorded in Tenet Healthcare Corp stocks on 2025-02-28, growing by 0.47 million shares to a total of 3.44 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.97 million shares. There was a rise of 13.69%, which implies that there is a positive sentiment for the stock.
