TechnipFMC plc’s recent filing unveils that its Director de Carvalho Filho Eleazar acquired Company’s shares for reported $0.28 million on Mar 24 ’25. In the deal valued at $29.76 per share,9,381 shares were bought.
Then, Landes Jonathan sold 141,427 shares, generating $3,630,433 in total proceeds. Upon selling the shares at $25.67, the President, Subsea now owns 91,481 shares.
Before that, Rounce Justin sold 444,862 shares. TechnipFMC plc shares valued at $11,656,039 were divested by the EVP & Chief Technology Officer at a price of $26.20 per share. As a result of the transaction, Rounce Justin now holds 140,207 shares, worth roughly $4.18 million.
Piper Sandler initiated its TechnipFMC plc [FTI] rating to an Overweight in a research note published on December 19, 2024; the price target was $39. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in mid December with a ‘”a Buy”‘ rating. Jefferies also remained covering FTI and has increased its forecast on December 06, 2024 with a “Buy” recommendation from previously “Hold” rating. RBC Capital Mkts started covering the stock on November 18, 2024. It rated FTI as “an Outperform”.
Price Performance Review of FTI
On Monday, TechnipFMC plc [NYSE:FTI] saw its stock jump 1.63% to $29.84. Over the last five days, the stock has gained 5.55%. TechnipFMC plc shares have risen nearly 3.11% since the year began. Nevertheless, the stocks have risen 19.94% over the past one year. While a 52-week high of $33.45 was reached on 01/10/25, a 52-week low of $22.99 was recorded on 03/10/25. SMA at 50 days reached $29.73, while 200 days put it at $27.92.
Levels Of Support And Resistance For FTI Stock
The 24-hour chart illustrates a support level at 29.52, which if violated will result in even more drops to 29.21. On the upside, there is a resistance level at 30.06. A further resistance level may holdings at 30.29. The Relative Strength Index (RSI) on the 14-day chart is 59.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.03, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.43%. Stochastics %K at 94.54% indicates the stock is a selling.
How much short interest is there in TechnipFMC plc?
A steep rise in short interest was recorded in TechnipFMC plc stocks on 2025-02-28, growing by 0.68 million shares to a total of 8.07 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 7.4 million shares. There was a rise of 8.37%, which implies that there is a positive sentiment for the stock.
