Abbott Laboratories’s recently made public that its EVP AND GROUP PRESIDENT Earnhardt Lisa D unloaded Company’s shares for reported $12.2 million on Mar 06 ’25. In the deal valued at $133.82 per share,91,167 shares were sold. As a result of this transaction, Earnhardt Lisa D now holds 71,928 shares worth roughly $9.41 million.
Then, Earnhardt Lisa D sold 200 shares, generating $27,329 in total proceeds. Upon selling the shares at $136.65, the EVP AND GROUP PRESIDENT now owns 71,928 shares.
Before that, Lisa D. Earnhardt bought 200 shares. Abbott Laboratories shares valued at $27,329 were divested by the Officer at a price of $136.65 per share.
Oppenheimer initiated its Abbott Laboratories [ABT] rating to an Outperform in a research note published on October 08, 2024; the price target was $130. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in mid September with a ‘”an Overweight”‘ rating. Edward Jones also remained covering ABT and has decreased its forecast on July 30, 2024 with a “Hold” recommendation from previously “Buy” rating. Goldman started covering the stock on May 30, 2024. It rated ABT as “a Buy”.
Price Performance Review of ABT
On Friday, Abbott Laboratories [NYSE:ABT] saw its stock fall -0.40% to $130.82. Over the last five days, the stock has gained 3.55%. Abbott Laboratories shares have risen nearly 15.66% since the year began. Nevertheless, the stocks have risen 17.33% over the past one year. While a 52-week high of $141.23 was reached on 03/04/25, a 52-week low of $99.71 was recorded on 01/15/25. SMA at 50 days reached $129.72, while 200 days put it at $116.40.
Levels Of Support And Resistance For ABT Stock
The 24-hour chart illustrates a support level at 129.89, which if violated will result in even more drops to 128.97. On the upside, there is a resistance level at 132.60. A further resistance level may holdings at 134.39. The Relative Strength Index (RSI) on the 14-day chart is 52.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.34, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 49.68%. Stochastics %K at 37.16% indicates the stock is a holding.
How much short interest is there in Abbott Laboratories?
A steep rise in short interest was recorded in Abbott Laboratories stocks on 2025-03-14, dropping by -0.43 million shares to a total of 21.88 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 22.31 million shares. There was a decline of -1.99%, which implies that there is a negative sentiment for the stock.
