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 $3.65 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 $1.61 million.
Morgan Stanley initiated its Tenet Healthcare Corp [THC] rating to an Overweight in a research note published on March 26, 2025; the price target was $165. A number of analysts have revised their coverage, including TD Cowen’s analysts, who began to cover the stock in late February with a ‘”a Buy”‘ rating. Goldman revised its rating on December 16, 2024. It rated THC as “a Neutral” which previously was an “a Buy”.
Price Performance Review of THC
On Tuesday, Tenet Healthcare Corp [NYSE:THC] saw its stock fall -0.82% to $133.40. Over the last five days, the stock has gained 2.00%. Tenet Healthcare Corp shares have risen nearly 5.68% since the year began. Nevertheless, the stocks have risen 26.91% 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 $132.47, while 200 days put it at $143.65.
Levels Of Support And Resistance For THC Stock
The 24-hour chart illustrates a support level at 132.18, which if violated will result in even more drops to 130.96. On the upside, there is a resistance level at 135.29. A further resistance level may holdings at 137.18. The Relative Strength Index (RSI) on the 14-day chart is 55.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.99, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 21.64%. Stochastics %K at 79.72% 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 2025-03-14, growing by 0.45 million shares to a total of 3.87 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 3.42 million shares. There was a rise of 11.54%, which implies that there is a positive sentiment for the stock.
