Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Abbvie Inc shares valued at $12,359,504 were sold by Stewart Jeffrey Ryan on Mar 31 ’25. At $210.08 per share, Stewart Jeffrey Ryan sold 58,832 shares. The insider’s holdings dropped to 53,234 shares worth approximately $10.92 million following the completion of this transaction.
Also, Stewart Jeffrey Ryan purchased 58,832 shares, netting a total of over 12,359,897 in proceeds.
Before that, Reents Scott T had sold 17,644 shares from its account. In a trade valued at $3,746,527, the EVP, CHIEF FINANCIAL OFFICER traded Abbvie Inc shares for $212.34 each. Upon closing the transaction, the insider’s holdings decreased to 17,644 shares, worth approximately $2.38 million.
Analysts at Daiwa Securities downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in early December. As of November 22, 2024, Leerink Partners has increased its “Market perform” rating to a “an Outperform” for ABBV. Earlier on November 15, 2024, Wolfe Research initiated its rating. Their recommendation was “an Outperform” for ABBV stock.
Analyzing ABBV Stock Performance
During the last five days, there has been a surge of approximately 1.93%. Over the course of the year, Abbvie Inc shares have jumped approximately 15.47%. Shares of the company reached a 52-week high of $218.66 on 03/10/25 and a 52-week low of $168.06 on 01/22/25. A 50-day SMA is recorded $199.20, while a 200-day SMA reached $187.47.
Support And Resistance Levels for Abbvie Inc (ABBV)
According to the 24-hour chart, there is a support level at 201.28, which, if violated, would cause prices to drop to 197.36. In the upper region, resistance lies at 208.16. The next price resistance is at 211.13. RSI (Relative Strength Index) is 49.09 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.23, which suggests the price will decrease in the coming days. Percent R is at 54.23%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
