Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. TechnipFMC plc shares valued at $279,179 were sold by de Carvalho Filho Eleazar on Mar 24 ’25. At $29.76 per share, de Carvalho Filho Eleazar sold 9,381 shares. The insider’s holdings dropped to 100,951 shares worth approximately $3.29 million following the completion of this transaction.
Also, de Carvalho Filho Eleazar purchased 9,381 shares, netting a total of over 279,221 in proceeds.
Before that, Landes Jonathan had sold 141,427 shares from its account. In a trade valued at $3,630,433, the President, Subsea traded TechnipFMC plc shares for $25.67 each. Upon closing the transaction, the insider’s holdings decreased to 141,427 shares, worth approximately $2.98 million.
As published in their initiating research note from Piper Sandler on December 19, 2024, TechnipFMC plc [FTI] has been an Overweight and the price target has been revised to $39. Analysts at Goldman started covering the stock with ‘”a Buy”‘ outlook in a report released in mid December. As of December 06, 2024, Jefferies has increased its “Hold” rating to a “Buy” for FTI. Earlier on November 18, 2024, RBC Capital Mkts initiated its rating. Their recommendation was “an Outperform” for FTI stock.
Analyzing FTI Stock Performance
During the last five days, there has been a surge of approximately 5.98%. Over the course of the year, TechnipFMC plc shares have jumped approximately 12.72%. Shares of the company reached a 52-week high of $33.45 on 01/10/25 and a 52-week low of $24.61 on 03/10/25. A 50-day SMA is recorded $29.60, while a 200-day SMA reached $28.17.
Support And Resistance Levels for TechnipFMC plc (FTI)
According to the 24-hour chart, there is a support level at 31.76, which, if violated, would cause prices to drop to 30.90. In the upper region, resistance lies at 33.19. The next price resistance is at 33.76. RSI (Relative Strength Index) is 72.59 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.09, which suggests the price will increase in the coming days. Percent R is at 4.30%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
