Tenet Healthcare Corp’s filing revealed that 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 $3.27 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 $1.44 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 -0.18% to $119.51. Over the last five days, the stock has lost -10.41%. Tenet Healthcare Corp shares have fallen nearly -5.32% since the year began. Nevertheless, the stocks have risen 16.96% 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 04/07/25. SMA at 50 days reached $131.43, while 200 days put it at $143.36.
Levels Of Support And Resistance For THC Stock
The 24-hour chart illustrates a support level at 115.77, which if violated will result in even more drops to 112.03. On the upside, there is a resistance level at 125.44. A further resistance level may holdings at 131.38. The Relative Strength Index (RSI) on the 14-day chart is 38.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -9.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.13%. Stochastics %K at 18.13% indicates the stock is a buying.
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.
