Abbott Laboratories’s filing revealed 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 $9.2 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 Monday, Abbott Laboratories [NYSE:ABT] saw its stock jump 0.85% to $127.96. Over the last five days, the stock has gained 2.48%. Abbott Laboratories shares have risen nearly 13.13% since the year began. Nevertheless, the stocks have risen 14.81% 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 $130.84, while 200 days put it at $117.68.
Levels Of Support And Resistance For ABT Stock
The 24-hour chart illustrates a support level at 127.03, which if violated will result in even more drops to 126.11. On the upside, there is a resistance level at 128.69. A further resistance level may holdings at 129.43. The Relative Strength Index (RSI) on the 14-day chart is 48.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.13%. Stochastics %K at 45.38% 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 2025-03-31, dropping by -1.14 million shares to a total of 21.79 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 22.93 million shares. There was a decline of -5.22%, which implies that there is a negative sentiment for the stock.
