Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Tennant Co shares valued at $200,950 were sold by Arvani Azita on Feb 28 ’25. At $85.22 per share, Arvani Azita sold 2,358 shares. The insider’s holdings dropped to 15,238 shares worth approximately $1.07 million following the completion of this transaction.
Also, Balinski Barb sold 1,717 shares, netting a total of over 148,383 in proceeds. Following the sale of shares at $86.42 each, the insider now holds 11,829 shares.
Before that, Arvani Azita had added 2,358 shares to its account. In a trade valued at $200,950, the Director bought Tennant Co shares for $85.22 each.
As published in their initiating research note from Northcoast on December 19, 2024, Tennant Co [TNC] has been a Buy and the price target has been revised to $125. Analysts at CL King started covering the stock with ‘”a Buy”‘ outlook in a report released in late December. As of November 01, 2023, CJS Securities has increased its “Market perform” rating to a “Market outperform” for TNC. Earlier on January 15, 2020, Dougherty & Company initiated its rating. Their recommendation was “a Buy” for TNC stock.
Analyzing TNC Stock Performance
During the last five days, there has been a drop of approximately -1.62%. Over the course of the year, Tennant Co shares have dropped approximately -14.15%. Shares of the company reached a 52-week high of $90.44 on 02/19/25 and a 52-week low of $67.80 on 04/09/25. A 50-day SMA is recorded $81.79, while a 200-day SMA reached $89.04.
Support And Resistance Levels for Tennant Co (TNC)
According to the 24-hour chart, there is a support level at 69.28, which, if violated, would cause prices to drop to 68.57. In the upper region, resistance lies at 70.90. The next price resistance is at 71.81. RSI (Relative Strength Index) is 30.48 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.27, which suggests the price will decrease in the coming days. Percent R is at 83.80%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
