Tenet Healthcare Corp’s recently made public 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 $3.14 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 $1.38 million.
Robert W. Baird downgraded its Tenet Healthcare Corp [THC] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in late March with a ‘”an Overweight”‘ rating. TD Cowen began covering THC with “Buy” recommendation on February 26, 2025.
Price Performance Review of THC
On Tuesday, Tenet Healthcare Corp [NYSE:THC] saw its stock jump 3.87% to $114.68. Over the last five days, the stock has lost -8.19%. Tenet Healthcare Corp shares have fallen nearly -9.15% since the year began. Nevertheless, the stocks have risen 25.91% over the past one year. While a 52-week high of $171.20 was reached on 02/03/25, a 52-week low of $92.01 was recorded on 04/21/25. SMA at 50 days reached $127.81, while 200 days put it at $142.76.
Levels Of Support And Resistance For THC Stock
The 24-hour chart illustrates a support level at 112.30, which if violated will result in even more drops to 109.92. On the upside, there is a resistance level at 115.91. A further resistance level may holdings at 117.14. The Relative Strength Index (RSI) on the 14-day chart is 39.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.45%. Stochastics %K at 18.16% 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 2025-03-31, dropping by -1.01 million shares to a total of 2.43 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 3.44 million shares. There was a decline of -41.33%, which implies that there is a negative sentiment for the stock.
