Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Tenet Healthcare Corp shares valued at $742,653 were sold by KERREY J ROBERT on May 09 ’25. At $148.50 per share, KERREY J ROBERT sold 5,001 shares. The insider’s holdings dropped to 22,377 shares worth approximately $3.57 million following the completion of this transaction.
Also, KERREY J ROBERT purchased 5,001 shares, netting a total of over 742,664 in proceeds.
Before that, KERREY J ROBERT had sold 9,525 shares from its account. In a trade valued at $1,194,752, the Director traded Tenet Healthcare Corp shares for $125.43 each. Upon closing the transaction, the insider’s holdings decreased to 9,525 shares, worth approximately $4.37 million.
As published in a research note from Robert W. Baird on April 15, 2025, Tenet Healthcare Corp [THC] has been rated down from an Outperform to a Neutral and the price target has been revised to $137. Analysts at Morgan Stanley started covering the stock with ‘”an Overweight”‘ outlook in a report released in late March. As of February 26, 2025, TD Cowen has initiated its “Buy” rating for THC.
Analyzing THC Stock Performance
During the last five days, there has been a surge of approximately 4.76%. Over the course of the year, Tenet Healthcare Corp shares have jumped approximately 26.41%. Shares of the company reached a 52-week high of $161.55 on 05/12/25 and a 52-week low of $109.82 on 04/21/25. A 50-day SMA is recorded $131.36, while a 200-day SMA reached $143.33.
Support And Resistance Levels for Tenet Healthcare Corp (THC)
According to the 24-hour chart, there is a support level at 157.24, which, if violated, would cause prices to drop to 154.91. In the upper region, resistance lies at 161.34. The next price resistance is at 163.11. RSI (Relative Strength Index) is 72.33 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 11.34, which suggests the price will increase in the coming days. Percent R is at 4.85%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
