Fortive Corp’s recently made public that its President and CEO LICO JAMES A unloaded Company’s shares for reported $12.67 million on May 15 ’25. In the deal valued at $72.40 per share,175,000 shares were sold. As a result of this transaction, LICO JAMES A now holds 428,585 shares worth roughly $31.37 million.
Then, LICO JAMES A bought 175,000 shares, generating $12,669,125 in total proceeds.
Before that, Underwood Peter C sold 14,327 shares. Fortive Corp shares valued at $1,058,479 were divested by the SVP – Chief Legal Officer at a price of $73.88 per share. As a result of the transaction, Underwood Peter C now holds 51,750 shares, worth roughly $3.79 million.
Exane BNP Paribas downgraded its Fortive Corp [FTV] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in early December from “a Buy” to “a Neutral”. Argus also remained covering FTV and has decreased its forecast on November 18, 2024 with a “Hold” recommendation from previously “Buy” rating. UBS started covering the stock on November 13, 2024. It rated FTV as “a Neutral”.
Price Performance Review of FTV
On Friday, Fortive Corp [NYSE:FTV] saw its stock jump 0.98% to $73.19. Over the last five days, the stock has gained 3.79%. Fortive Corp shares have fallen nearly -2.41% since the year began. Nevertheless, the stocks have fallen -5.52% over the past one year. While a 52-week high of $83.32 was reached on 02/20/25, a 52-week low of $60.38 was recorded on 04/09/25. SMA at 50 days reached $70.35, while 200 days put it at $74.60.
Levels Of Support And Resistance For FTV Stock
The 24-hour chart illustrates a support level at 72.41, which if violated will result in even more drops to 71.62. On the upside, there is a resistance level at 73.63. A further resistance level may holdings at 74.06. The Relative Strength Index (RSI) on the 14-day chart is 61.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.64, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 15.29%. Stochastics %K at 80.58% indicates the stock is a selling.
