Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. CVS Health Corp shares valued at $154,444,758 were sold by ROBBINS LARRY on May 02 ’25. At $67.86 per share, ROBBINS LARRY sold 2,276,068 shares. The insider’s holdings dropped to 9,670,731 shares worth approximately $600.65 million following the completion of this transaction.
Also, ROBBINS LARRY sold 1,323,932 shares, netting a total of over 89,249,945 in proceeds. Following the sale of shares at $67.41 each, the insider now holds 8,346,799 shares.
Before that, ROBBINS LARRY had sold 150,000 shares from its account. In a trade valued at $10,000,710, the Director traded CVS Health Corp shares for $66.67 each. Upon closing the transaction, the insider’s holdings decreased to 150,000 shares, worth approximately $509.1 million.
As published in a research note from Leerink Partners on February 13, 2025, CVS Health Corp [CVS] has been rated up from a Market perform to an Outperform and the price target has been revised to $75 from $55. Analysts at Cantor Fitzgerald upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in mid February. As of January 30, 2025, Edward Jones has increased its “Hold” rating to a “Buy” for CVS. Earlier on December 03, 2024, Deutsche Bank upgraded its rating. Their new recommendation was “a Buy” for CVS stock which previously was a “a Hold”.
Analyzing CVS Stock Performance
During the last five days, there has been a surge of approximately 3.45%. Over the course of the year, CVS Health Corp shares have jumped approximately 38.36%. A 50-day SMA is recorded $66.24, while a 200-day SMA reached $59.36.
Support And Resistance Levels for CVS Health Corp (CVS)
RSI (Relative Strength Index) is 41.61 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.36, which suggests the price will decrease in the coming days. Percent R is at 68.54%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
