The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. 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 $603.94 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 $511.89 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 drop of approximately -2.02%. Over the course of the year, CVS Health Corp shares have jumped approximately 39.12%. Shares of the company reached a 52-week high of $72.51 on 05/01/25 and a 52-week low of $44.11 on 01/02/25.
Support And Resistance Levels for CVS Health Corp (CVS)
According to the 24-hour chart, there is a support level at 61.68, which, if violated, would cause prices to drop to 60.90. In the upper region, resistance lies at 63.30. The next price resistance is at 64.14. RSI (Relative Strength Index) is 45.38 on the 14-day chart, showing neutral technical sentiment.