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. Revvity Inc shares valued at $235,395 were sold by McMurry-Heath Michelle on Feb 06 ’25. At $119.49 per share, McMurry-Heath Michelle sold 1,970 shares. The insider’s holdings dropped to 3,021 shares worth approximately $0.28 million following the completion of this transaction.
Also, McMurry-Heath Michelle purchased 1,970 shares, netting a total of over 235,395 in proceeds.
Before that, Goldberg Joel S had sold 15,170 shares from its account. In a trade valued at $1,922,513, the insider traded Revvity Inc shares for $126.73 each. Upon closing the transaction, the insider’s holdings decreased to 15,170 shares, worth approximately $3.05 million.
As published in a research note from UBS on May 01, 2025, Revvity Inc [RVTY] has been rated up from a Neutral to a Buy and the price target has been revised to $115. Analysts at Bernstein downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in early January. As of December 13, 2024, BofA Securities has increased its “Neutral” rating to a “Buy” for RVTY. Earlier on October 15, 2024, Barclays upgraded its rating. Their new recommendation was “an Overweight” for RVTY stock which previously was a “an Equal weight”.
Analyzing RVTY Stock Performance
During the last five days, there has been a drop of approximately -2.39%. Over the course of the year, Revvity Inc shares have dropped approximately -18.16%. Shares of the company reached a 52-week high of $128.29 on 01/30/25 and a 52-week low of $88.01 on 05/23/25.
Support And Resistance Levels for Revvity Inc (RVTY)
According to the 24-hour chart, there is a support level at 90.93, which, if violated, would cause prices to drop to 90.51. In the upper region, resistance lies at 92.11. The next price resistance is at 92.87. RSI (Relative Strength Index) is 45.63 on the 14-day chart, showing neutral technical sentiment.
