Tenet Healthcare Corp’s recently made public that its Director BIERMAN JAMES L unloaded Company’s shares for reported $0.78 million on May 29 ’25. In the deal valued at $170.00 per share,4,613 shares were sold. As a result of this transaction, BIERMAN JAMES L now holds 35,271 shares worth roughly $6.0 million.
Then, BIERMAN JAMES L bought 4,613 shares, generating $784,210 in total proceeds.
Before that, KERREY J ROBERT sold 1,222 shares. Tenet Healthcare Corp shares valued at $201,581 were divested by the Director at a price of $164.96 per share. As a result of the transaction, KERREY J ROBERT now holds 22,377 shares, worth roughly $3.81 million.
Wells Fargo upgraded its Tenet Healthcare Corp [THC] rating to an Overweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in mid April from “an Outperform” to “a Neutral”. Morgan Stanley began covering THC with “an Overweight” recommendation on March 26, 2025. TD Cowen started covering the stock on February 26, 2025. It rated THC as “a Buy”.
Price Performance Review of THC
On Monday, Tenet Healthcare Corp [NYSE:THC] saw its stock jump 0.80% to $170.12. Over the last five days, the stock has gained 4.38%. Tenet Healthcare Corp shares have risen nearly 34.77% since the year began. Nevertheless, the stocks have risen 29.32% over the past one year. While a 52-week high of $171.20 was reached on 06/02/25, a 52-week low of $109.82 was recorded on 04/21/25. SMA at 50 days reached $141.06, while 200 days put it at $144.35.
Levels Of Support And Resistance For THC Stock
The 24-hour chart illustrates a support level at 168.10, which if violated will result in even more drops to 166.08. On the upside, there is a resistance level at 171.32. A further resistance level may holdings at 172.52. The Relative Strength Index (RSI) on the 14-day chart is 72.05, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.76, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.22%. Stochastics %K at 90.32% indicates the stock is a selling.
