Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Fortive Corp shares valued at $12,670,000 were sold by LICO JAMES A on May 15 ’25. At $72.40 per share, LICO JAMES A sold 175,000 shares. The insider’s holdings dropped to 428,585 shares worth approximately $30.56 million following the completion of this transaction.
Also, LICO JAMES A purchased 175,000 shares, netting a total of over 12,669,125 in proceeds.
Before that, Underwood Peter C had sold 14,327 shares from its account. In a trade valued at $1,058,479, the SVP – Chief Legal Officer traded Fortive Corp shares for $73.88 each. Upon closing the transaction, the insider’s holdings decreased to 14,327 shares, worth approximately $3.69 million.
As published in a research note from Exane BNP Paribas on April 09, 2025, Fortive Corp [FTV] has been rated down from an Outperform to a Neutral and the price target has been revised to $67. Analysts at Citigroup downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early December. As of November 18, 2024, Argus has decreased its “Buy” rating to a “Hold” for FTV. Earlier on November 13, 2024, UBS initiated its rating. Their recommendation was “a Neutral” for FTV stock.
Analyzing FTV Stock Performance
During the last five days, there has been a drop of approximately -0.86%. Over the course of the year, Fortive Corp shares have dropped approximately -4.93%. Shares of the company reached a 52-week high of $83.32 on 02/20/25 and a 52-week low of $60.38 on 04/09/25.
Support And Resistance Levels for Fortive Corp (FTV)
According to the 24-hour chart, there is a support level at 70.55, which, if violated, would cause prices to drop to 69.80. In the upper region, resistance lies at 72.59. The next price resistance is at 73.88. RSI (Relative Strength Index) is 50.47 on the 14-day chart, showing neutral technical sentiment.
