Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Otis Worldwide Corp shares valued at $701,287 were sold by de Montlivault Stephane on Mar 10 ’25. At $105.30 per share, de Montlivault Stephane sold 6,660 shares. The insider’s holdings dropped to 63,931 shares worth approximately $6.38 million following the completion of this transaction.
Also, Stephane De Montlivault purchased 6,660 shares, netting a total of over 701,497 in proceeds.
Before that, de Montlivault Stephane had sold 25,003 shares from its account. In a trade valued at $2,428,771, the President, Otis Asia Pacific traded Otis Worldwide Corp shares for $97.14 each. Upon closing the transaction, the insider’s holdings decreased to 25,003 shares, worth approximately $6.68 million.
As published in a research note from Wolfe Research on December 12, 2024, Otis Worldwide Corp [OTIS] has been rated down from a Peer perform to an Underperform and the price target has been revised to $104. Analysts at Barclays downgraded the stock from ‘”an Equal weight”‘ to ‘”an Underweight”‘ outlook in a report released in early December. Earlier on October 08, 2024, Wolfe Research downgraded its rating. Their new recommendation was “a Peer perform” for OTIS stock which previously was a “an Outperform”.
Analyzing OTIS Stock Performance
On last trading session,, Otis Worldwide Corp [NYSE: OTIS] plunged -0.63% to $99.8. The stock’s lowest price that day was $99.2, but it reached a high of $100.49 in the same session. During the last five days, there has been a surge of approximately 3.28%. Over the course of the year, Otis Worldwide Corp shares have jumped approximately 3.68%. Shares of the company reached a 52-week high of $106.83 on 03/10/25 and a 52-week low of $89.70 on 04/08/25.
Support And Resistance Levels for Otis Worldwide Corp (OTIS)
According to the 24-hour chart, there is a support level at 99.17, which, if violated, would cause prices to drop to 98.54. In the upper region, resistance lies at 100.46. The next price resistance is at 101.12. RSI (Relative Strength Index) is 61.92 on the 14-day chart, showing neutral technical sentiment.
Is Otis Worldwide Corp subject to short interest?
Stocks of Otis Worldwide Corp saw a sharp rise in short interest on 2025-06-13 jumping by 0.66 million shares to 6.73 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 6.07 million shares. A jump of 9.75% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.64 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.64.
Which companies own the most shares of Otis Worldwide Corp (OTIS)?
In terms of Otis Worldwide Corp share price expectations, FactSet research, analysts set an average price target of 95.5 in the next 12 months, down nearly -4.91% from the previous closing price of $100.43. Analysts anticipate Otis Worldwide Corp stock to reach 100 by 2025, with the lowest price target being 91. In spite of this, 7 analysts ranked Otis Worldwide Corp stock as Hold at the end of 2025. On September 06, 2024, Morgan Stanley assigned a price target of “an Equal-weight” to the stock and initiated coverage with a $97.
