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. Fortrea Holdings Inc shares valued at $13,052 were sold by Morais Mark A. on Jun 03 ’25. At $4.17 per share, Morais Mark A. sold 3,130 shares. The insider’s holdings dropped to 46,549 shares worth approximately $0.25 million following the completion of this transaction.
Also, Mcconnell Jill G. sold 3,130 shares, netting a total of over 13,052 in proceeds. Following the sale of shares at $4.17 each, the insider now holds 48,344 shares.
Before that, Hanson James S. had sold 2,191 shares from its account. In a trade valued at $9,136, the General Counsel traded Fortrea Holdings Inc shares for $4.17 each. Upon closing the transaction, the insider’s holdings decreased to 2,191 shares, worth approximately $78949.87.
As published in their initiating research note from Truist on May 02, 2025, Fortrea Holdings Inc [FTRE] has been a Hold and the price target has been revised to $7. Analysts at Barclays downgraded the stock from ‘”an Equal weight”‘ to ‘”an Underweight”‘ outlook in a report released in early April. As of December 11, 2024, Citigroup has decreased its “Buy” rating to a “Neutral” for FTRE. Earlier on December 06, 2024, Robert W. Baird downgraded its rating. Their new recommendation was “a Neutral” for FTRE stock which previously was a “an Outperform”.
Analyzing FTRE Stock Performance
On last trading session,, Fortrea Holdings Inc [NASDAQ: FTRE] rose 4.56% to $5.27. The stock’s lowest price that day was $4.9672, but it reached a high of $5.605 in the same session. During the last five days, there has been a surge of approximately 1.93%. Over the course of the year, Fortrea Holdings Inc shares have dropped approximately -77.28%. Shares of the company reached a 52-week high of $20.26 on 01/06/25 and a 52-week low of $3.97 on 06/03/25.
Support And Resistance Levels for Fortrea Holdings Inc (FTRE)
According to the 24-hour chart, there is a support level at 4.96, which, if violated, would cause prices to drop to 4.64. In the upper region, resistance lies at 5.59. The next price resistance is at 5.92. RSI (Relative Strength Index) is 51.92 on the 14-day chart, showing neutral technical sentiment.
Is Fortrea Holdings Inc subject to short interest?
Stocks of Fortrea Holdings Inc saw a sharp rise in short interest on 2025-06-13 jumping by 2.63 million shares to 14.94 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 12.31 million shares. A jump of 17.61% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 4.45 of the overall float, the days-to-cover ratio (short ratio) jumped to 4.45.
Which companies own the most shares of Fortrea Holdings Inc (FTRE)?
In terms of Fortrea Holdings Inc share price expectations, FactSet research, analysts set an average price target of 12 in the next 12 months, up nearly 138.1% from the previous closing price of $5.04. Analysts anticipate Fortrea Holdings Inc stock to reach 12 by 2025, with the lowest price target being 12. In spite of this, 7 analysts ranked Fortrea Holdings Inc stock as Buy at the end of 2025. On September 25, 2024, Jefferies assigned a price target of “a Hold” to the stock and downgraded coverage with a $21.