Otis Worldwide Corp’s recently made public that its President, Otis Asia Pacific de Montlivault Stephane unloaded Company’s shares for reported $0.7 million on Mar 10 ’25. In the deal valued at $105.30 per share,6,660 shares were sold. As a result of this transaction, de Montlivault Stephane now holds 63,931 shares worth roughly $6.36 million.
Then, Stephane De Montlivault bought 6,660 shares, generating $701,497 in total proceeds.
Before that, de Montlivault Stephane sold 25,003 shares. Otis Worldwide Corp shares valued at $2,428,771 were divested by the President, Otis Asia Pacific at a price of $97.14 per share. As a result of the transaction, de Montlivault Stephane now holds 66,968 shares, worth roughly $6.66 million.
JP Morgan upgraded its Otis Worldwide Corp [OTIS] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in mid July with a ‘”a Hold”‘ rating. Wolfe Research also remained covering OTIS and has decreased its forecast on December 12, 2024 with a “an Underperform” recommendation from previously “Peer perform” rating. Barclays revised its rating on December 05, 2024. It rated OTIS as “an Underweight” which previously was an “an Equal weight”.
Price Performance Review of OTIS
On Friday, Otis Worldwide Corp [NYSE:OTIS] saw its stock fall -1.61% to $99.44. Over the last five days, the stock has lost -0.05%. Otis Worldwide Corp shares have fallen nearly -0.18% since the year began. Nevertheless, the stocks have risen 7.38% over the past one year. While a 52-week high of $106.83 was reached on 03/10/25, a 52-week low of $89.70 was recorded on 04/08/25.
Levels Of Support And Resistance For OTIS Stock
The 24-hour chart illustrates a support level at 98.47, which if violated will result in even more drops to 97.50. On the upside, there is a resistance level at 100.69. A further resistance level may holdings at 101.94.
How much short interest is there in Otis Worldwide Corp?
A steep rise in short interest was recorded in Otis Worldwide Corp stocks on 2025-06-13, growing by 0.66 million shares to a total of 6.73 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 6.07 million shares. There was a rise of 9.75%, which implies that there is a positive sentiment for the stock.
