Abbvie Inc (ABBV) may enjoy gains as insiders got busy in the recent days

Abbvie Inc’s recent filing unveils that its EVP, CHIEF COMMERCIAL OFFICER Stewart Jeffrey Ryan unloaded Company’s shares for reported $12.36 million on Mar 31 ’25. In the deal valued at $210.08 per share,58,832 shares were sold. As a result of this transaction, Stewart Jeffrey Ryan now holds 53,234 shares worth roughly $9.78 million.

Then, Stewart Jeffrey Ryan bought 58,832 shares, generating $12,359,897 in total proceeds.

Before that, Reents Scott T sold 17,644 shares. Abbvie Inc shares valued at $3,746,527 were divested by the EVP, CHIEF FINANCIAL OFFICER at a price of $212.34 per share. As a result of the transaction, Reents Scott T now holds 11,577 shares, worth roughly $2.13 million.

Citigroup downgraded its Abbvie Inc [ABBV] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in late April with a ‘”an Overweight”‘ rating. Daiwa Securities revised its rating on December 05, 2024. It rated ABBV as “a Neutral” which previously was an “an Outperform”.

Price Performance Review of ABBV

On Monday, Abbvie Inc [NYSE:ABBV] saw its stock fall -0.83%% to $183.76. Over the last five days, the stock has lost -3.83%. Abbvie Inc shares have risen nearly 7.24% since the year began. Nevertheless, the stocks have risen 3.41% over the past one year. While a 52-week high of $218.66 was reached on 03/10/25, a 52-week low of $163.52 was recorded on 04/09/25.

Levels Of Support And Resistance For ABBV Stock

The 24-hour chart illustrates a support level at 182.11, which if violated will result in even more drops to 180.45. On the upside, there is a resistance level at 185.61. A further resistance level may holdings at 187.45.

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