In a filing, Fortive Corp revealed its President and CEO LICO JAMES A unloaded Company’s shares for reported $12.67 million on May 15 ’25. In the deal valued at $72.40 per share,175,000 shares were sold. As a result of this transaction, LICO JAMES A now holds 428,585 shares worth roughly $21.66 million.
Then, LICO JAMES A bought 175,000 shares, generating $12,669,125 in total proceeds.
Before that, Underwood Peter C sold 14,327 shares. Fortive Corp shares valued at $1,058,479 were divested by the SVP – Chief Legal Officer at a price of $73.88 per share. As a result of the transaction, Underwood Peter C now holds 51,750 shares, worth roughly $2.61 million.
TD Cowen downgraded its Fortive Corp [FTV] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who decreased its forecast for the stock in early April from “an Outperform” to “a Neutral”. Citigroup also remained covering FTV and has decreased its forecast on December 09, 2024 with a “Neutral” recommendation from previously “Buy” rating. Argus revised its rating on November 18, 2024. It rated FTV as “a Hold” which previously was an “a Buy”.
Price Performance Review of FTV
On Friday, Fortive Corp [NYSE:FTV] saw its stock fall -1.44% to $50.53. Over the last five days, the stock has lost -4.10%. Fortive Corp shares have fallen nearly -15.01% since the year began. Nevertheless, the stocks have fallen -10.57% over the past one year. While a 52-week high of $62.77 was reached on 02/20/25, a 52-week low of $45.49 was recorded on 06/30/25.
Levels Of Support And Resistance For FTV Stock
The 24-hour chart illustrates a support level at 50.01, which if violated will result in even more drops to 49.48. On the upside, there is a resistance level at 51.28. A further resistance level may holdings at 52.02.
How much short interest is there in Fortive Corp?
A steep rise in short interest was recorded in Fortive Corp stocks on 2025-06-13, dropping by -0.27 million shares to a total of 7.24 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 7.51 million shares. There was a decline of -3.73%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 13, 2024 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $84 price target.
