New insider activity at Fortive ( (FTV) ) has taken place on March 1, 2025.
In a notable series of transactions, Fortive’s top executives have offloaded significant shares of the company’s stock. Christopher M. Mulhall, the Vice President and Chief Accounting Officer, sold 8,431 shares, amounting to a total of $674,105. Meanwhile, Stacey A. Walker, the Senior Vice President of Human Resources, parted with 7,454 shares, generating $598,838 from the sale.
Recent Updates on FTV stock
In the last 24 hours, Fortive’s stock has seen notable developments following its recent earnings report and analyst evaluations. RBC Capital raised its price target for Fortive, citing strong order momentum in the Precision Technologies segment and solid free cash flow conversion, despite an operating miss due to weaker revenues and margins in the same segment. Challenges persist in China, expected to affect performance through 2025. Fortive’s Q4 earnings highlighted robust financial results, including record margins and cash flow, driven by innovation and strong demand in key segments. The company anticipates continued growth in 2025, with plans to separate its Precision Technologies segment into a new entity by Q3 2025. Despite challenges such as headwinds in China and core revenue declines in Precision Technologies, Fortive’s strategic positioning and innovation efforts are expected to sustain value creation for stakeholders.
More about Fortive
YTD Price Performance: 6.97%
Average Trading Volume: 2,444,575
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $27.09B