LW price target predicted to rise nearly $120.71 in 12 months


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. Lamb Weston Holdings Inc. shares valued at $500,250 were sold by Miller Sharon L. on May 19. At $115.00 per share, Miller Sharon L. sold 4,350 shares. The insider’s holdings dropped to 49,859 shares worth approximately $5.43 million following the completion of this transaction.

25-cent Stock Takes $11T Commodities Sector Digital

One brilliantly-run technology firm has successfully partnered with some of the largest players in the industry to bring a first-of-its-kind digital solution to the global commodities supply chain sector. Best of all, this upstart technology firm is currently trading undiscovered — below 25-cents per share — so very, very few investors know about it yet! For investors… it's an early-stage opportunity in a company that's bringing the US$11T global commodities sector straight into the 21st century.

All the details are in the FREE online report you can get here.


Also, Jones Gregory W sold 1,000 shares, netting a total of over 97,493 in proceeds. Following the sale of shares at $97.49 each, the insider now holds 6,384 shares.

Before that, Smith Michael Jared had sold 11,934 shares from its account. In a trade valued at $1,180,273, the SENIOR VICE PRESIDENT traded Lamb Weston Holdings Inc. shares for $98.90 each. Upon closing the transaction, the insider’s holdings decreased to 11,934 shares, worth approximately $8.1 million.

Analyzing LW Stock Performance

On Thursday, Lamb Weston Holdings Inc. [NYSE: LW] plunged -0.34% to $108.94. The stock’s lowest price that day was $107.95, but it reached a high of $109.66 in the same session. During the last five days, there has been a drop of approximately -4.30%. Over the course of the year, Lamb Weston Holdings Inc. shares have jumped approximately 21.91%. Shares of the company reached a 52-week high of $115.31 on 05/22/23 and a 52-week low of $86.24 on 01/04/23. A 50-day SMA is recorded $108.00, while a 200-day SMA reached $93.14. Nevertheless, trading volume fell to 1.51 million shares from 1.4 million shares the previous day.

Support And Resistance Levels for Lamb Weston Holdings Inc. (LW)

According to the 24-hour chart, there is a support level at 108.04, which, if violated, would cause prices to drop to 107.14. In the upper region, resistance lies at 109.75. The next price resistance is at 110.56. RSI (Relative Strength Index) is 40.57 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.96, which suggests the price will decrease in the coming days. Percent R is at 86.54%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.

Is Lamb Weston Holdings Inc. subject to short interest?

Stocks of Lamb Weston Holdings Inc. saw a sharp steep in short interest on May 14, 2023 dropping by -0.74 million shares to 2.5 million. Data from Yahoo Finance shows that the short interest on Apr 13, 2023 was 3.24 million shares. A decline of -29.6% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.52 of the overall float, the days-to-cover ratio (short ratio) decline to 2.52.

Which companies own the most shares of Lamb Weston Holdings Inc. (LW)?

According to The Vanguard Group, Inc. filings, the company currently owns 16,543,096 shares, which is about 11.35% of the total LW shares outstanding. The investor’s shares have appreciated by 263,335 from its previous 13-F filing of 16279761.0 shares. With the completion of the sale transaction, BlackRock Fund Advisors’s stake is now worth $876,005,857. APG Asset Management NV reduced a -8.61% interest valued at $713.7 million while SSgA Funds Management, Inc. sold a -171,137 stake. A total of 3,163,240 shares of Lamb Weston Holdings Inc. were sold by Stockbridge Partners LLC during the quarter, and 69,429 were bought by Geode Capital Management LLC. In its current portfolio, Citadel Advisors LLC holds 2,994,172 shares valued at $334.78 million.

In terms of Lamb Weston Holdings Inc. share price expectations, FactSet research, analysts set an average price target of $120.71 in the next 12 months, up nearly 9.78% from the previous closing price of $109.31. Analysts anticipate Lamb Weston Holdings Inc. stock to reach $135.00 by 2023, with the lowest price target being $107.00. In spite of this, 9 analysts ranked Lamb Weston Holdings Inc. stock as an Overweight at the end of 2023.


Please enter your comment!
Please enter your name here