Life Time Group Holdings Inc’s recent filing unveils that its EVP &PRESIDENT CLUB OPERATIONS Javaheri Parham unloaded Company’s shares for reported $0.49 million on Mar 13 ’24. In the deal valued at $14.40 per share,33,816 shares were sold. As a result of this transaction, Javaheri Parham now holds 253,893 shares worth roughly $3.64 million.
Then, Weaver Erik sold 860 shares, generating $11,842 in total proceeds. Upon selling the shares at $13.77, the SVP, INTERIM CFO & CONTROLLER now owns 65,528 shares.
Before that, Singh Ritadhwaja Jebens sold 10,828 shares. Life Time Group Holdings Inc shares valued at $147,368 were divested by the EVP & CHIEF DIGITAL OFFICER at a price of $13.61 per share. As a result of the transaction, Singh Ritadhwaja Jebens now holds 201,521 shares, worth roughly $2.89 million.
Wells Fargo upgraded its Life Time Group Holdings Inc [LTH] rating to an Equal weight from a an Underweight in a research note published recently. Wells Fargo also remained covering LTH and has decreased its forecast on August 11, 2022 with a “an Underweight” recommendation from previously “an Equal weight” rating. Wells Fargo started covering the stock on November 01, 2021. It rated LTH as “an Equal weight”.
Price Performance Review of LTH
On Friday, Life Time Group Holdings Inc [NYSE:LTH] saw its stock fall -1.65% to $14.32. Over the last five days, the stock has lost -1.45%. Life Time Group Holdings Inc shares have fallen nearly -5.04% since the year began. Nevertheless, the stocks have fallen -14.86% over the past one year. While a 52-week high of $22.41 was reached on 04/01/24, a 52-week low of $11.10 was recorded on 02/26/24. SMA at 50 days reached $13.96, while 200 days put it at $15.34. A total of 0.65 million shares were traded, compared to the trading of 0.5 million shares in the previous session.
Levels Of Support And Resistance For LTH Stock
The 24-hour chart illustrates a support level at 14.18, which if violated will result in even more drops to 14.04. On the upside, there is a resistance level at 14.48. A further resistance level may holdings at 14.65. The Relative Strength Index (RSI) on the 14-day chart is 47.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.83%. Stochastics %K at 14.88% indicates the stock is a buying.
The most recent change occurred on November 01, 2021 when RBC Capital Mkts began covering the stock and recommended ‘”an Outperform”‘ rating along with a $21 price target.
