Lemaitre Vascular Inc’s filing revealed that its Senior V. P., Operations Kamke Trent G unloaded Company’s shares for reported $0.31 million on Mar 08 ’24. In the deal valued at $68.18 per share,4,542 shares were sold. As a result of this transaction, Kamke Trent G now holds 4,561 shares worth roughly $0.34 million.
Then, Roush John A sold 7,500 shares, generating $517,500 in total proceeds. Upon selling the shares at $69.00, the Director now owns 2,278 shares.
Before that, Jasinski Lawrence J sold 5,110 shares. Lemaitre Vascular Inc shares valued at $344,925 were divested by the Director at a price of $67.50 per share. As a result of the transaction, Jasinski Lawrence J now holds 5,309 shares, worth roughly $0.4 million.
Stifel upgraded its Lemaitre Vascular Inc [LMAT] rating to a Buy from a a Hold in a research note published on April 26, 2024; the price target was increased to $75 from $59. JMP Securities began covering LMAT with “Mkt outperform” recommendation on October 23, 2023. Oppenheimer started covering the stock on September 06, 2023. It rated LMAT as “an Outperform”.
Price Performance Review of LMAT
On Monday, Lemaitre Vascular Inc [NASDAQ:LMAT] saw its stock jump 1.05% to $75.00. Over the last five days, the stock has gained 13.22%. Lemaitre Vascular Inc shares have risen nearly 32.14% since the year began. Nevertheless, the stocks have risen 14.98% over the past one year. While a 52-week high of $74.64 was reached on 05/06/24, a 52-week low of $44.27 was recorded on 01/05/24. SMA at 50 days reached $66.10, while 200 days put it at $58.27. A total of 0.52 million shares were traded, compared to the trading of 0.18 million shares in the previous session.
Levels Of Support And Resistance For LMAT Stock
The 24-hour chart illustrates a support level at 74.00, which if violated will result in even more drops to 73.00. On the upside, there is a resistance level at 76.12. A further resistance level may holdings at 77.24. The Relative Strength Index (RSI) on the 14-day chart is 74.56, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.12, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.95%. Stochastics %K at 91.23% indicates the stock is a selling.
