Lovesac Company’s filing revealed that its EVP and CFO Siegner Keith R. acquired Company’s shares for reported $99864.0 on Apr 19 ’24. In the deal valued at $20.80 per share,4,800 shares were bought. As a result of this transaction, Siegner Keith R. now holds 4,800 shares worth roughly $0.11 million.
Then, HEYER ANDREW R bought 8,144 shares, generating $164,755 in total proceeds. Upon buying the shares at $20.23, the Director now owns 37,282 shares.
Before that, HEYER ANDREW R bought 6,226 shares. Lovesac Company shares valued at $125,952 were divested by the Director at a price of $20.23 per share. As a result of the transaction, HEYER ANDREW R now holds 241,518 shares, worth roughly $5.78 million.
Maxim Group initiated its Lovesac Company [LOVE] rating to a Buy in a research note published on April 17, 2024; the price target was $36. A number of analysts have revised their coverage, including ROTH MKM’s analysts, who remained covering the stock and in late March has reiterated a ‘”a Buy”‘ rating for it. Oppenheimer also remained covering LOVE and reiterated its “an Outperform” recommendation on September 11, 2020. BTIG Research maintained its rating on June 10, 2020. It rated LOVE as “a Buy”.
Price Performance Review of LOVE
On Tuesday, Lovesac Company [NASDAQ:LOVE] saw its stock fall -0.13% to $23.95. Over the last five days, the stock has gained 7.98%. Lovesac Company shares have fallen nearly -6.26% since the year began. Nevertheless, the stocks have fallen -8.94% over the past one year. While a 52-week high of $29.81 was reached on 01/02/24, a 52-week low of $14.18 was recorded on 04/16/24. SMA at 50 days reached $22.21, while 200 days put it at $22.22. A total of 0.4 million shares were traded, compared to the trading of 0.38 million shares in the previous session.
Levels Of Support And Resistance For LOVE Stock
The 24-hour chart illustrates a support level at 23.59, which if violated will result in even more drops to 23.24. On the upside, there is a resistance level at 24.37. A further resistance level may holdings at 24.79. The Relative Strength Index (RSI) on the 14-day chart is 62.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.54, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.28%. Stochastics %K at 93.97% indicates the stock is a selling.
The most recent change occurred on April 29, 2020 when BTIG Research began covering the stock and recommended ‘”a Buy”‘ rating along with a $22 price target.
