Landsea Homes Corporation’s recently made public that its Director Tian Ming acquired Company’s shares for reported $0.35 million on Mar 08 ’24. In the deal valued at $11.60 per share,30,000 shares were bought. As a result of this transaction, Tian Ming now holds 30,000 shares worth roughly $0.29 million.
Then, Ho John bought 17,241 shares, generating $199,996 in total proceeds. Upon buying the shares at $11.60, the Chief Executive Officer now owns 459,845 shares.
Before that, Forsum Michael bought 17,241 shares. Landsea Homes Corporation shares valued at $199,996 were divested by the President and COO at a price of $11.60 per share. As a result of the transaction, Forsum Michael now holds 446,682 shares, worth roughly $4.36 million.
Wedbush initiated its Landsea Homes Corporation [LSEA] rating to a Neutral in a research note published on June 23, 2023; the price target was $16. A number of analysts have revised their coverage, including BTIG Research’s analysts, who began to cover the stock in mid September with a ‘”a Neutral”‘ rating. Barclays began covering LSEA with “an Equal weight” recommendation on February 05, 2021.
Price Performance Review of LSEA
On Tuesday, Landsea Homes Corporation [NASDAQ:LSEA] saw its stock fall -2.50% to $9.76. Over the last five days, the stock has lost -15.50%. Landsea Homes Corporation shares have fallen nearly -25.72% since the year began. Nevertheless, the stocks have risen 63.48% over the past one year. A total of 0.2 million shares were traded, compared to the trading of 0.29 million shares in the previous session.
Levels Of Support And Resistance For LSEA Stock
The 24-hour chart illustrates a support level at 9.64, which if violated will result in even more drops to 9.51. On the upside, there is a resistance level at 9.98. A further resistance level may holdings at 10.19. The Relative Strength Index (RSI) on the 14-day chart is 30.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.73%. Stochastics %K at 11.64% indicates the stock is a buying.
