Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Lear Corp. shares valued at $159,175 were sold by MALLETT CONRAD L JR on May 28 ’24. At $124.55 per share, MALLETT CONRAD L JR sold 1,278 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, SMITH GREG C sold 2,392 shares, netting a total of over 296,273 in proceeds. Following the sale of shares at $123.86 each, the insider now holds 0 shares.
Before that, Cardew Jason M had sold 2,750 shares from its account. In a trade valued at $387,228, the Sr. VP & CFO traded Lear Corp. shares for $140.81 each. Upon closing the transaction, the insider’s holdings decreased to 2,750 shares, worth approximately $1.93 million.
As of May 10, 2024, Morgan Stanley has increased its “an Equal-weight” rating to a “an Overweight” for LEA. Earlier on October 12, 2023, Barclays upgraded its rating. Their new recommendation was “an Overweight” for LEA stock which previously was a “an Equal weight”.
Analyzing LEA Stock Performance
During the last five days, there has been a surge of approximately 5.76%. Over the course of the year, Lear Corp. shares have dropped approximately -22.09%. Shares of the company reached a 52-week high of $147.11 on 03/25/24 and a 52-week low of $101.67 on 09/12/24. A 50-day SMA is recorded $114.14, while a 200-day SMA reached $127.71. Nevertheless, trading volume fell to 0.51 million shares from 0.47 million shares the previous day.
Support And Resistance Levels for Lear Corp. (LEA)
According to the 24-hour chart, there is a support level at 109.29, which, if violated, would cause prices to drop to 108.57. In the upper region, resistance lies at 110.91. The next price resistance is at 111.81. RSI (Relative Strength Index) is 48.49 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.71, which suggests the price will decrease in the coming days. Percent R is at 45.39%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
