Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Light & Wonder Inc shares valued at $2,068,964 were purchased by Regan Michael J on Aug 16 ’24. At $103.45 per share, Regan Michael J acquired 20,000 shares.
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, Korsanos Antonia purchased 70 shares, netting a total of over 6,653 in proceeds. Following the buying of shares at $95.04 each, the insider now holds 313 shares.
Before that, Korsanos Antonia had added 72 shares to its account. In a trade valued at $6,589, the Director bought Light & Wonder Inc shares for $91.51 each. Upon closing the transaction, the insider’s holdings increased to 72 shares, worth approximately $22261.23.
As published in a research note from UBS on September 25, 2024, Light & Wonder Inc [LNW] has been rated up from a Neutral to a Buy. Analysts at Maxim Group started covering the stock with ‘”a Buy”‘ outlook in a report released in late August. As of May 10, 2024, Susquehanna has decreased its “Positive” rating to a “Neutral” for LNW. Earlier on March 26, 2024, Mizuho initiated its rating. Their recommendation was “an Underperform” for LNW stock.
Analyzing LNW Stock Performance
During the last five days, there has been a drop of approximately -18.70%. Over the course of the year, Light & Wonder Inc shares have jumped approximately 11.57%. Shares of the company reached a 52-week high of $115.00 on 09/19/24 and a 52-week low of $76.52 on 01/09/24. A 50-day SMA is recorded $105.50, while a 200-day SMA reached $96.09. Nevertheless, trading volume fell to 1.56 million shares from 0.47 million shares the previous day.
Support And Resistance Levels for Light & Wonder Inc (LNW)
According to the 24-hour chart, there is a support level at 90.15, which, if violated, would cause prices to drop to 88.68. In the upper region, resistance lies at 93.11. The next price resistance is at 94.60. RSI (Relative Strength Index) is 26.34 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -9.16, which suggests the price will decrease in the coming days. Percent R is at 94.24%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.