Lincoln National Corp.’s recently made public that its Officer MATHEW GROVE acquired Company’s shares for reported $0.32 million on Aug 14 ’24. In the deal valued at $29.69 per share,10,877 shares were bought.
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
Then, Mathew Grove bought 10,174 shares, generating $297,843 in total proceeds.
Before that, Woodroffe Sean sold 55,127 shares. Lincoln National Corp. shares valued at $1,795,486 were divested by the EVP, Ch Ppl Culture Comms Off at a price of $32.57 per share. As a result of the transaction, Woodroffe Sean now holds 198,255 shares, worth roughly $6.52 million.
TD Cowen initiated its Lincoln National Corp. [LNC] rating to a Hold in a research note published on October 09, 2024; the price target was $34. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early September with a ‘”an Equal weight”‘ rating. Jefferies also remained covering LNC and has increased its forecast on May 22, 2024 with a “Buy” recommendation from previously “Hold” rating. Jefferies revised its rating on February 12, 2024. It rated LNC as “a Hold” which previously was an “an Underperform”.
Price Performance Review of LNC
On Monday, Lincoln National Corp. [NYSE:LNC] saw its stock jump 1.48% to $32.91. Over the last five days, the stock has gained 5.75%. Lincoln National Corp. shares have risen nearly 22.02% since the year began. Nevertheless, the stocks have risen 39.04% over the past one year. While a 52-week high of $36.46 was reached on 08/01/24, a 52-week low of $20.85 was recorded on 02/09/24. SMA at 50 days reached $30.78, while 200 days put it at $29.78.
Levels Of Support And Resistance For LNC Stock
The 24-hour chart illustrates a support level at 32.50, which if violated will result in even more drops to 32.09. On the upside, there is a resistance level at 33.12. A further resistance level may holdings at 33.34. The Relative Strength Index (RSI) on the 14-day chart is 62.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.82, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 0.66%. Stochastics %K at 84.88% indicates the stock is a selling.
How much short interest is there in Lincoln National Corp.?
A steep rise in short interest was recorded in Lincoln National Corp. stocks on 2024-09-30, growing by 0.17 million shares to a total of 3.56 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 3.4 million shares. There was a rise of 4.64%, which implies that there is a positive sentiment for the stock.
