Loews Corp’s filing revealed that its Director TISCH ANDREW H unloaded Company’s shares for reported $4.16 million on Nov 15 ’24. In the deal valued at $83.26 per share,50,000 shares were sold. As a result of this transaction, TISCH ANDREW H now holds 11,939,677 shares worth roughly $1.01 billion.
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, TISCH ANDREW H sold 100,000 shares, generating $8,339,300 in total proceeds. Upon selling the shares at $83.39, the Director now owns 12,164,677 shares.
Before that, TISCH ANDREW H sold 100,000 shares. Loews Corp shares valued at $8,329,751 were divested by the Director at a price of $83.30 per share. As a result of the transaction, TISCH ANDREW H now holds 11,989,677 shares, worth roughly $1.01 billion.
Deutsche Bank reiterated its Loews Corp [L] rating to a Hold in a research note published on November 02, 2016; the price target was $43. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who remained covering the stock and in early August has reiterated a ‘”a Hold”‘ rating for it. Deutsche Bank also remained covering L and has decreased its forecast on March 24, 2014 with a “Hold” recommendation from previously “Buy” rating. Deutsche Bank started covering the stock on September 04, 2013. It rated L as “a Buy”.
Price Performance Review of L
On Monday, Loews Corp [NYSE:L] saw its stock jump 0.88% to $84.41. Over the last five days, the stock has gained 1.44%. Loews Corp shares have risen nearly 21.30% since the year began. Nevertheless, the stocks have risen 25.87% over the past one year. While a 52-week high of $84.56 was reached on 11/18/24, a 52-week low of $66.60 was recorded on 01/02/24. SMA at 50 days reached $79.91, while 200 days put it at $77.33.
Levels Of Support And Resistance For L Stock
The 24-hour chart illustrates a support level at 83.63, which if violated will result in even more drops to 82.86. On the upside, there is a resistance level at 84.89. A further resistance level may holdings at 85.37. The Relative Strength Index (RSI) on the 14-day chart is 63.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.08, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.91%. Stochastics %K at 89.97% indicates the stock is a selling.
How much short interest is there in Loews Corp?
A steep rise in short interest was recorded in Loews Corp stocks on 2024-10-31, dropping by 77778.0 shares to a total of 1.55 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 1.63 million shares. There was a decline of -5.03%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 23, 2009 when Susquehanna Financial began covering the stock and recommended ‘”a Positive”‘ rating .
