KD Logo

Goldman initates LivaNova PLC (LIVN) stock to a Buy

In a filing, LivaNova PLC revealed its Director Bianchi Francesco unloaded Company’s shares for reported $69870.0 on Sep 11 ’24. In the deal valued at $46.58 per share,1,500 shares were sold. As a result of this transaction, Bianchi Francesco now holds 8,772 shares worth roughly $0.46 million.

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, Bianchi Francesco bought 1,500 shares, generating $69,870 in total proceeds.

Before that, Moore Daniel Jeffrey sold 56,623 shares. LivaNova PLC shares valued at $3,403,694 were divested by the Director at a price of $60.11 per share. As a result of the transaction, Moore Daniel Jeffrey now holds 27,534 shares, worth roughly $1.45 million.

Goldman initiated its LivaNova PLC [LIVN] rating to a Buy in a research note published on October 04, 2024; the price target was $65. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who increased its forecast for the stock in mid September from “a Neutral” to “an Outperform”. Needham also remained covering LIVN and reiterated its “Buy” recommendation on March 20, 2024. Mizuho revised its rating on February 20, 2024. It rated LIVN as “a Buy” which previously was an “a Neutral”.

Price Performance Review of LIVN

On Monday, LivaNova PLC [NASDAQ:LIVN] saw its stock jump 0.83% to $52.53. Over the last five days, the stock has gained 1.39%. LivaNova PLC shares have risen nearly 1.53% since the year began. Nevertheless, the stocks have risen 11.20% over the past one year. While a 52-week high of $64.47 was reached on 05/06/24, a 52-week low of $42.75 was recorded on 08/12/24. SMA at 50 days reached $51.88, while 200 days put it at $53.08.

Levels Of Support And Resistance For LIVN Stock

The 24-hour chart illustrates a support level at 51.98, which if violated will result in even more drops to 51.44. On the upside, there is a resistance level at 52.96. A further resistance level may holdings at 53.40. The Relative Strength Index (RSI) on the 14-day chart is 52.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.34%. Stochastics %K at 43.26% indicates the stock is a holding.

How much short interest is there in LivaNova PLC?

A steep rise in short interest was recorded in LivaNova PLC stocks on 2024-10-31, dropping by 50199.0 shares to a total of 1.98 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 2.03 million shares. There was a decline of -2.54%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on September 06, 2023 when HSBC Securities began covering the stock and recommended ‘”a Hold”‘ rating along with a $52 price target.

Most Popular