In a filing, Labcorp Holdings Inc revealed its EVP, Chief Legal Officer van der Vaart Sandra D unloaded Company’s shares for reported $0.24 million on Nov 21 ’24. In the deal valued at $239.42 per share,1,000 shares were sold. As a result of this transaction, van der Vaart Sandra D now holds 2,670 shares worth roughly $0.64 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, Summy Amy B. bought 3,672 shares, generating $877,142 in total proceeds.
Before that, van der Vaart Sandra D bought 1,000 shares. Labcorp Holdings Inc shares valued at $239,419 were divested by the Officer at a price of $239.42 per share.
HSBC Securities upgraded its Labcorp Holdings Inc [LH] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in early October with a ‘”a Neutral”‘ rating. Argus also remained covering LH and has increased its forecast on March 25, 2024 with a “Buy” recommendation from previously “Hold” rating. Leerink Partners started covering the stock on February 26, 2024. It rated LH as “an Outperform”.
Price Performance Review of LH
On Monday, Labcorp Holdings Inc [NYSE:LH] saw its stock jump 0.68% to $241.29. Over the last five days, the stock has gained 1.11%. Labcorp Holdings Inc shares have risen nearly 6.16% since the year began. Nevertheless, the stocks have risen 13.43% over the past one year. While a 52-week high of $247.99 was reached on 11/11/24, a 52-week low of $191.97 was recorded on 05/31/24. SMA at 50 days reached $226.42, while 200 days put it at $215.58.
Levels Of Support And Resistance For LH Stock
The 24-hour chart illustrates a support level at 238.73, which if violated will result in even more drops to 236.17. On the upside, there is a resistance level at 243.19. A further resistance level may holdings at 245.09. The Relative Strength Index (RSI) on the 14-day chart is 61.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 33.82%. Stochastics %K at 65.69% indicates the stock is a holding.
How much short interest is there in Labcorp Holdings Inc?
A steep rise in short interest was recorded in Labcorp Holdings Inc stocks on 2024-10-31, growing by 0.16 million shares to a total of 2.03 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 1.87 million shares. There was a rise of 8.11%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on February 09, 2024 when Evercore ISI began covering the stock and recommended ‘”an In-line”‘ rating along with a $240 price target.
