Labcorp Holdings Inc’s recent filing unveils that its Executive Vice President EISENBERG GLENN A unloaded Company’s shares for reported $2.82 million on Dec 02 ’24. In the deal valued at $240.43 per share,11,711 shares were sold. As a result of this transaction, EISENBERG GLENN A now holds 31,289 shares worth roughly $7.18 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, Gilliland Dwight Gary sold 1,000 shares, generating $241,000 in total proceeds. Upon selling the shares at $241.00, the Director now owns 7,712 shares.
Before that, EISENBERG GLENN A bought 11,711 shares. Labcorp Holdings Inc shares valued at $2,815,651 were divested by the Officer at a price of $240.43 per share.
A number of analysts have revised their coverage, including HSBC Securities’s analysts, who increased its forecast for the stock in late October from “a Hold” to “a Buy”. Piper Sandler began covering LH with “Neutral” recommendation on October 01, 2024. Argus revised its rating on March 25, 2024. It rated LH as “a Buy” which previously was an “a Hold”.
Price Performance Review of LH
On Monday, Labcorp Holdings Inc [NYSE:LH] saw its stock fall -1.03% to $229.62. Over the last five days, the stock has lost -2.70%. Labcorp Holdings Inc shares have risen nearly 1.03% since the year began. Nevertheless, the stocks have risen 2.94% 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 $230.45, while 200 days put it at $216.74.
Levels Of Support And Resistance For LH Stock
The 24-hour chart illustrates a support level at 227.77, which if violated will result in even more drops to 225.92. On the upside, there is a resistance level at 232.72. A further resistance level may holdings at 235.82. The Relative Strength Index (RSI) on the 14-day chart is 41.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.67, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.34%. Stochastics %K at 16.82% indicates the stock is a buying.
How much short interest is there in Labcorp Holdings Inc?
A steep rise in short interest was recorded in Labcorp Holdings Inc stocks on 2024-11-29, dropping by 59361.0 shares to a total of 1.97 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 2.03 million shares. There was a decline of -3.01%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 26, 2024 when Leerink Partners began covering the stock and recommended ‘”an Outperform”‘ rating along with a $260 price target.
