In a filing, Louisiana-Pacific Corp revealed its Director Gottung Lizanne C unloaded Company’s shares for reported $0.28 million on Dec 16 ’24. In the deal valued at $113.50 per share,2,500 shares were sold. As a result of this transaction, Gottung Lizanne C now holds 18,513 shares worth roughly $1.98 million.
Then, LIZANNE GOTTUNG bought 2,500 shares, generating $282,075 in total proceeds.
Before that, HORTON OZEY K JR sold 300 shares. Louisiana-Pacific Corp shares valued at $34,023 were divested by the Director at a price of $113.41 per share. As a result of the transaction, HORTON OZEY K JR now holds 28,638 shares, worth roughly $3.06 million.
BMO Capital Markets downgraded its Louisiana-Pacific Corp [LPX] rating to a Market perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in mid June from “a Neutral” to “a Sell”. Seaport Research Partners also remained covering LPX and has decreased its forecast on May 09, 2024 with a “Neutral” recommendation from previously “Buy” rating. Loop Capital started covering the stock on May 03, 2024. It rated LPX as “a Hold”.
Price Performance Review of LPX
On Friday, Louisiana-Pacific Corp [NYSE:LPX] saw its stock jump 2.91% to $106.89. Over the last five days, the stock has gained 2.02%. Louisiana-Pacific Corp shares have risen nearly 3.23% since the year began. Nevertheless, the stocks have risen 58.92% over the past one year. While a 52-week high of $122.87 was reached on 01/03/25, a 52-week low of $63.76 was recorded on 01/02/25. SMA at 50 days reached $109.77, while 200 days put it at $95.24.
Levels Of Support And Resistance For LPX Stock
The 24-hour chart illustrates a support level at 104.71, which if violated will result in even more drops to 102.54. On the upside, there is a resistance level at 108.03. A further resistance level may holdings at 109.18. The Relative Strength Index (RSI) on the 14-day chart is 45.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.33%. Stochastics %K at 19.61% indicates the stock is a buying.
How much short interest is there in Louisiana-Pacific Corp?
A steep rise in short interest was recorded in Louisiana-Pacific Corp stocks on 2024-12-13, dropping by 65082.0 shares to a total of 2.39 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 2.46 million shares. There was a decline of -2.72%, which implies that there is a negative sentiment for the stock.
