In a filing, Ladder Capital Corp revealed its Head of Asset Management Perelman Robert unloaded Company’s shares for reported $0.3 million on Sep 13 ’24. In the deal valued at $12.15 per share,25,000 shares were sold. As a result of this transaction, Perelman Robert now holds 351,453 shares worth roughly $3.92 million.
Then, McCormack Pamela sold 50,000 shares, generating $612,500 in total proceeds. Upon selling the shares at $12.25, the President now owns 548,863 shares.
Before that, McCormack Pamela sold 100,000 shares. Ladder Capital Corp shares valued at $1,217,000 were divested by the President at a price of $12.17 per share. As a result of the transaction, McCormack Pamela now holds 598,863 shares, worth roughly $6.67 million.
A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in late June with a ‘”an Outperform”‘ rating. Raymond James also remained covering LADR and has decreased its forecast on July 27, 2023 with a “an Outperform” recommendation from previously “Strong buy” rating.
Price Performance Review of LADR
On Monday, Ladder Capital Corp [NYSE:LADR] saw its stock fall -1.33% to $11.14. Over the last five days, the stock has lost -1.42%. Ladder Capital Corp shares have fallen nearly -0.45% since the year began. Nevertheless, the stocks have fallen -0.80% over the past one year. While a 52-week high of $12.48 was reached on 01/06/25, a 52-week low of $10.10 was recorded on 01/02/25. SMA at 50 days reached $11.58, while 200 days put it at $11.43.
Levels Of Support And Resistance For LADR Stock
The 24-hour chart illustrates a support level at 11.08, which if violated will result in even more drops to 11.01. On the upside, there is a resistance level at 11.26. A further resistance level may holdings at 11.38. The Relative Strength Index (RSI) on the 14-day chart is 37.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.30%. Stochastics %K at 16.86% indicates the stock is a buying.
How much short interest is there in Ladder Capital Corp?
A steep rise in short interest was recorded in Ladder Capital Corp stocks on 2024-12-13, dropping by -0.46 million shares to a total of 1.54 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.99 million shares. There was a decline of -29.73%, which implies that there is a negative sentiment for the stock.
