Las Vegas Sands Corp’s filing revealed that its Chairman & CEO Goldstein Robert G unloaded Company’s shares for reported $3.19 million on Nov 29 ’24. In the deal valued at $53.02 per share,60,187 shares were sold. As a result of this transaction, Goldstein Robert G now holds 0 shares worth roughly $0.0.
Then, Hudson D. Zachary sold 25,785 shares, generating $1,325,349 in total proceeds. Upon selling the shares at $51.40, the EVP and Global General Counsel now owns 0 shares.
Before that, Hudson D. Zachary bought 25,785 shares. Las Vegas Sands Corp shares valued at $1,325,258 were divested by the Officer at a price of $51.40 per share.
Jefferies upgraded its Las Vegas Sands Corp [LVS] rating to a Buy from a a Hold in a research note published on January 03, 2025; the price target was increased to $69 from $60. A number of analysts have revised their coverage, including UBS’s analysts, who decreased its forecast for the stock in late August from “a Buy” to “a Neutral”. Argus also remained covering LVS and has decreased its forecast on August 15, 2024 with a “Hold” recommendation from previously “Buy” rating. Seaport Research Partners started covering the stock on April 15, 2024. It rated LVS as “a Buy”.
Price Performance Review of LVS
On Tuesday, Las Vegas Sands Corp [NYSE:LVS] saw its stock fall -2.81% to $49.50. Over the last five days, the stock has lost -2.37%. Las Vegas Sands Corp shares have fallen nearly -3.62% since the year began. Nevertheless, the stocks have fallen -2.58% over the past one year. While a 52-week high of $56.60 was reached on 01/06/25, a 52-week low of $36.62 was recorded on 01/07/25. SMA at 50 days reached $51.72, while 200 days put it at $46.68.
Levels Of Support And Resistance For LVS Stock
The 24-hour chart illustrates a support level at 48.66, which if violated will result in even more drops to 47.81. On the upside, there is a resistance level at 50.89. A further resistance level may holdings at 52.27. The Relative Strength Index (RSI) on the 14-day chart is 39.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.65%. Stochastics %K at 18.58% indicates the stock is a buying.
How much short interest is there in Las Vegas Sands Corp?
A steep rise in short interest was recorded in Las Vegas Sands Corp stocks on 2024-12-13, growing by 4.63 million shares to a total of 25.67 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 21.04 million shares. There was a rise of 18.04%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 26, 2024 when Mizuho began covering the stock and recommended ‘”a Buy”‘ rating along with a $70 price target.
