Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Limbach Holdings Inc shares valued at $50,185 were purchased by Gaboury David Richard on Dec 10 ’24. At $94.51 per share, Gaboury David Richard acquired 531 shares. The insider’s holdings grew to 2,071 shares worth approximately $0.2 million following the completion of this transaction.
Also, Gaboury David Richard purchased 340 shares, netting a total of over 24,718 in proceeds. Following the buying of shares at $72.70 each, the insider now holds 1,540 shares.
Before that, ALVARADO LINDA G had added 901 shares to its account. In a trade valued at $57,937, the Director bought Limbach Holdings Inc shares for $64.30 each. Upon closing the transaction, the insider’s holdings increased to 901 shares, worth approximately $2.65 million.
As published in their initiating research note from Stifel on November 15, 2024, Limbach Holdings Inc [LMB] has been a Buy and the price target has been revised to $108. Analysts at Lake Street started covering the stock with ‘”a Buy”‘ outlook in a report released in early March. As of January 24, 2020, DA Davidson has decreased its “Buy” rating to a “Neutral” for LMB. Earlier on April 17, 2019, ROTH Capital upgraded its rating. Their new recommendation was “a Buy” for LMB stock which previously was a “a Neutral”.
Analyzing LMB Stock Performance
During the last five days, there has been a surge of approximately 13.60%. Over the course of the year, Limbach Holdings Inc shares have jumped approximately 13.60%. Shares of the company reached a 52-week high of $98.57 on 01/06/25 and a 52-week low of $86.00 on 01/02/25. A 50-day SMA is recorded $91.96, while a 200-day SMA reached $67.32. Nevertheless, trading volume fell to 0.17 million shares from 0.24 million shares the previous day.
Support And Resistance Levels for Limbach Holdings Inc (LMB)
According to the 24-hour chart, there is a support level at 93.24, which, if violated, would cause prices to drop to 89.30. In the upper region, resistance lies at 99.65. The next price resistance is at 102.12. RSI (Relative Strength Index) is 58.26 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 6.62, which suggests the price will increase in the coming days. Percent R is at 8.85%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
