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Insider Selling: Lind Global Fund II LP, Lifeward Ltd [LFWD] 10% Owner divested 381,676 shares

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Lifeward Ltd shares valued at $1,283,102 were sold by Lind Global Fund II LP on Jan 06 ’25. At $3.36 per share, Lind Global Fund II LP sold 381,676 shares. The insider’s holdings dropped to 1,049,430 shares worth approximately $2.08 million following the completion of this transaction.

Also, Lind Global Fund II LP sold 191,434 shares, netting a total of over 371,907 in proceeds. Following the sale of shares at $1.94 each, the insider now holds 857,996 shares.

Before that, Richner Randel had sold 4,285 shares from its account. In a trade valued at $7,214, the Director traded Lifeward Ltd shares for $1.68 each. Upon closing the transaction, the insider’s holdings decreased to 4,285 shares, worth approximately $0.0.

As published in a research note from Barclays on April 03, 2017, Lifeward Ltd [LFWD] has been rated down from an Equal weight to an Underweight and the price target has been revised to $1.50 from $2.50. Analysts at Oppenheimer started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid December. As of July 15, 2016, Piper Jaffray has initiated its “an Overweight” rating for LFWD. Earlier on May 22, 2015, Canaccord Genuity upgraded its rating. Their new recommendation was “a Buy” for LFWD stock which previously was a “a Hold”.

Analyzing LFWD Stock Performance

During the last five days, there has been a surge of approximately 14.45%. Over the course of the year, Lifeward Ltd shares have jumped approximately 14.45%. Shares of the company reached a 52-week high of $4.00 on 01/06/25 and a 52-week low of $1.74 on 01/02/25. A 50-day SMA is recorded $1.99, while a 200-day SMA reached $3.52. Nevertheless, trading volume fell to 0.78 million shares from 3.44 million shares the previous day.

Support And Resistance Levels for Lifeward Ltd (LFWD)

According to the 24-hour chart, there is a support level at 1.82, which, if violated, would cause prices to drop to 1.66. In the upper region, resistance lies at 2.17. The next price resistance is at 2.36. RSI (Relative Strength Index) is 49.66 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.49, which suggests the price will decrease in the coming days. Percent R is at 77.99%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.

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