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. LCI Industries shares valued at $1,259,841 were purchased by THURSTON, SPRINGER, MILLER, HE on Nov 25 ’24. At $125.98 per share, THURSTON, SPRINGER, MILLER, HE acquired 10,000 shares.
Also, LIPPERT JASON sold 10,000 shares, netting a total of over 1,260,000 in proceeds. Following the sale of shares at $126.00 each, the insider now holds 373,145 shares.
Before that, GERO JAMES had added 100,000 shares to its account. In a trade valued at $13,650,000, the Director bought LCI Industries shares for $136.50 each.
As published in their initiating research note from Raymond James on October 01, 2024, LCI Industries [LCII] has been a Mkt perform. Analysts at The Benchmark Company started covering the stock with ‘”a Buy”‘ outlook in a report released in mid July. As of January 22, 2024, BMO Capital Markets has decreased its “Market perform” rating to a “an Underperform” for LCII. Earlier on January 19, 2024, Truist downgraded its rating. Their new recommendation was “a Hold” for LCII stock which previously was a “a Buy”.
Analyzing LCII Stock Performance
During the last five days, there has been a drop of approximately -1.11%. Over the course of the year, LCI Industries shares have dropped approximately -1.11%. Shares of the company reached a 52-week high of $106.31 on 01/06/25 and a 52-week low of $100.46 on 01/08/25. A 50-day SMA is recorded $113.10, while a 200-day SMA reached $112.01. Nevertheless, trading volume fell to 0.18 million shares from 0.19 million shares the previous day.
Support And Resistance Levels for LCI Industries (LCII)
According to the 24-hour chart, there is a support level at 101.05, which, if violated, would cause prices to drop to 99.85. In the upper region, resistance lies at 102.85. The next price resistance is at 103.45. RSI (Relative Strength Index) is 34.33 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.48, which suggests the price will decrease in the coming days. Percent R is at 85.41%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
