Loews Corp’s filing revealed that its DIRECTOR EMERITUS TISCH ANDREW H unloaded Company’s shares for reported $0.74 million on Jan 02 ’25. In the deal valued at $84.94 per share,8,659 shares were sold. As a result of this transaction, TISCH ANDREW H now holds 1,568,191 shares worth roughly $127.23 million.
Then, TISCH ANDREW H sold 7,533 shares, generating $635,409 in total proceeds. Upon selling the shares at $84.35, the DIRECTOR EMERITUS now owns 1,568,191 shares.
Before that, TISCH JONATHAN M sold 16,214 shares. Loews Corp shares valued at $1,375,920 were divested by the DIRECTOR EMERITUS at a price of $84.86 per share. As a result of the transaction, TISCH JONATHAN M now holds 0 shares, worth roughly $0.0.
Deutsche Bank reiterated its Loews Corp [L] rating to a Hold in a research note published on November 02, 2016; the price target was $43. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who remained covering the stock and in early August has reiterated a ‘”a Hold”‘ rating for it. Deutsche Bank also remained covering L and has decreased its forecast on March 24, 2014 with a “Hold” recommendation from previously “Buy” rating. Deutsche Bank started covering the stock on September 04, 2013. It rated L as “a Buy”.
Price Performance Review of L
On Friday, Loews Corp [NYSE:L] saw its stock fall -2.87% to $81.13. Over the last five days, the stock has lost -3.60%. Loews Corp shares have fallen nearly -4.20% since the year began. Nevertheless, the stocks have risen 14.28% over the past one year. While a 52-week high of $87.45 was reached on 01/02/25, a 52-week low of $70.23 was recorded on 01/10/25. SMA at 50 days reached $83.58, while 200 days put it at $79.00.
Levels Of Support And Resistance For L Stock
The 24-hour chart illustrates a support level at 80.32, which if violated will result in even more drops to 79.51. On the upside, there is a resistance level at 82.41. A further resistance level may holdings at 83.69. The Relative Strength Index (RSI) on the 14-day chart is 37.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.55%. Stochastics %K at 40.58% indicates the stock is a holding.
How much short interest is there in Loews Corp?
A steep rise in short interest was recorded in Loews Corp stocks on 2024-12-13, growing by 0.27 million shares to a total of 1.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.35 million shares. There was a rise of 16.63%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 23, 2009 when Susquehanna Financial began covering the stock and recommended ‘”a Positive”‘ rating .
