Lamb Weston Holdings Inc’s recently made public that its Director BLIXT CHARLES A acquired Company’s shares for reported $75901.0 on Dec 23 ’24. In the deal valued at $63.25 per share,1,200 shares were bought. As a result of this transaction, BLIXT CHARLES A now holds 22,982 shares worth roughly $1.4 million.
Then, JURGENSEN WILLIAM G bought 5,000 shares, generating $316,350 in total proceeds. Upon buying the shares at $63.27, the Director now owns 181,250 shares.
Before that, Rajagopalan Sukshma bought 2,719 shares. Lamb Weston Holdings Inc shares valued at $212,082 were divested by the Former Officer at a price of $78.00 per share.
Citigroup downgraded its Lamb Weston Holdings Inc [LW] rating to a Neutral from a a Buy in a research note published on December 20, 2024; the price target was decreased to $68 from $90. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in mid December with a ‘”a Hold”‘ rating. Bernstein began covering LW with “Mkt perform” recommendation on December 03, 2024. JP Morgan revised its rating on October 07, 2024. It rated LW as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of LW
On Monday, Lamb Weston Holdings Inc [NYSE:LW] saw its stock jump 0.20% to $60.85. Over the last five days, the stock has lost -7.14%. Lamb Weston Holdings Inc shares have fallen nearly -8.95% since the year began. Nevertheless, the stocks have fallen -43.23% over the past one year. While a 52-week high of $110.61 was reached on 01/02/25, a 52-week low of $52.99 was recorded on 01/10/25. SMA at 50 days reached $73.75, while 200 days put it at $75.13.
Levels Of Support And Resistance For LW Stock
The 24-hour chart illustrates a support level at 59.96, which if violated will result in even more drops to 59.06. On the upside, there is a resistance level at 61.67. A further resistance level may holdings at 62.48. The Relative Strength Index (RSI) on the 14-day chart is 32.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.93, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.37%. Stochastics %K at 10.64% indicates the stock is a buying.
How much short interest is there in Lamb Weston Holdings Inc?
A steep rise in short interest was recorded in Lamb Weston Holdings Inc stocks on 2024-11-29, growing by 0.2 million shares to a total of 7.44 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 7.24 million shares. There was a rise of 2.74%, which implies that there is a positive sentiment for the stock.
