Littelfuse, Inc’s recently made public that its SVP eMobility & Corp Strategy Cole Matthew unloaded Company’s shares for reported $0.12 million on Jan 15 ’25. In the deal valued at $235.00 per share,500 shares were sold. As a result of this transaction, Cole Matthew now holds 5,522 shares worth roughly $1.29 million.
Then, Cole Matthew bought 500 shares, generating $117,500 in total proceeds.
Before that, Gorski Jeffrey G sold 700 shares. Littelfuse, Inc shares valued at $174,314 were divested by the SVP & Chief Accounting Officer at a price of $249.02 per share. As a result of the transaction, Gorski Jeffrey G now holds 3,105 shares, worth roughly $0.72 million.
Oppenheimer upgraded its Littelfuse, Inc [LFUS] rating to an Outperform from a a Perform in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who increased its forecast for the stock in mid August from “a Hold” to “a Buy”. TD Cowen also remained covering LFUS and reiterated its “Hold” recommendation on August 01, 2024. Robert W. Baird revised its rating on May 17, 2024. It rated LFUS as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of LFUS
On Friday, Littelfuse, Inc [NASDAQ:LFUS] saw its stock jump 0.88% to $233.17. Over the last five days, the stock has lost -0.83%. Littelfuse, Inc shares have fallen nearly -1.05% since the year began. Nevertheless, the stocks have fallen -1.48% over the past one year. While a 52-week high of $275.58 was reached on 01/06/25, a 52-week low of $222.91 was recorded on 01/13/25. SMA at 50 days reached $243.08, while 200 days put it at $250.79.
Levels Of Support And Resistance For LFUS Stock
The 24-hour chart illustrates a support level at 231.01, which if violated will result in even more drops to 228.84. On the upside, there is a resistance level at 235.08. A further resistance level may holdings at 236.98. The Relative Strength Index (RSI) on the 14-day chart is 41.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.17%. Stochastics %K at 34.00% indicates the stock is a holding.
How much short interest is there in Littelfuse, Inc?
A steep rise in short interest was recorded in Littelfuse, Inc stocks on 2024-12-31, growing by 32583.0 shares to a total of 0.33 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.3 million shares. There was a rise of 9.92%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on April 09, 2024 when Jefferies began covering the stock and recommended ‘”a Hold”‘ rating along with a $260 price target.
