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Investing in LCI Industries (LCII): What You Must Know

LCI Industries’s filing revealed that its Officer THURSTON, SPRINGER, MILLER, HE acquired Company’s shares for reported $1.26 million on Nov 25 ’24. In the deal valued at $125.98 per share,10,000 shares were bought.

Then, LIPPERT JASON sold 10,000 shares, generating $1,260,000 in total proceeds. Upon selling the shares at $126.00, the President , CEO now owns 373,145 shares.

Before that, GERO JAMES bought 100,000 shares. LCI Industries shares valued at $13,650,000 were divested by the Director at a price of $136.50 per share.

Raymond James initiated its LCI Industries [LCII] rating to a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who began to cover the stock in mid July with a ‘”a Buy”‘ rating. BMO Capital Markets also remained covering LCII and has decreased its forecast on January 22, 2024 with a “an Underperform” recommendation from previously “Market perform” rating. Truist revised its rating on January 19, 2024. It rated LCII as “a Hold” which previously was an “a Buy”.

Price Performance Review of LCII

On Friday, LCI Industries [NYSE:LCII] saw its stock fall -0.46% to $107.28. Over the last five days, the stock has gained 8.83%. LCI Industries shares have risen nearly 3.76% since the year began. Nevertheless, the stocks have fallen -8.28% over the past one year. While a 52-week high of $129.38 was reached on 01/17/25, a 52-week low of $96.18 was recorded on 01/13/25. SMA at 50 days reached $111.86, while 200 days put it at $111.56.

Levels Of Support And Resistance For LCII Stock

The 24-hour chart illustrates a support level at 105.73, which if violated will result in even more drops to 104.19. On the upside, there is a resistance level at 109.03. A further resistance level may holdings at 110.79. The Relative Strength Index (RSI) on the 14-day chart is 51.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.80, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.35%. Stochastics %K at 87.57% indicates the stock is a selling.

How much short interest is there in LCI Industries?

A steep rise in short interest was recorded in LCI Industries stocks on 2024-12-31, dropping by 56926.0 shares to a total of 1.71 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.76 million shares. There was a decline of -3.33%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on December 07, 2023 when BMO Capital Markets began covering the stock and recommended ‘”a Market perform”‘ rating along with a $105 price target.

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