Loews Corp’s recently made public 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 $134.46 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 Tuesday, Loews Corp [NYSE:L] saw its stock jump 0.48% to $85.74. Over the last five days, the stock has lost -0.01%. Loews Corp shares have risen nearly 1.24% since the year began. Nevertheless, the stocks have risen 18.59% over the past one year. While a 52-week high of $87.45 was reached on 01/21/25, a 52-week low of $71.52 was recorded on 01/13/25. SMA at 50 days reached $84.73, while 200 days put it at $79.76.
Levels Of Support And Resistance For L Stock
The 24-hour chart illustrates a support level at 85.23, which if violated will result in even more drops to 84.71. On the upside, there is a resistance level at 86.39. A further resistance level may holdings at 87.03. The Relative Strength Index (RSI) on the 14-day chart is 54.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.81%. Stochastics %K at 64.79% 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 2025-01-15, growing by 0.34 million shares to a total of 1.96 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.62 million shares. There was a rise of 17.51%, 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 .
