Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. LPL Financial Holdings Inc shares valued at $10,507,676 were purchased by Audette Matthew J on Feb 05 ’25. At $365.14 per share, Audette Matthew J acquired 28,777 shares.
Also, Arnold Dan H. purchased 47,894 shares, netting a total of over 15,805,020 in proceeds.
Before that, Arnold Dan H. had added 100 shares to its account. In a trade valued at $33,000, the Former Officer bought LPL Financial Holdings Inc shares for $330.00 each.
As published in a research note from JP Morgan on January 07, 2025, LPL Financial Holdings Inc [LPLA] has been rated up from a Neutral to an Overweight and the price target has been revised to $397 from $288. Analysts at UBS upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early January. As of December 19, 2024, TD Cowen has increased its “Hold” rating to a “Buy” for LPLA. Earlier on October 09, 2024, Wells Fargo upgraded its rating. Their new recommendation was “an Overweight” for LPLA stock which previously was a “an Equal weight”.
Analyzing LPLA Stock Performance
During the last five days, there has been a surge of approximately 1.23%. Over the course of the year, LPL Financial Holdings Inc shares have jumped approximately 12.24%. Shares of the company reached a 52-week high of $375.74 on 01/31/25 and a 52-week low of $324.14 on 01/02/25. A 50-day SMA is recorded $337.12, while a 200-day SMA reached $274.02. Nevertheless, trading volume fell to 0.63 million shares from 0.46 million shares the previous day.
Support And Resistance Levels for LPL Financial Holdings Inc (LPLA)
According to the 24-hour chart, there is a support level at 355.90, which, if violated, would cause prices to drop to 345.32. In the upper region, resistance lies at 372.75. The next price resistance is at 379.02. RSI (Relative Strength Index) is 69.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.92, which suggests the price will increase in the coming days. Percent R is at 26.58%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
