KD Logo

Levi Strauss & Co (LEVI) receives an Overweight rating from Barclays

In a filing, Levi Strauss & Co revealed its Director Friedman David A unloaded Company’s shares for reported $76821.0 on Feb 03 ’25. In the deal valued at $18.44 per share,4,166 shares were sold. As a result of this transaction, Friedman David A now holds 100,012 shares worth roughly $1.84 million.

Then, Friedman David A bought 10,416 shares, generating $192,071 in total proceeds.

Before that, Friedman David A sold 4,166 shares. Levi Strauss & Co shares valued at $74,988 were divested by the Director at a price of $18.00 per share. As a result of the transaction, Friedman David A now holds 104,178 shares, worth roughly $1.92 million.

Barclays initiated its Levi Strauss & Co [LEVI] rating to an Overweight in a research note published on January 08, 2025; the price target was $24. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in late June has reiterated a ‘”an Outperform”‘ rating for it. OTR Global began covering LEVI with “Positive” recommendation on June 14, 2024. Telsey Advisory Group maintained its rating on April 04, 2024. It rated LEVI as “an Outperform”.

Price Performance Review of LEVI

On Friday, Levi Strauss & Co [NYSE:LEVI] saw its stock fall -3.25% to $18.44. Over the last five days, the stock has lost -3.10%. Levi Strauss & Co shares have risen nearly 6.59% since the year began. Nevertheless, the stocks have risen 9.63% over the past one year. While a 52-week high of $24.34 was reached on 02/06/25, a 52-week low of $15.62 was recorded on 01/30/25. SMA at 50 days reached $17.72, while 200 days put it at $19.26.

Levels Of Support And Resistance For LEVI Stock

The 24-hour chart illustrates a support level at 18.05, which if violated will result in even more drops to 17.66. On the upside, there is a resistance level at 18.94. A further resistance level may holdings at 19.44. The Relative Strength Index (RSI) on the 14-day chart is 53.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 42.79%. Stochastics %K at 73.04% indicates the stock is a holding.

How much short interest is there in Levi Strauss & Co?

A steep rise in short interest was recorded in Levi Strauss & Co stocks on 2025-01-15, growing by 0.12 million shares to a total of 5.31 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 5.18 million shares. There was a rise of 2.34%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on March 27, 2024 when Telsey Advisory Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $22.

Most Popular