Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Life Time Group Holdings Inc shares valued at $51,568 were sold by Weaver Erik on Feb 04 ’25. At $29.62 per share, Weaver Erik sold 1,741 shares. The insider’s holdings dropped to 96,361 shares worth approximately $3.14 million following the completion of this transaction.
Also, Singh Ritadhwaja Jebens sold 6,810 shares, netting a total of over 204,300 in proceeds. Following the sale of shares at $30.00 each, the insider now holds 136,220 shares.
Before that, RITADHWAJA SINGH had added 6,810 shares to its account. In a trade valued at $204,300, the Officer bought Life Time Group Holdings Inc shares for $30.00 each.
As published in their initiating research note from Evercore ISI on November 22, 2024, Life Time Group Holdings Inc [LTH] has been an Outperform and the price target has been revised to $29. Analysts at Craig Hallum started covering the stock with ‘”a Buy”‘ outlook in a report released in mid July. As of April 23, 2024, Northland Capital has initiated its “an Outperform” rating for LTH. Earlier on October 04, 2023, Wells Fargo upgraded its rating. Their new recommendation was “an Equal weight” for LTH stock which previously was a “an Underweight”.
Analyzing LTH Stock Performance
During the last five days, there has been a surge of approximately 2.48%. Over the course of the year, Life Time Group Holdings Inc shares have jumped approximately 47.33%. Shares of the company reached a 52-week high of $33.64 on 02/20/25 and a 52-week low of $22.04 on 01/02/25. A 50-day SMA is recorded $26.47, while a 200-day SMA reached $22.79. Nevertheless, trading volume fell to 2.49 million shares from 2.06 million shares the previous day.
Support And Resistance Levels for Life Time Group Holdings Inc (LTH)
According to the 24-hour chart, there is a support level at 31.91, which, if violated, would cause prices to drop to 31.22. In the upper region, resistance lies at 33.46. The next price resistance is at 34.32. RSI (Relative Strength Index) is 75.61 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.44, which suggests the price will increase in the coming days. Percent R is at 20.55%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
