Lumen Technologies Inc’s recent filing unveils that its Director Fowler James acquired Company’s shares for reported $46990.0 on Sep 03 ’24. In the deal valued at $4.70 per share,10,000 shares were bought. As a result of this transaction, Fowler James now holds 384,056 shares worth roughly $1.66 million.
Then, GOFF STACEY W bought 374,492 shares, generating $2,381,769 in total proceeds.
Before that, GOFF STACEY W bought 71,025 shares. Lumen Technologies Inc shares valued at $451,719 were divested by the Officer at a price of $6.36 per share.
Wells Fargo upgraded its Lumen Technologies Inc [LUMN] rating to an Equal weight from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in mid August from “an Equal weight” to “an Underweight”. JP Morgan also remained covering LUMN and has increased its forecast on August 07, 2024 with a “Neutral” recommendation from previously “an Underweight” rating. Goldman revised its rating on August 07, 2024. It rated LUMN as “a Neutral” which previously was an “a Sell”.
Price Performance Review of LUMN
On Friday, Lumen Technologies Inc [NYSE:LUMN] saw its stock fall -7.08% to $4.33. Over the last five days, the stock has lost -5.87%. Lumen Technologies Inc shares have fallen nearly -18.46% since the year began. Nevertheless, the stocks have risen 179.35% over the past one year. While a 52-week high of $10.33 was reached on 01/22/25, a 52-week low of $0.97 was recorded on 02/24/25. SMA at 50 days reached $5.40, while 200 days put it at $4.71.
Levels Of Support And Resistance For LUMN Stock
The 24-hour chart illustrates a support level at 4.20, which if violated will result in even more drops to 4.07. On the upside, there is a resistance level at 4.58. A further resistance level may holdings at 4.83. The Relative Strength Index (RSI) on the 14-day chart is 31.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.16%. Stochastics %K at 15.29% indicates the stock is a buying.
