Light & Wonder Inc’s recently made public that its Director McLennan Hamish unloaded Company’s shares for reported $0.55 million on Feb 28 ’25. In the deal valued at $110.58 per share,5,000 shares were sold. As a result of this transaction, McLennan Hamish now holds 29,623 shares worth roughly $3.16 million.
Then, McLennan Hamish bought 5,000 shares, generating $552,900 in total proceeds.
Before that, Regan Michael J bought 20,000 shares. Light & Wonder Inc shares valued at $2,068,964 were divested by the former director at a price of $103.45 per share.
Citigroup upgraded its Light & Wonder Inc [LNW] rating to a Buy from a a Neutral in a research note published recently. UBS also remained covering LNW and has increased its forecast on September 25, 2024 with a “Buy” recommendation from previously “Neutral” rating. Maxim Group started covering the stock on August 26, 2024. It rated LNW as “a Buy”.
Price Performance Review of LNW
On Tuesday, Light & Wonder Inc [NASDAQ:LNW] saw its stock fall -2.78% to $106.60. Over the last five days, the stock has gained 4.89%. Light & Wonder Inc shares have risen nearly 23.41% since the year began. Nevertheless, the stocks have risen 6.06% over the past one year. While a 52-week high of $115.00 was reached on 03/03/25, a 52-week low of $84.00 was recorded on 01/10/25. SMA at 50 days reached $92.14, while 200 days put it at $97.74.
Levels Of Support And Resistance For LNW Stock
The 24-hour chart illustrates a support level at 103.93, which if violated will result in even more drops to 101.27. On the upside, there is a resistance level at 108.99. A further resistance level may holdings at 111.39. The Relative Strength Index (RSI) on the 14-day chart is 62.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.46, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 35.86%. Stochastics %K at 79.04% indicates the stock is a holding.
