Light & Wonder Inc’s recently made public that its SVP & CEO – Gaming Lane Siobhan unloaded Company’s shares for reported $0.4 million on Mar 06 ’25. In the deal valued at $105.37 per share,3,784 shares were sold. As a result of this transaction, Lane Siobhan now holds 21,254 shares worth roughly $2.23 million.
Then, Kalabic Vanja sold 1,132 shares, generating $118,192 in total proceeds. Upon selling the shares at $104.41, the SVP & Chief Accounting Officer now owns 5,016 shares.
Before that, Wilson Matthew R. sold 18,243 shares. Light & Wonder Inc shares valued at $1,908,298 were divested by the President & CEO at a price of $104.60 per share. As a result of the transaction, Wilson Matthew R. now holds 142,246 shares, worth roughly $14.95 million.
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 Friday, Light & Wonder Inc [NASDAQ:LNW] saw its stock jump 1.04% to $105.10. Over the last five days, the stock has lost -5.72%. Light & Wonder Inc shares have risen nearly 21.67% since the year began. Nevertheless, the stocks have risen 5.99% 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 $93.32, while 200 days put it at $97.91.
Levels Of Support And Resistance For LNW Stock
The 24-hour chart illustrates a support level at 102.01, which if violated will result in even more drops to 98.92. On the upside, there is a resistance level at 106.85. A further resistance level may holdings at 108.60. The Relative Strength Index (RSI) on the 14-day chart is 57.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.31%. Stochastics %K at 52.67% indicates the stock is a holding.
