In a filing, Lennar Corp revealed its Director SONNENFELD JEFFREY unloaded Company’s shares for reported $3.06 million on Oct 28 ’24. In the deal valued at $175.13 per share,17,500 shares were sold. As a result of this transaction, SONNENFELD JEFFREY now holds 23,689 shares worth roughly $2.88 million.
Then, JEFFREY SONNENFELD bought 17,500 shares, generating $3,064,784 in total proceeds.
Before that, Jeffrey J. McCall bought 10,000 shares. Lennar Corp shares valued at $1,809,700 were divested by the Officer at a price of $180.97 per share.
Keefe Bruyette downgraded its Lennar Corp [LEN] rating to a Mkt perform from a an Outperform in a research note published on March 11, 2025; the price target was decreased to $141 from $152. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who increased its forecast for the stock in early March from “a Neutral” to “a Buy”. RBC Capital Mkts also remained covering LEN and has increased its forecast on January 10, 2025 with a “Sector perform” recommendation from previously “an Underperform” rating. Wolfe Research revised its rating on January 08, 2025. It rated LEN as “a Peer perform” which previously was an “an Outperform”.
Price Performance Review of LEN
On Tuesday, Lennar Corp [NYSE:LEN] saw its stock fall -3.02% to $121.44. Over the last five days, the stock has gained 2.27%. Lennar Corp shares have fallen nearly -7.33% since the year began. Nevertheless, the stocks have fallen -23.14% over the past one year. While a 52-week high of $186.23 was reached on 01/17/25, a 52-week low of $116.67 was recorded on 03/04/25. SMA at 50 days reached $128.86, while 200 days put it at $158.61.
Levels Of Support And Resistance For LEN Stock
The 24-hour chart illustrates a support level at 119.63, which if violated will result in even more drops to 117.82. On the upside, there is a resistance level at 124.46. A further resistance level may holdings at 127.48. The Relative Strength Index (RSI) on the 14-day chart is 44.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.12, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 62.14%. Stochastics %K at 63.11% indicates the stock is a holding.
