In a filing, LifeMD Inc revealed its Chief Executive Officer Schreiber Justin unloaded Company’s shares for reported $0.38 million on Feb 14 ’25. In the deal valued at $7.55 per share,50,000 shares were sold. As a result of this transaction, Schreiber Justin now holds 2,653,715 shares worth roughly $14.78 million.
Then, Schreiber Justin sold 25,000 shares, generating $129,668 in total proceeds. Upon selling the shares at $5.19, the Chief Executive Officer now owns 2,703,715 shares.
Before that, Schreiber Justin sold 25,000 shares. LifeMD Inc shares valued at $162,925 were divested by the Chief Executive Officer at a price of $6.52 per share. As a result of the transaction, Schreiber Justin now holds 2,728,715 shares, worth roughly $15.2 million.
Lake Street initiated its LifeMD Inc [LFMD] rating to a Buy in a research note published on December 10, 2024; the price target was $12. A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in early December with a ‘”a Neutral”‘ rating. KeyBanc Capital Markets started covering the stock on June 05, 2024. It rated LFMD as “an Overweight”.
Price Performance Review of LFMD
On Tuesday, LifeMD Inc [NASDAQ:LFMD] saw its stock jump 30.56% to $5.57. Over the last five days, the stock has gained 14.71%. LifeMD Inc shares have risen nearly 12.63% since the year began. Nevertheless, the stocks have fallen -29.43% over the past one year. While a 52-week high of $12.88 was reached on 02/18/25, a 52-week low of $3.99 was recorded on 03/10/25. SMA at 50 days reached $5.61, while 200 days put it at $5.82.
Levels Of Support And Resistance For LFMD Stock
The 24-hour chart illustrates a support level at 5.07, which if violated will result in even more drops to 4.57. On the upside, there is a resistance level at 5.94. A further resistance level may holdings at 6.31. The Relative Strength Index (RSI) on the 14-day chart is 50.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.18%. Stochastics %K at 17.14% indicates the stock is a buying.
The most recent change occurred on November 30, 2023 when Craig Hallum began covering the stock and recommended ‘”a Buy”‘ rating along with a $10 price target.
