Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Labcorp Holdings Inc shares valued at $127,817 were sold by ANDERSON KERRII B on Mar 05 ’25. At $255.63 per share, ANDERSON KERRII B sold 500 shares. The insider’s holdings dropped to 13,166 shares worth approximately $3.12 million following the completion of this transaction.
Also, KERRII B ANDERSON purchased 500 shares, netting a total of over 127,817 in proceeds.
Before that, Schroeder Mark S had sold 5,339 shares from its account. In a trade valued at $1,330,639, the EVP, Pres Diagnostics & COO traded Labcorp Holdings Inc shares for $249.23 each. Upon closing the transaction, the insider’s holdings decreased to 5,339 shares, worth approximately $1.17 million.
As published in a research note from Citigroup on March 04, 2025, Labcorp Holdings Inc [LH] has been rated up from a Neutral to a Buy and the price target has been revised to $300 from $250. Analysts at Evercore ISI upgraded the stock from ‘”an In-line”‘ to ‘”an Outperform”‘ outlook in a report released in early January. Earlier on October 30, 2024, HSBC Securities upgraded its rating. Their new recommendation was “a Buy” for LH stock which previously was a “a Hold”.
Analyzing LH Stock Performance
During the last five days, there has been a drop of approximately -6.87%. Over the course of the year, Labcorp Holdings Inc shares have jumped approximately 3.27%. Shares of the company reached a 52-week high of $258.59 on 03/05/25 and a 52-week low of $225.20 on 01/03/25. A 50-day SMA is recorded $243.70, while a 200-day SMA reached $226.19.
Support And Resistance Levels for Labcorp Holdings Inc (LH)
According to the 24-hour chart, there is a support level at 231.95, which, if violated, would cause prices to drop to 227.07. In the upper region, resistance lies at 240.74. The next price resistance is at 244.64. RSI (Relative Strength Index) is 34.79 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -9.75, which suggests the price will decrease in the coming days. Percent R is at 78.80%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
