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Lincoln Electric Holdings, Inc [NASDAQ: LECO] Sees Decrease in Stock Value

CHWY Stock

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Lincoln Electric Holdings, Inc shares valued at $457,269 were purchased by MICHELE KUHRT on Mar 10 ’25. At $201.62 per share, MICHELE KUHRT acquired 2,268 shares.

Also, Bruno Gabriel sold 6,682 shares, netting a total of over 1,360,052 in proceeds. Following the sale of shares at $203.54 each, the insider now holds 32,451 shares.

Before that, Ansberry Jennifer I had sold 11,124 shares from its account. In a trade valued at $2,282,771, the EVP, GENERAL COUNSEL & SECY traded Lincoln Electric Holdings, Inc shares for $205.21 each. Upon closing the transaction, the insider’s holdings decreased to 11,124 shares, worth approximately $4.1 million.

As published in their initiating research note from Morgan Stanley on January 08, 2024, Lincoln Electric Holdings, Inc [LECO] has been an Underweight and the price target has been revised to $178. Analysts at Seaport Research Partners upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late October. As of September 27, 2023, UBS has initiated its “Sell” rating for LECO. Earlier on July 21, 2023, Oppenheimer downgraded its rating. Their new recommendation was “a Perform” for LECO stock which previously was a “an Outperform”.

Analyzing LECO Stock Performance

During the last five days, there has been a drop of approximately -5.63%. Over the course of the year, Lincoln Electric Holdings, Inc shares have dropped approximately -1.35%. Shares of the company reached a 52-week high of $220.36 on 02/13/25 and a 52-week low of $176.82 on 01/13/25. A 50-day SMA is recorded $196.77, while a 200-day SMA reached $195.94.

Support And Resistance Levels for Lincoln Electric Holdings, Inc (LECO)

According to the 24-hour chart, there is a support level at 182.33, which, if violated, would cause prices to drop to 179.72. In the upper region, resistance lies at 189.65. The next price resistance is at 194.35. RSI (Relative Strength Index) is 33.44 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -8.52, which suggests the price will decrease in the coming days. Percent R is at 97.99%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.

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