Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. LPL Financial Holdings Inc shares valued at $402,435 were sold by Cohen Marc Eliot on Feb 26 ’25. At $365.85 per share, Cohen Marc Eliot sold 1,100 shares. The insider’s holdings dropped to 4,075 shares worth approximately $1.26 million following the completion of this transaction.
Also, Audette Matthew J sold 4,588 shares, netting a total of over 1,652,001 in proceeds. Following the sale of shares at $360.07 each, the insider now holds 16,538 shares.
Before that, Cohen Marc Eliot had added 1,100 shares to its account. In a trade valued at $402,435, the Officer bought LPL Financial Holdings Inc shares for $365.85 each.
As published in a research note from JP Morgan on January 07, 2025, LPL Financial Holdings Inc [LPLA] has been rated up from a Neutral to an Overweight and the price target has been revised to $397 from $288. Analysts at UBS upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early January. As of December 19, 2024, TD Cowen has increased its “Hold” rating to a “Buy” for LPLA. Earlier on October 09, 2024, Wells Fargo upgraded its rating. Their new recommendation was “an Overweight” for LPLA stock which previously was a “an Equal weight”.
Analyzing LPLA Stock Performance
During the last five days, there has been a drop of approximately -8.33%. Over the course of the year, LPL Financial Holdings Inc shares have dropped approximately -5.40%. Shares of the company reached a 52-week high of $384.04 on 02/21/25 and a 52-week low of $306.71 on 03/11/25. A 50-day SMA is recorded $351.08, while a 200-day SMA reached $284.93.
Support And Resistance Levels for LPL Financial Holdings Inc (LPLA)
According to the 24-hour chart, there is a support level at 303.90, which, if violated, would cause prices to drop to 298.93. In the upper region, resistance lies at 316.83. The next price resistance is at 324.78. RSI (Relative Strength Index) is 31.22 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -28.43, which suggests the price will decrease in the coming days. Percent R is at 97.03%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
