In a filing, Lumen Technologies Inc revealed its Director Fowler James acquired Company’s shares for reported $46990.0 on Sep 03 ’24. In the deal valued at $4.70 per share,10,000 shares were bought. As a result of this transaction, Fowler James now holds 384,056 shares worth roughly $1.87 million.
Then, GOFF STACEY W bought 374,492 shares, generating $2,381,769 in total proceeds.
Before that, GOFF STACEY W bought 71,025 shares. Lumen Technologies Inc shares valued at $451,719 were divested by the Officer at a price of $6.36 per share.
Citigroup upgraded its Lumen Technologies Inc [LUMN] rating to a Buy from a a Neutral in a research note published on February 26, 2025; the price target was decreased to $6.50 from $8. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in late February from “an Underweight” to “an Equal weight”. Wells Fargo also remained covering LUMN and has decreased its forecast on August 16, 2024 with a “an Underweight” recommendation from previously “an Equal weight” rating. JP Morgan revised its rating on August 07, 2024. It rated LUMN as “a Neutral” which previously was an “an Underweight”.
Price Performance Review of LUMN
On Tuesday, Lumen Technologies Inc [NYSE:LUMN] saw its stock fall -3.75% to $4.88. Over the last five days, the stock has gained 0.21%. Lumen Technologies Inc shares have fallen nearly -8.10% since the year began. Nevertheless, the stocks have risen 208.86% over the past one year. While a 52-week high of $10.33 was reached on 01/22/25, a 52-week low of $0.97 was recorded on 02/25/25. SMA at 50 days reached $5.06, while 200 days put it at $4.99.
Levels Of Support And Resistance For LUMN Stock
The 24-hour chart illustrates a support level at 4.80, which if violated will result in even more drops to 4.71. On the upside, there is a resistance level at 4.99. A further resistance level may holdings at 5.09. The Relative Strength Index (RSI) on the 14-day chart is 48.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.64%. Stochastics %K at 52.14% indicates the stock is a holding.
How much short interest is there in Lumen Technologies Inc?
A steep rise in short interest was recorded in Lumen Technologies Inc stocks on 2025-02-28, growing by 2.48 million shares to a total of 77.44 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 74.96 million shares. There was a rise of 3.2%, which implies that there is a positive sentiment for the stock.
