Lennar Corp’s filing revealed that its Director SONNENFELD JEFFREY unloaded Company’s shares for reported $3.06 million on Oct 28 ’24. In the deal valued at $175.13 per share,17,500 shares were sold. As a result of this transaction, SONNENFELD JEFFREY now holds 23,689 shares worth roughly $2.79 million.
Then, JEFFREY SONNENFELD bought 17,500 shares, generating $3,064,784 in total proceeds.
Before that, Jeffrey J. McCall bought 10,000 shares. Lennar Corp shares valued at $1,809,700 were divested by the Officer at a price of $180.97 per share.
Evercore ISI downgraded its Lennar Corp [LEN] rating to an In-line from a an Outperform in a research note published on March 24, 2025; the price target was decreased to $131 from $159. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in mid March from “an Outperform” to “a Mkt perform”. Seaport Research Partners also remained covering LEN and has increased its forecast on March 06, 2025 with a “Buy” recommendation from previously “Neutral” rating. RBC Capital Mkts revised its rating on January 10, 2025. It rated LEN as “a Sector perform” which previously was an “an Underperform”.
Price Performance Review of LEN
On Tuesday, Lennar Corp [NYSE:LEN] saw its stock jump 0.15% to $117.74. Over the last five days, the stock has lost -0.64%. Lennar Corp shares have fallen nearly -10.15% since the year began. Nevertheless, the stocks have fallen -25.89% over the past one year. While a 52-week high of $186.23 was reached on 01/17/25, a 52-week low of $111.26 was recorded on 03/21/25. SMA at 50 days reached $125.50, while 200 days put it at $156.66.
Levels Of Support And Resistance For LEN Stock
The 24-hour chart illustrates a support level at 115.37, which if violated will result in even more drops to 113.00. On the upside, there is a resistance level at 119.97. A further resistance level may holdings at 122.19. The Relative Strength Index (RSI) on the 14-day chart is 43.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.02%. Stochastics %K at 30.98% indicates the stock is a holding.
How much short interest is there in Lennar Corp?
A steep rise in short interest was recorded in Lennar Corp stocks on 2025-03-14, growing by 0.87 million shares to a total of 8.6 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 7.73 million shares. There was a rise of 10.15%, which implies that there is a positive sentiment for the stock.
