Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Lazard Inc shares valued at $2,940,114 were sold by Orszag Peter Richard on Mar 17 ’25. At $45.56 per share, Orszag Peter Richard sold 64,539 shares. The insider’s holdings dropped to 170,285 shares worth approximately $7.86 million following the completion of this transaction.
Also, Orszag Peter Richard sold 64,539 shares, netting a total of over 2,919,813 in proceeds. Following the sale of shares at $45.24 each, the insider now holds 234,824 shares.
Before that, Orszag Peter Richard had added 64,539 shares to its account. In a trade valued at $2,912,000, the Officer bought Lazard Inc shares for $45.12 each.
As published in a research note from Wolfe Research on January 03, 2025, Lazard Inc [LAZ] has been rated down from an Outperform to a Peer perform. Analysts at Keefe Bruyette downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in mid December. As of December 09, 2024, Morgan Stanley has decreased its “an Overweight” rating to a “an Equal-weight” for LAZ. Earlier on September 12, 2024, Wells Fargo initiated its rating. Their recommendation was “an Equal weight” for LAZ stock.
Analyzing LAZ Stock Performance
During the last five days, there has been a drop of approximately -0.84%. Over the course of the year, Lazard Inc shares have dropped approximately -10.30%. Shares of the company reached a 52-week high of $58.00 on 01/30/25 and a 52-week low of $43.71 on 03/10/25. A 50-day SMA is recorded $50.17, while a 200-day SMA reached $49.02.
Support And Resistance Levels for Lazard Inc (LAZ)
According to the 24-hour chart, there is a support level at 45.64, which, if violated, would cause prices to drop to 45.09. In the upper region, resistance lies at 47.18. The next price resistance is at 48.18. RSI (Relative Strength Index) is 43.24 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.57, which suggests the price will decrease in the coming days. Percent R is at 56.55%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
